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ICICI Bank News
ICICI and HDFC bank reduced the Home loan rates
Sat, May 20, 2017
ICICI and HDFC bank reduced the Home loan rates. Watch this special segment and get to know more here.
State Bank of India Q4 preview: Moderation in loan growth, stable NIM and asset quality?
Fri, May 19, 2017
Nilesh Parikh, Kunal Shah and Prakhar Agarwal analysts at Edelweiss Financial Services said, "Loan growth to be softer, but NII to be supported by lower funding cost. Incremental stress will likely be curtailed, keeping credit cost within initial guidance."
Home loans rate cut: Banks offer 'best' home loans rate for women but what you save is nothing really
Wed, May 17, 2017
Since last week, the banks have been reducing home loan rates to give a push to Prime Minister Narendra Modi's vision "Affordable Housing to all by 2022".
Now, HDFC too matches SBI, ICICI's rates, lowers to 8.35%
Tue, May 16, 2017
Earlier HDFC Bank had a flat rate of 8.50 percent for all types of borrowers. With this, the three largest players (SBI, ICICI Bank and HDFC Bank) offer similar prices for new affordable home loans.
WATCH: ICICI Bank slashes home loans by 30 basis points for ‘affordable housing’
Mon, May 15, 2017
Key Highlights: -- Bank trims interest rates for home loans up to Rs 30 lakh. -- ICICI offers choice of home loans linked to I-MCLR-6 Months or I-MCLR-1 Year.
Indian equities bullish on IMD forecast, indices scale record highs
Sat, May 13, 2017
The key Indian equity indices zoomed to new closing and 52-week highs, crossing their psychologically significant levels, riding on news reports which quoted a top India Meteorological Department (IMD) official predicting a higher rainfall than previously forecast as the El Nino weather condition had eased.
Decks cleared for SBI Life Insurance IPO
Fri, May 12, 2017
State Bank of India (SBI) on Friday said that its Board has approved its initial public offering (IPO) of SBI Life Insurance Company.
Q4 result analysis: HDFC Bank vs Axis Bank vs ICICI Bank
Thu, May 04, 2017
Axis Bank and ICICI Bank registered GNPA of 5.04% and 7.89% respectively in Q4FY17 as against 6.10% and 8.60% respectively predicted by the experts.
Analysts say still like ICICI Bank
Thu, May 04, 2017
Analysts at HDFC Securities said,"The profit was salvaged by 10 % growth in net interest income, improved net interest margins (NIMs) and lower provisions."
ICICI Bank Q4 result: Here's what to expect
Tue, May 02, 2017
In the previous three quarters, ICICI Bank witnessed continuous decline in net profit, higher provisions, increasing gross non-performing assets which led to significant deterioration in asset quality and muted net interest income (NII) growth.
ICICI Lombard GIC's premium income rise to Rs 10, 700 crore in FY17
Fri, Apr 21, 2017
The company’s Solvency Ratio was at 2.10x against the minimum regulatory requirement of 1.5x.
ICICI Bank clarifies on Karnataka Bank stake holding rumors
Wed, Apr 12, 2017
A spokesperson of ICICI Bank said, “Some erroneous media reports have appeared that ICICI Bank has acquired 1.09% stake in Karnataka Bank. We would like to clarify that almost all of these shares are held by the bank on behalf of its equity broker clients as a security for our exchange clearing and settlement business.”
While currency in circulation improved, ATMs still run dry
Tue, Apr 11, 2017
The survey stated, RBI's move in lifting up withdrawal limit on March 13, 2017, could have attributed to the happenings.
RBI to soon allow banks to invest in REITs, InvITs; to issue detail guidelines by end of May
Fri, Apr 07, 2017
The Reserve Bank of India (RBI) will soon allow banks to invest in REITs and InvITs which will boost the country's real estate sector.
NBHC appoints ex-ICICI manager Juneja as CEO
Fri, Mar 31, 2017
Ex-ICICI Senior General Manager, Maninder Singh Juneja was appointed by National Bulk Handling Corporation (NBHC) on Friday as Managing Director and CEO.
ICICI Bank partners with Truecaller to launch payment service app 'Truecaller Pay'
Tue, Mar 28, 2017
ICICI Bank in partnership with Truecaller has launched 'Truecaller Pay' app in New Delhi on Tuesday.
ICICI Bank launches 'Mera iMobile' app for rural customers; here's how it works
Mon, Mar 20, 2017
Chanda Kochhar, Managing Director & CEO of ICICI Bank said, “ With the new ‘Mera iMobile’, we will offer our rural and semi-urban customers a unique and unparalleled experience in their interactions with the bank. "
ICICI Bank, SBI, StanChart top bank frauds list: RBI
Sun, Mar 12, 2017
The data provided by RBI to the Finance Ministry also revealed the involvement of bank staffs in fraud cases.
Inquiry into GST's IT infra firm for alleged tax evasion still on: CBEC
Sun, Mar 12, 2017
GSTN was set up in March 2013 as a non-profit, non-government company and is 51% owned by banks and financial institutions.
Only 70% citizens feel charges on cash transaction are a bad decision: Survey
Tue, Mar 07, 2017
The survey said, “Consumers are of the opinion that instead of reducing the cost of digital transactions, private banks are trying to show the stick to the customer and forcing them to go digital. Consumers are very concerned with the cost of digital transactions and many of them have reported that merchants are still charging 2% additional for debit, credit or wallet transactions.”