ICICI Bank: News | Page 4

CBI files preliminary inquiry against Chanda Kochhar's husband, Videocon's chairman

The Central Bureau of Investigation (CBI) has ordered a preliminary inquiry into the alleged nexus between Deepak Kochhar (ICICI Bank CEO Chanda Kochhar's husband) and Videocon's chairman Venugopal Dhoot.

29 Mar 2018

Chanda Kochhar

ICICI's Chanda Kochhar, Videocon's Dhoot in nexus over Rs. 3,250cr-loan?

Another alleged banking scam has been unearthed, related to Chanda Kochhar led-ICICI and Venugopal Dhoot's Videocon.

24 Mar 2018

Anil Agarwal

Hindujas top UK's Richest British Asians list for fifth time

The Hinduja family has been named the UK's Richest British Asians for the fifth consecutive year, with an estimated £22bn net worth.

20 Mar 2018

Shillong

IIM Shillong completes 100% placement; top package at Rs. 26L

IIM Shillong has completed 100% placement for its Post Graduate Program in Management (PGPM) for 2017-18 batch.

09 Mar 2018

Bharti Airtel

Sensex rebounds 274 points, Nifty above 10,200-mark, seeing opening gains

Snapping their six-day losing streak, stocks staged a strong comeback in early trade today, with BSE Sensex rebounding by 274 points and Nifty recapturing the 10,200-mark on fresh buying by domestic institutional investors.

08 Mar 2018

India

International Women's Day: A look at some of Indian 'Sheroes'

Even today, few Indian woman are emancipated, educated, independent and doing what they want. But they wish to, and that's a big leap forward.

05 Mar 2018

India

PNB-scam: Anti-fraud agency summons ICICI's Chanda Kochhar, Axis' Shikha Sharma

The Rs. 12,650cr scam by Nirav Modi and his uncle Mehul Choksi in connivance with PNB employees might be the undoing of many other banks too.

05 Jan 2018

India

This Android malware has affected almost all Indian banking apps!

In India, banking apps are increasingly being used for carrying out Internet-enabled transactions conveniently. Almost every bank has a mobile app. But it looks like net banking isn't really safe in an era of increasing cybercrime.

26 Dec 2017

India

Government to NGOs: Open bank accounts before 21 January, 2018

In a bid to maintain transparency, the Ministry of Home Affairs has directed NGOs, businesses etc that receive foreign funding to open bank accounts within a month.

08 Dec 2017

India

ICICI Bank customers can now open PPF-account sitting at home

India's largest private bank ICICI Bank has introduced a fully-digital service to enable its customers to open a Public Provident Fund (PPF) online.

20 Nov 2017

India

SBI to integrate "Blockchain" for Smart Contracts, KYC next month

State Bank of India has announced that it would soon start using "Blockchain Technology" for its products.

16 Nov 2017

Paytm

Paytm now lets you borrow interest-free credit! Here's how.

Paytm has been expanding its range of services tremendously, and there's another new product in store.

02 Nov 2017

India

Forbes names Chanda Kochhar the most powerful woman in India

At number 32 on Forbes 2017 list of the world's 100 most powerful women, ICICI Bank CEO Chanda Kochhar has been named the most influential woman in India.

18 Sep 2017

India

Google Tez UPI-based payments app: All you need to know

Google has finally launched its UPI-based payments app in India, called Tez. This standalone app can be used to pay bills, movie tickets and for other online transactions.

06 Sep 2017

India

With Truecaller, you can scan numbers, access emergency helplines offline!

Truecaller will now let you scan phone numbers, including from billboards and street signs, and quickly save it to your contacts' list.

05 Sep 2017

India

HDFC gets 'too big to fail' status from RBI

In 2015, the Reserve Bank of India had classified the country's largest lender SBI and private sector major ICICI bank as D-SIB or domestic systemically important bank.

05 Sep 2017

India

SBI to launch SIA, its own chatbot!

India's largest public sector bank is gearing up to go hi-tech. Its new offering- SIA- is currently under beta-testing.

RBI cuts interest rates, loans to get cheaper

The RBI has cut repo rate by 25 basis points to 6%, the lowest in more than 6.5 years, during its policy review today.

22 Jul 2017

India

I-T tribunal indicts Roy, NDTV for money laundering Rs.642 crore

The Income Tax Appellate Tribunal (ITAT) indicted Prannoy Roy directly for the evasion and money laundering of Rs. 642cr.

20 Jul 2017

Business

ICICI Bank offers select customers instant loans through ATMs

ICICI Bank has a new offer for select customers: loans of up to Rs. 15L through its ATMs.

26 Jun 2017

India

SBI chief's salary is nothing compared to private bank counterparts

When former RBI governor Raghuram Rajan said that top talents shy away from PSBs due to lack of proper remuneration, he was not exaggerating.

02 Jun 2017

India

Truecaller beats Facebook, becomes 4th most downloaded app in India

Leading communication app Truecaller beat Facebook and became the fourth most downloaded app in India on PlayStore.

30 May 2017

India

ICAI to check if banks misreport bad loans

According to reports, Institute of Chartered Accountants of India (ICAI) has requested information pertaining to the bad-loan estimates provided by certain lenders and the central bank, from Reserve Bank of India.

23 Apr 2017

India

Guarding against ATM hacking

In 2016, India witnessed a massive financial data breach affecting thousands of customers.

07 Apr 2017

India

Urjit Patel disapproves of farm loan waivers

Reserve Bank of India Governor Urjit Patel has raised a red flag about state governments providing farm loan waivers.

05 Apr 2017

India

CM Adityanath waives off Rs. 36,359crore loan for UP farmers

Sticking to their promises, crop loans of upto Rs. 1 lakh were decided to be waived off by the BJP-led UP government.

21 Mar 2017

India

UP farm loan waiver could hit banks: Says SBI Report

A Report released by State Bank of India (SBI) noted that carrying out the promised farm loan waiver in UP could cost banks a whopping Rs. 27,420 crore.

13 Mar 2017

India

ICICI, SBI top bank fraud list

Data from the RBI has revealed that ICICI bank had the maximum number of bank-fraud related cases between April-December 2016. SBI came in second.

28 Feb 2017

India

Rosneft deal: Essar and IDFC Alternatives reach an agreement

Essar Group and private equity fund IDFC Alternatives have agreed to end a proceeding that threatened to delay the $12.9 billion Essar-Rosneft deal.

Banking security breach: Hitachi Payments Services accepts mistake

Hitachi Payments Services accepted that its systems were compromised in mid-2016 due to a sophisticated malware.

07 Feb 2017

India

Govt reduces stakes in ITC by 2%

The government divested 2 percent of its stake held in FMCG giant ITC through the Specified Undertaking of the Unit Trust of India (SUUTI).

PhonePe stops UPI payments on Flipkart

Payment services firm PhonePe has issued a temporary halt to all UPI payments on Flipkart's Android application.

ICICI-PhonePe tussle: ICICI defies NPCI's directive

After a week-long tussle with Flipkart-owned PhonePe payments app, ICICI Bank has now defied a directive of National Payments Corporation of India (NPCI).

15 Jan 2017

NITI Aayog

45 people become lakhpatis under NPCI schemes

The Centre revealed that its incentives of announcing lucky draws to encourage electronic payments had already made 45 people 'lakhpatis'.

11 Jan 2017

India

The story of the security team behind the BHIM app

The Bharat Interface for Money (BHIM) app was launched on 30th December, 2016 by the National Payments Corporation of India (NPCI).

02 Nov 2016

India

SBI slashes home loan rates: Cheapest in the market

Bringing much cheer to India's home loan borrowers, the State Bank of India (SBI) slashed their interest rates by 0.15 percent, reports said.

Security breach: RBI to take action against bank of origin

The RBI stated that it will initiate action against the bank where the recently disclosed debit card security breach originated; RBI is currently conducting an investigation into the breach.

RBI to issue debit card security guidelines

The Reserve Bank of India is set to issue a set of stringent security guidelines for the use of debit cards.

21 Oct 2016

India

Essar-Rosneft deal unlikely to attract capital gains tax

Senior officials from the Income Tax department said that the Essar-Rosneft deal is unlikely to attract capital gains tax due to bilateral treaty with Mauritius.

Finance Ministry reassures that 99.5% debit cards safe

The Finance Ministry has reassured the public that 99.5% of debit cards are safe and only a few were compromised in the recent security breach.

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