Bank strike on August 22: Banking operations likely to be affected
Most banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.
Aug 21, 2017, 09:31 AM IST
Banks stare at union strike on Tuesday, services may be hit
Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU have threatened to go on strike against the government's proposed consolidation move besides raising a host of other demands.
Aug 20, 2017, 10:45 AM IST
Now, an instant credit card against your savings account
Ahead of the festive season, ICICI Bank on Wenesday introduced an instant credit card which can be availed online and helps a customer to start shopping even before the plastic card gets delivered.
Aug 09, 2017, 16:22 PM IST
Sebi forms panel to study fintech solutions for capital markets
The panel would study the framework for regulatory sandbox in market conditions to facilitate adoption of fintech and promote financial innovations.
Aug 03, 2017, 14:14 PM IST
India Inc pay gap: CEOs earn up to 1,200-times of average staff
An analysis of remuneration disclosures made by top listed companies forming part of the blue-chip index Sensex -under directions of the capital markets regulator Sebi -shows that the pay packages of senior-most personnel such as CEOs and executive chairmen continue to remain high and rose further at most private sector firms during 2016-17.
Jul 23, 2017, 14:45 PM IST
ICICI Bank to sell stake in general insurance JV
Private player ICICI Bank on Monday said it will sell a part of its stake in joint-venture firm ICICI Lombard General Insurance Company Ltd through an Initial Public Offer.
Jun 05, 2017, 16:49 PM IST
Now, HDFC too matches SBI, ICICI's rates, lowers to 8.35%
Pureplay mortage player HDFC on Monday followed suit of its rivals and lowered new low-cost home loan prices by 15 bps to 8.35 percent for women borrowers and by 10 bps for men, thereby matching the rates offered by SBI last week and ICICI Bank earlier in the day.
May 15, 2017, 20:14 PM IST
ICICI Bank Q4 net profit jumps to over Rs 2,024 crore
Country's largest private sector lender ICICI Bank on Tuesday reported manifold jump in standalone net profit to Rs 2,024.64 crore for the quarter ended March 31.
May 03, 2017, 19:21 PM IST
Pay Rs 150 after 4 cash transactions at HDFC Bank, ICICI Bank and Axis Bank: All you need to know
Banks including HDFC Bank, ICICI Bank and Axis Bank have begun charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.
Mar 02, 2017, 10:47 AM IST
HDFC, ICICI and other banks start charging Rs 150 after four free transactions a month
In a bid to discourage cash transactions, from March 1, customers carrying out financial transactions at HDFC, ICICI and certain other bank branches will have to pay a fee if the number of transactions exceed beyond four.
Mar 01, 2017, 23:59 PM IST
Demonetisation: Janata Dal (U) gives suspension of business notice as parties gear up for war in Parliament
Janata Dal United on Tuesday gave a notice for suspension of all listed business in Rajya Sabha over what it called the ''unplanned demonetisation'' by the Narendra Modi government at the Centre which has made the life of common man miserable due to acute shortage of cash.
Nov 15, 2016, 09:21 AM IST
Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'
As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.
Nov 12, 2016, 11:45 AM IST
Good news for home buyers: SBI cuts home loan rate; ICICI offers overdraft
To cash in on the festive fervour, banks including SBI and ICICI have unveiled a host of benefits such as reduction in rates, waiver of processing fee and overdraft facility.
Nov 02, 2016, 15:10 PM IST
Data fraud: Irdai takes guard, readies cyber security shield
In the wake of the recent data breach involving the banking system, insurance regulator Irdai is in the process of setting up a cyber security framework to thwart any such incident in future.
Nov 01, 2016, 16:11 PM IST
Debit card data fraud: What waits ahead for the banks?
The Finance Ministry has asked various agencies, including the Reserve Bank of India, which are looking into the largest banking security breach involving over 32 lakh debit cards to submit their report in 10 days.
Oct 23, 2016, 23:43 PM IST
Banks looking at 'resolution' of Rs 1.5 lakh crore worth stressed assets in coming months
Enthused by speedy recovery of loans worth USD 2.5 billion by three lenders including ICICI Bank within days of mega USD 13-billion Essar deal, banks are now looking at resolution of stressed assets totalling Rs 1.25-1.50 lakh crore (nearly USD 20 billion) in coming months.
Oct 23, 2016, 17:38 PM IST
ICICI Pru IPO closes on high note; oversubscribed 10.5 times
Generating robust demand from investors, ICICI Prudential Life Insurance's Rs 6,057-crore IPO, the first by an insurer in India, today closed with over 10-time subscription for shares offered to public.
Sep 22, 2016, 00:35 AM IST
ICICI Bank deploys ''software robots'' to perform banking operations
The country`s largest private lender ICICI Bank here on Thursday became the first bank in India to deploy `software robots, that emulate human action, in its over 200 business processes, thereby reducing the response time to customers by up to 60 percent.
Sep 08, 2016, 13:43 PM IST
ICICI Bank reduces MCLR by 0.05%
Country's largest private sector lender ICICI Bank on Monday announced a 0.05 per cent reduction in its marginal cost of funds based lending rate (MCLR).
Aug 01, 2016, 15:13 PM IST
ICICI Lombard raises Rs 485-crore through NCDs
ICICI Lombard General Insurance, a private sector non-life insurer, today said it has raised Rs 485 crore through private placement of redeemable non-convertible debentures (NCDs).
Aug 01, 2016, 14:58 PM IST
