Home loan EMIs to go up as HDFC hikes interest rate; ICICI Bank, PNB increase MCLR
Business | June 01, 2022 17:12 ISTThe upward revision in interest rates by HDFC, PNB and ICICI Bank follow an off-cycle rate increase by the Reserve Bank in May.
The upward revision in interest rates by HDFC, PNB and ICICI Bank follow an off-cycle rate increase by the Reserve Bank in May.
The Reserve Bank on Wednesday announced to hike the benchmark repo rate -- the short term lending rate it charges to banks -- by 0.40 per cent to 4.40 per cent with immediate effect.
Amazon India announces the ‘Great Republic Day Sale’ kickstarting from January 17 to January 20. Prime members of Amazon can avail the offers and discount a day prior to the official announcement.
Amazon India has finally announced Smartphone and TV upgrade sale- an year-end sale, which will last till December 31, 2021. The sale offers number of deals on mobile phones including Redmi, OnePlus series and Samsung Galaxy handsets.
In the case of the ICICI Bank, the RBI said the statutory inspection for supervisory evaluation of the bank was conducted by it with reference to its financial position as of March 31, 2019.
Irdai said it grants final approval for demerger of general insurance business of Bharti AXA General Insurance Co Ltd to ICICI Lombard General Insurance Co Ltd by way of scheme of arrangement.
ICICI Bank Share Price, Market Value: The market value of ICICI Bank crossed the Rs 5 trillion mark on Wednesday.
The accused had taken a loan of Rs 1 crore and in order to repay the amount, he conspired to loot the bank.
ICICI Bank said that these changes in service charges will come in effect from August 1, 2021.
The Delhi Police's Cyber Crime Branch on Tuesday said that it is working to get blocked the fake login page of ICICI Bank which was trying to get details of the customers, and also warned people not to share information without verification.
A penalty of Rs 3 crore has been imposed on ICICI Bank Ltd for contravention of certain directions, the Reserve Bank of India said on Monday.
Equity benchmark indices remained bullish despite trimming some early gains on April 26 following some reports that India's second wave of coronavirus will peak soon. The BSE SandP Sensex closed 508 points or 1.06 per cent higher at 48,387 while the Nifty 50 ticked up by 144 points or 1 per cent to 14,485.
Equity benchmark indices gained nearly one per cent on Wednesday as the Reserve Bank of India kept repo rate unchanged at 4 per cent and maintained 10.5 per cent growth projection for FY22.
The Bombay High Court has granted bail to businessman Deepak Kochhar, husband of ex-ICICI Bank CEO Chanda Kochhar, in the ICICI Bank-Videocon loan case.
State Bank of India, ICICI, HDFC, Axis Bank and Punjab National Bank (PNB) customers have been warned about a serious security flaw.
Lending major ICICI Bank reduced its home loan interest rate to 6.70 per cent. For loans above Rs 75 lakh, interest rates are pegged at 6.75 per cent onwards.
ICICI Bank was the top gainer in the Sensex pack, rising over 2 per cent, followed by Axis Bank, Infosys, HDFC twins, Bajaj Finserv and SBI.
Former ICICI Bank CEO and MD Chanda Kochhar was granted bail by a special PMLA court.
The accused had opened, at least, 10 fake accounts in various banks including the Axis Bank, ICICI, IDBI, and IndusInd bank and applied for loans in HDFC Bank and Bajaj Finance.
Shares of ICICI Bank zoomed nearly 6 per cent on Monday after the company reported a 17.73 per cent jump in its December quarter consolidated net profit.
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