ICICI Bank market value tops Rs 5 trillion; rises 35 per cent this year
September 02, 2021 8:59 ISTICICI Bank Share Price, Market Value: The market value of ICICI Bank crossed the Rs 5 trillion mark on Wednesday.
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.
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.
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.
The RBI on Tuesday said state-owned SBI, along with private-sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions that are 'too big to fail'.
HDFC, ICICI, SBI, Yes Bank, PNB, HSBC Bank, Kotak Mahindra Bank, Bank of Baroda, Deutsche Bank and IDBI are the top-10 banks of 2020.
After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.
The sale will be done through offer for sale (OFS) through the stock exchange mechanism.
Claiming it to be a first-of-its-kind facility, the ICICI bank said the 'iMobile Pay' app also provides interoperability as customers no longer have to remember the UPI IDs of their contacts and can transfer money across payment apps and wallets.
The Supreme Court Tuesday rejected the appeal filed by Chanda Kochhar against the Bombay High Court order which had dismissed her plea against being removed as the managing director and CEO of ICICI Bank. “Sorry, we are not inclined to interfere with the high court order,” a bench headed by Justice Sanjay Kishan Kaul said.
Lending major ICICI Bank on Thursday launched India's first banking programme for millennial customers, in the age bracket of 18 years to 35 years.
Shares of ICICI Bank on Monday jumped nearly 6 per cent after the company reported an over four-fold jump in consolidated net profit for September quarter.
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