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  Rate cut by banks imminent: Top bankers

  January 15, 2015 13:06 IST

  New Delhi: Welcoming RBI's decision to cut rates, top lenders SBI and ICICI Bank have said the much-awaited lowering of lending and deposit rates would “definitely” take place now.While refraining from giving any specific timeline

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  ICICI launches digital village project; adopts village in Gujarat

  January 04, 2015 17:06 IST

  New Delhi: Joining Prime Minister Narendra Modi's Digital India programme, top lender ICICI Bank has launched its own 'digital village' project while adopting an entire village in Gujarat to provide services ranging from cashless banking

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  ICICI Bank caps free transactions at own ATMs at five

  December 08, 2014 14:44 IST

  Mumbai: The country's largest private sector lender ICICI Bank has announced a hike in its ATM charges for savings account holders from January 1.Under the new method, the number of free transactions in a month

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  HDFC Bank, ICICI Bank cut fixed deposit rates

  December 04, 2014 16:22 IST

  New Delhi: The country's top two private banks—HDFC Bank Ltd and ICICI Bank Ltd—have cut interest rates on term deposits.ICICI Bank has lowered its deposit rates for customers within the Rs 1 crore bracket, for

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  ICICI Bank Q2 profit up 15% to Rs 2,709 crore, beats estimates

  October 30, 2014 15:35 IST

  New Delhi: ICICI Bank, India's biggest private sector lender, posted a 15 per cent rise in net profit for the second quarter, beating analysts' estimates, on higher lending and fee income.Net interest income, the difference

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  ICICI Bank acquires 5.15% stake in Hindustan Motors

  October 07, 2014 9:36 IST

  New Delhi: Private sector lender ICICI Bank has acquired a 5.15 per cent stake in Hindustan Motors as part of settlement with the cash strapped maker of the iconic Ambassador car.In a filing to the

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  ICICI Bank falls on worries about exposure to Jaiprakash group

  September 25, 2014 17:22 IST

  New Delhi: Shares of ICICI Bank fell 3.4 per cent due to bank's exposure to debt-laden Jaiprakash group which is worrying investors.Jaiprakash Power Ventures' deal to sell its hydropower business to Reliance Power (RPOL.NS) has

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  ICICI Bank launches savings account for minors above 10 years

  September 24, 2014 15:52 IST

  Mumbai: Private sector bank ICICI Bank on Wednesday launched a savings account for minors above 10 years of age.The account, which will be opened in the name of the minor, will offer a personalised cheque

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  ICICI Bank says 5% of total transactions done via mobile phone

  September 22, 2014 22:36 IST

  Mumbai: Amid reservations expressed by the Reserve Bank on slow pick-up of mobile banking, country's largest private lender ICICI Bank today said it is witnessing a huge growth in adoption and the stream now constitutes

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  ICICI Bank signs $1-bn agreement with China Exim Bank

  September 18, 2014 23:54 IST

  Mumbai: ICICI Bank Ltd, India's largest private sector bank, has signed a framework agreement with the Export-Import Bank of China (China Exim Bank) for $1 billion.Under this agreement, China Exim Bank will consider providing short-term

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  456 bank branches out of 739 operational in Kashmir, says RBI

  India | September 16, 2014 21:59 IST

  Jammu: The Reserve Bank today said 456 bank branches out of a total 739 and 377 ATMs out a total 896 were operational as on date in flood-ravaged Kashmir, which is limping back to normal.RBI,

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  ICICI Bank overtakes HDFC Bank as top private bank employer

  June 08, 2014 20:21 IST

  New Delhi: With addition of over 10,000 jobs last fiscal, ICICI Bank has overtaken rival HDFC Bank as the biggest employer in the private banking space with more than 72,000 employees. Incidentally, HDFC Bank saw its

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  ICICI Bank cuts home loan rates

  May 20, 2014 16:49 IST

  New Delhi: The country's largest private sector lender, ICICI Bank, has cut home loan rates for women and salaried individuals by 0.15 per cent and 0.1 per cent, respectively. Home loans up to Rs 75

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  India home to 54 of world's largest, most powerful companies

  May 08, 2014 18:20 IST

  New York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top

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  Market capitalisation: Reliance Industries, ONGC, ICICI Bank big gainers

  March 09, 2014 17:52 IST

  New Delhi: Tracking the extremely buoyant sentiment in the stock market, the combined market wealth of top seven BSE Sensex companies surged by a whopping Rs 97,394 crore last week. In the list of top-10

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  Bharti again dials overseas bond market; mops up 750 mn euro

  December 03, 2013 22:05 IST

  Mumbai: Bharti Airtel today mopped up euro 50 million from an international bond sale as it readies for he spectrum auction next month, merchant bankers said. The country's largest telecom firm raised the money at

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  FIIs reduce stakes in banks in July-Sept qtr

  October 16, 2013 23:59 IST

  Mumbai:  Concerns over inflation, hardening interest rates and asset quality have prompted FIIs to cut exposure in banking stocks such as ICICI Bank, HDFC Bank and SBI in the July-September quarter, say analysts.In the banking

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  Sensex drops 60 points as rate fears send bank stocks down

  October 15, 2013 19:11 IST

  Mumbai: The Sensex fell 60 points today, the first drop in six days, led by financial stocks after weak inflation data indicated the RBI would raise interest rates.  HDFC Bank, ICICI Bank, HDFC and State

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  Sensex up 14 points in choppy session as US shutdown continues

  October 04, 2013 17:58 IST

  Mumbai:  The Sensex rose 14 points to an almost two-week high today after a choppy session as talks on the US budget and debt limit continued without any indication of a resolution.The index, which was

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  Country has potential to become world's skill hub: Pallam Raju

  October 01, 2013 22:00 IST

  Mumbai: Union HRD Minister Pallam Raju today said the country has the potential to become global hub to supply skilled manpower due to its huge demographic advantage.“We have the potential to become the worldwide hub