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
New Delhi: ICICI Bank Ltd, India's largest private sector lender, has reported 9 per cent rise in net profit on consolidated basis at Rs 2,724 crore for the January-March quarter.It had posted Rs 2,492 crore
Mumbai: The country's largest private sector lender ICICI Bank on Saturday said it is targeting to more than double its cumulative disbursements to women self help groups (SHGs) to Rs 2,500 crore by the end
Mumbai: Stocks plummeted to multi-week lows on across the board sell-off as concerns about macroeconomic woes amid growing worries over a looming US government shutdown frayed nerves of investors.The 50-share Nifty plunged by a massive
New Delhi: Development financial institutions (DFIs) have lost their relevance in the present financial system in India and across the globe, RBI Deputy Governor K C Chakravarty said on Saturday."DFIs played an important role in
Mumbai: Falling for the second day, the BSE benchmark Sensex today ended about 363 points lower at 19,900.96 as investors continued to unwind positions in banking, realty and capital goods stocks on heightened fears that
MUMBAI: State-owned India Infrastructure Finance Company Ltd (IIFCL) has sought the market regulator SEBI's approval to raise up to Rs 8,171 crore through tax-free bonds.“Public issue by IIFCL tax-free, secured, redeemable, non-convertible bonds in the
New Delhi, May 28: Income Tax department has issued notices to three top private lenders in the country - ICICI Bank, Axis Bank and HDFC Bank - in connection with alleged money laundering charges levelled
New Delhi, July 11: Dismissing concerns of rising bad loans, ICICI Bank Managing Director and CEO Chanda Kochhar today said that banking sector unlikely to witness any substantial shocks on account of NPAs and the
New Delhi, Jun 20: Global agency Fitch today cut credit rating outlook to negative from stable of 11 financial entities including SBI , ICICI Bank , PNB and Axis Bank . The action follows the
Mumbai, Aug 18: India's largest private lender ICICI Bank today launched two home loan products, which give borrowers the option of having a fixed interest rate for up to the first two years of a
New Delhi, Jul 14: EPFO today decided to appoint four fund managers including SBI and ICICI Securities to managing its corpus of Rs 3.5 lakh crore for three years beginning September 1, 2011.Besides SBI and
New Delhi, Jul 14: A bank is bound to inform the consumer well in advance before blocking his credit card, a district consumer forum has held while directing the ICICI bank to pay a compensation
New Delhi, July 1: The country largest private sector lender, ICICI Bank, today announced a hike of 25 basis points in its lending rate to 9.50 per cent effective from Monday.“ICICI Bank has announced an
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