ICICI Bank

  • Sensex at record high of 21,337.67; pharma, metal shares gain 22-01-2014 09:09 AM

    Mumbai: The BSE benchmark index Sensex on Wednesday closed at record high of 21,337.67 points gaining 86.55 points as buying emerged in pharma, metal and banking stocks on expectations of strong corporate earnings and rate cut by the Reserve Bank. The 30-share barometer, which rose for the third straight day,...
  • Sensex falls 37 points in the third day of losses; IT stocks shine 03-01-2014 09:30 AM

    Mumbai: After dropping 157 points in early trade amid weak global cues, the Sensex on Friday recouped some losses in the latter half on the back of continued strength in IT stocks to end the day with a 37-point fall. Selling in bluechips led by auto sector on reports of...
  • ICICI Bank launches 'branch on wheels' 06-09-2013 10:06 AM

    Mumbai: As part of its financial inclusion initiative, ICICI Bank on claimed to have become the first private sector lender to launch a 'branch-on-wheels' drive and will have five more such facilities in three states in 2013.. Maharashtra Chief Minister Prithviraj Chavan launched the branch-on-wheel in the sugar hub of...
  • ICICI Bank raises base rate by 0.25 per cent to 10% 22-08-2013 07:32 PM

    Mumbai: ICICI Bank, the country's largest private sector lender, on Thursday increased its lending rate by 0.25 per cent to 10 per cent with effect from Friday. The bank also effected a similar hike in its prime lending rates, which will be applicable to existing customers who are on the...
  • Delhi Police arrests con man for credit card frauds 15-07-2013 10:30 AM

    New Delhi: A con man from Maharashtra who cheated ICICI Bank customers by obtaining their credit card data has fallen into the Delhi Police net after illegal online transactions of over Rs 1 crore in the past one year, said an official on Sunday. Raju Tevar was arrested last week...
  • Some truth in Cobrapost expose, will take action: RBI 30-05-2013 11:20 PM

    Ahmedabad: There is "some truth" in Cobrapost's allegations of wrong doings by banks and RBI has issued notices to their managements, central bank Governor D Subbarao said on Thursday. "We have done study of those banks, investigated them ... We have done a larger study of those banks and we...
  • I-T dept issues notices to ICICI, Axis, HDFC banks 28-05-2013 09:59 PM

    New Delhi: 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 by online portal Cobrapost. The department has asked these banks to produce documents for verification as part...
  • RBI probes Cobrapost report, reveals major violations by banks 13-05-2013 01:14 PM

    New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs,...
  • Difficult to cut interest rates soon: Banks 03-05-2013 03:03 PM

    Mumbai/ New Delhi: Big banks say it will be difficult for them to pass on the benefit to customers even though the Reserve Bank of India (RBI) cut repo rate by 25 basis points on Friday even though the cash reserve ratio was left untouched. The banks say RBI's move...
  • HDFC Bank Q4 net profit up 30 pc, meets forecast 23-04-2013 03:50 PM

    Mumbai: HDFC Bank Ltd, India's No.3 lender by loan value, met forecasts with a 30 per cent rise in quarterly profit on Tuesday led by higher loan growth, fee income and stable asset quality. Mumbai-based HDFC Bank, which has posted profit growth of more than 30 per cent every year...
  • Sensex ends up, bank shares lead 26-12-2012 04:26 PM

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  • ICICI Bank Q2 net profit up 20 pc at Rs 2,390 cr 26-10-2012 01:51 PM

    Mumbai: The country's largest private sector bank ICICI on Friday reported 20 per cent rise in consolidated net profit at Rs 2,390.37 crore for the second quarter ended September 30. The bank's net profit in the same period last fiscal was Rs 1,991.68 crore. The total income in the July-September...
  • Friday farewell: Murthy logs out of Infosys 20-08-2011 09:34 AM

    Bangalore: NR Narayana Murthy on Friday stepped down as Chairman of Infosys, bringing the curtains down on his 30-years of illustrious innings at the helm, even as he sought to inspire the new leadership team and the employees to take the company to greater heights. At the farewell ceremony at...
  • ICICI raises benchmark lending rate by 50 bps 12-08-2011 01:29 AM

    Mumbai: ICICI Bank, India's second-largest lender, said on Thursday it would raise its benchmark lending rate, or base rate, by 50 basis points to 10 per cent with effect from Saturday. State Bank of India , the country's top lender, also announced an increase of 50 basis points in base...
  • ICICI net up 30 pct, slightly below estimates 29-07-2011 02:07 PM

    Mumbai: ICICI Bank, India's second-largest lender, posted a 30 per cent rise in quarterly profit, slightly below estimates, as strong credit growth and lower provisions for bad loans were offset by higher expenditure. ICICI, also listed in New York, said net profit in April-June rose to 13.32 billion rupees ($302...
  • Court directs ICICI bank to pay fine of Rs 5,000 24-07-2011 09:51 AM

    New Delhi: A Delhi court has imposed a fine of Rs 5,000 on ICICI bank for forcibly taking away motorbike of a person for not paying a loan installment in time, observing that "show of muscle power" cannot be allowed in a country ruled by law. Imposing fine on the...
  • 30 corporate honchos get Rs 1 crore-plus salary 29-05-2011 11:11 AM

    New Delhi: Mukesh Ambani has got the company of at least 29 fellow corporate executives, including four from his own group Reliance Industries, in terms of annual salaries running into crores of rupees for the latest fiscal. These include JSW Energy's Sajjan Jindal, Hindustan Construction's Ajit Gulabchand, Raymond's Gautam Hari...