Now, ATM cheque dropbox becomes sitting duck 

Recent theft came to light after 3 cheques were tampered with and produced at various banks in Palarivattom, Thrikkakara, Kakkanad

published on : 1st December 2022

ICICI, Kotak shine in Q2; Yes Bank profit dips

Beating street estimates, two of India’s private lenders - ICICI Bank and Kotak Mahindra Bank - reported robust numbers for the September-ended quarter (Q2FY23).

published on : 23rd October 2022

Six merchant bankers in fray for govt's HZL stake sale; to make presentation on Aug 12

Currently, Vedanta Ltd holds 64.92 per cent in HZL, while the government holds 29.53 per cent. Only a 5.5 per cent stake is with the public.

published on : 11th August 2022

 Salary account scam in Telangana: Four arrested for duping ICICI Bank of Rs 1.3 crore

Police found that five persons were involved in the fraud. One among the gang, Yadla Bhiksapati, died recently.

published on : 11th August 2022

ICICI Bank reports 50 per cent jump in Q1 net profit

Provisions during the quarter saw a 60% year-on-year decline to Rs 1,144 crore against Rs 2,852 crore during the same period the previous year.

published on : 24th July 2022

ICICI Lombard net profit jumps 80 pc to Rs 349 crore in June quarter

ICICI Lombard offers motor, health, crop, fire, personal accident, marine, engineering and liability insurance.

published on : 20th July 2022

Relief for consumers as companies pause price hikes 

The brokerage firm also expects the profitability margins of organised peers to be better than consensus estimates in H2FY23.

published on : 12th July 2022

Private sector banks to provide financial services in overseas procurement by Defence Ministry

Till now, only authorised public sector banks were utilised to provide services like issuance of letter of credit and direct bank transfers to the ministry for overseas procurement.

published on : 7th July 2022

Financial services, IT bear brunt of FII selling in stocks

Among consumer durables, Dixon Technologies and TTK Prestige corrected 11% each during the fortnight under review.

published on : 5th July 2022

ICICI Lombard to settle insurance claims of up to Rs 5 lakh by MSMEs within 10 days

ICICI Lombard said that the claims settlement process is a first-of-its-kind service to enable faster claim settlement for MSMEs and startups.

published on : 27th June 2022

Dairy firms may raise prices again 

Heatwave, higher global skimmed milk powder (SMP) prices, as well as inflation in cattle feed prices, are the key reasons for higher milk prices, the brokerage said in a note on Friday.

published on : 11th June 2022

Banks lending rates up, Kotak Mahindra Bank hikes deposit rate 

Hours after RBI hiked rates at which it lends to commercial banks, the ICICI Bank, Bank of India and Federal Bank raised their EMIs on floating rate home loans with immediate effect.

published on : 10th June 2022

LIC investors lose Rs 94,116 crore crore as stock falls

LIC m-cap fell to Rs 5,06, 158 crore (Friday closing) against m-cap of Rs 6,00,242 crore based on the upper end of IPO price.

published on : 4th June 2022

Home loans, EMIs get dearer days ahead of RBI MPC meet

PNB and ICICI Bank have raised their internal benchmark or marginal cost of fund-based lending rate (MCLR) by 15 basis points (bps) and 30 bps each effective June 1.

published on : 2nd June 2022

Sensex halts 3-day decline rebounds over 500 points amid F&O expiry

Along similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.

published on : 26th May 2022

ICICI Bank ties up with Santander for India-UK business ease 

The partnership is aimed at serving the banking needs of the corporate ecosystem in the growing UK-India corridor, the banking executive noted.

published on : 10th May 2022

ICICI Bank stock jumps nearly 1 per cent after earnings

The stock went up by 0.73 per cent to settle at Rs 752.80 on the BSE. During the day, it jumped 1.98 per cent to Rs 762.20. At the NSE, it gained 0.97 per cent to settle at Rs 754.95.

published on : 25th April 2022

Aditya Birla Capital appoints ICICI Bank veteran Vishakha Mulye as CEO

Mulye, who was the executive director of ICICI Bank in charge of the wholesale banking portfolio, will take over her role on June 1.

published on : 24th April 2022

ICICI Bank Q4 net profit surges by 59 per cent to Rs 7,019 crore

The bank's asset quality improved as the gross non-performing assets fell to 3.60 per cent of the gross advances as of March 31, 2022, from 4.96 per cent in the corresponding period a year ago.

published on : 23rd April 2022

ICICI Bank, GIFT SEZ join hands to promote GIFT SEZ to Indian, global businesses

GIFT SEZ is the country's first International Financial Services Centre (IFSC) which is being developed as a global financial services hub.

published on : 13th April 2022
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