ICICI Bank shuts down operations in Sri Lanka

The Monetary Board of the Central Bank of Sri Lanka, having considered the request made by ICICI Bank, has granted approval to close down.

published on : 24th October 2020

Deepak Kochhar withdraws plea in Delhi HC to quash FIR in money laundering case

The Enforcement Directorate, represented through Central government standing counsel Amit Mahajan, filed a status report raising preliminary objection on the maintainability of the petition.

published on : 14th October 2020

HC asks ED to respond to Deepak Kochhar's plea to quash FIR in money laundering case

Senior advocate Mukul Rohatgi, appearing for Kochhar, sought quashing of ECIR registered by the ED saying it was bad in law and that Kochhar was not informed about the grounds of arrest in writing.

published on : 8th October 2020

HC declines to entertain Deepak Kochhar's plea to be shifted to a private hospital

Kochhar, presently admitted at the National Cancer Institute (NCI) run by AIIMS at Jhajjar in Haryana, wanted to be shifted to a private hosopital.

published on : 18th September 2020

ICICI Bank launches dedicated offering for start-ups

The bank already had an offering for start-ups that also included a current account. Other lenders also have dedicated accounts for the start-ups.

published on : 10th September 2020

ICICI Bank-Videocon case: ED gets custody of Deepak Kochhar till September 19

ED initiated an investigation after registering a case under PMLA on the basis of FIR for illegal sanctioning loans amounting to Rs 1,875 crore to Videocon Group of companies.

published on : 8th September 2020

ED arrests former ICICI Bank CEO Chanda Kochhar's husband in money laundering case

They said Deepak Kochhar was arrested by the agency in Mumbai under sections of the Prevention of Money Laundering Act (PMLA).

published on : 7th September 2020

ICICI Bank sells two per cent stake in brokerage subsidiary I-Sec

Earlier on Wednesday, the board of directors of ICICI Bank had approved the sale of shares in the subsidiary to comply with the minimum public float requirement.

published on : 29th August 2020

ICICI Bank raises stake in India International Exchange to 9.9 per cent

ICICI Bank recently raised about Rs 15,000 crore through the issuance of 41.89 crore equity shares at an issue price of Rs 358 per unit.

published on : 21st August 2020

People’s Bank of China picks up minor stake in ICICI bank for Rs 15 crore

In March, the Chinese bank increased its stake in home loan lender HDFC Ltd to over 1 per cent, creating a flutter in the Indian market.

published on : 18th August 2020

ICICI Bank closes QIP; garners Rs 15,000 crore from share sale

During the share sale, Monetary Authority of Singapore picked up 4.6 crore shares, representing 11.06 per cent of the QIP size.

published on : 15th August 2020

Stake sales aid ICICI Bank, Q1 net profit jumps 36 per cent

The sale resulted in net gain of Rs 3,036.29 crore in standalone financial results and Rs 2,715.87 crore in consolidated financial results for Q1FY21.

published on : 26th July 2020

ICICI Bank sells 1.5 per cent stake in life insurance arm for Rs 840 crore

While announcing its results for 2019-20 on May 9, ICICI Bank had said it would look at further strengthening the balance sheet as opportunities arise.

published on : 22nd June 2020

ICICI Bank divests stake in ICICI Lombard for Rs 2,250 crore

While announcing its results for the quarter ended March 2020 on May 9, 2020, the bank had stated that it would look at further strengthening the balance sheet as opportunities arise.

published on : 19th June 2020

Sensex rallies over 900 pts in opening session; Nifty tops 9,800

After touching a high of 33,334.96 in opening session, the 30-share index was trading 859.14 points or 2.65 per cent higher at 33,283.24.

published on : 1st June 2020
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