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Tag: icici bank

Business / News Update

Visa, ICICI Bank tie-up to aid fintechs

November 23, 2020 - by IANS

Mumbai:  Digital payments major Visa on Monday announced a collaboration with ICICI Bank on its ‘Visa in a Box’ programme for fintech acceleration. Through this collaboration, fintechs can access APIs …

Visa, ICICI Bank tie-up to aid fintechs Read More
National / News Update

ED arrests Chanda Kochhar’s husband Deepak in Rs 1,730 cr ICICI loan case

September 7, 2020 - by IANS

New Delhi/Mumbai: In a major action, the Enforcement Directorate (ED) on Monday arrested Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in connection with the ICICI Bank loan case. …

ED arrests Chanda Kochhar’s husband Deepak in Rs 1,730 cr ICICI loan case Read More
National / News Update

ICICI Bank sells 2% stake in ICICI Securities to meet norms

August 28, 2020 - by IANS

Mumbai:  ICICI Bank has sold 2 per cent stake in ICICI Securities for around Rs 310 crore through open market sale in a step towards meeting the minimum public shareholding …

ICICI Bank sells 2% stake in ICICI Securities to meet norms Read More
Business / News Update

Chinese central bank investment in ICICI Bank raises eyebrows

August 18, 2020August 18, 2020 - by IANS

New Delhi: After the disclosure of a holding in HDFC, the Chinese central bank Peoples Bank of China has now acquired an equity stake in ICICI Bank. The government had …

Chinese central bank investment in ICICI Bank raises eyebrows Read More
Business / News Update

Government of Singapore increases stake in ICICI Bank

August 16, 2020 - by IANS

Mumbai:  The Government of Singapore has increased its stake in ICICI Bank as it took up 11.08 per cent stake in the latest qualified institutional placement (QIP) of the bank’s …

Government of Singapore increases stake in ICICI Bank Read More
Business / National / News Update

ICICI Bank’s Q1FY21 net profit rises 36% to Rs 2,599 cr

July 25, 2020 - by IANS

Mumbai: Private sector lending major ICICI Bank on Saturday reported a 36 per cent growth in standalone net profit of Rs 2,599 crore for the first quarter of 2020-21. The bank …

ICICI Bank’s Q1FY21 net profit rises 36% to Rs 2,599 cr Read More
India's forex reserves decline by over $3 billion
Business / National / News Update

Markets open in negative

July 22, 2020 - by IANS

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE opened at 38,178.07 and touched a …

Markets open in negative Read More
Business / National / News Update

ICICI Bank’s board to mull raising funds on July 8

July 5, 2020 - by IANS

New Delhi: The Board of Directors of ICICI Bank will meet on Wednesday, July 8 to consider raising funds through equity shares or equity-linked securities. The board will discuss and consider …

ICICI Bank’s board to mull raising funds on July 8 Read More
Business / News Update

ICICI Bank’s $3 bn capital raised to target growth

June 25, 2020 - by IANS

New Delhi:  A potential capital raise of $3 billion by ICICI Bank could be tofurther improve its margin of safety and to be better prepared to capitalize on potential growth …

ICICI Bank’s $3 bn capital raised to target growth Read More
Business / News Update

ICICI Bank sells 1.5% stake in ICICI Prudential for Rs 840 cr

June 22, 2020 - by IANS

New Delhi:  ICICI Bank on Monday said that it has sold 1.5 per cent share in ICICI Prudential Life Insurance Company Ltd for Rs 840 crore. The development comes just …

ICICI Bank sells 1.5% stake in ICICI Prudential for Rs 840 cr Read More

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