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ICICI Bank’s net profit reduces by 4.99% in Q4 of FY19

ICICI Bank’s recently announced that its net profit reduced by 4.99% to a sum of Rs.969.06 crore in the fourth quarter of FY19 from...

ICICI Bank reduces its lending rates across different loan tenures

With the Reserve Bank of India reducing the repo rate to 6.25% in February 2019, ICICI Bank has now reduced the MCLR (marginal cost...

ICICI Bank launches 2 online home loan products with instant disbursal...

ICICI Bank, a leading private sector lender, recently announced that it has launched two home loan products with instant disbursal facility. The lender said customers can...

Paytm’s parent company pledges its assets to borrow funds from ICICI...

One97 Communications, which is the parent company of Paytm, has recently pledged all of its mutual fund investments and current assets to ICICI Bank. This will...

ICICI Bank third-quarter net profit drops 3%

ICICI Bank’s net profit dropped by 2.7% to Rs.1,604.91 crore for the third quarter which ended December as compared to Rs.1,650 crore profit it...

ICICI Bank rolls out new premium savings account with a host...

Called ‘the One’, ICICI Bank announced that they have rolled out a new premium savings account for their customers, which will give account holders...

ICICI Bank launches instant online credit facility called PayLater

ICICI Bank has recently introduced an instant online credit facility to help customers pay for small ticket items instantly in a paperless and digital...

RBI approves appointment of Sandeep Bakshi as the new MD and...

The Reserve Bank of India has given ICICI Bank the approval to appoint Sandeep Bakshi as its new Chief Executive Officer (CEO) and Managing...

Banks collect more than Rs.11,000 crore over the last four years...

According to the Lok Sabha, banks across the country, 21 private sector banks and 3 public sector banks, have collected Rs.11,528 crore as penalty...

SBI, ICICI Bank increase loan interest rates

Repaying a loan could become an expensive affair, with two of the largest banks in India, SBI and ICICI Bank hiking their home loan...