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

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

🕔12:59, 25.Jun 2020

New Delhi, June 25  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 opportunities. According to a research report by Morgan

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

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

🕔17:11, 22.Jun 2020

New Delhi, June 22 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 days after the bank sold 3.6 per cent stake

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ICICI Bank sells 3.6% stake in ICICI Lombard for Rs 2,250 cr

ICICI Bank sells 3.6% stake in ICICI Lombard for Rs 2,250 cr

🕔13:25, 19.Jun 2020

Mumbai, June 19  ICICI Bank on Friday sold 3.6 per cent stake in ICICI Lombard General Insurance Company for around Rs 2,250 crore. The development comes after the bank, while announcing its January-March quarterly results in May, had said that

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ICICI Bank’s Q4FY20 standalone net profit up 26%

ICICI Bank’s Q4FY20 standalone net profit up 26%

🕔08:18, 10.May 2020

Mumbai, May 10  Private sector lender ICICI Bank on Saturday reported a 26 per cent year-on-year rise in its standalone net profit for the fourth quarter of 2019-20. According to the bank, its net profit during the quarter under review

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Taking steps to protect our interests: ICICI Bank on Hin Leong exposure

Taking steps to protect our interests: ICICI Bank on Hin Leong exposure

🕔18:39, 21.Apr 2020

Mumbai, April 21  Confirming its exposure in the debt-ridden Singaporean company Hin Leong Trading, ICICI Bank on Tuesday said that it is taking the required steps to protect its interests. In a regulatory filing, the bank also said that it

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Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr

Six pvt banks join SBI to rescue Yes Bank; Federal Bank commits Rs 300 cr

🕔09:40, 15.Mar 2020

Mumbai, March 14 As the government on Saturday notified the reconstruction scheme for Yes Bank, major private banks have come out with investment commitments for the crisis-hit bank. Federal Bank on Saturday announced that it would invest Rs 300 crore

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ICICI Bank board okays Rs 1,000 cr investment in Yes bank

ICICI Bank board okays Rs 1,000 cr investment in Yes bank

🕔21:37, 13.Mar 2020

Mumbai, March 13  ICICI Bank on Friday said its Board of Directors has approved an investment of up to Rs 1,000 crore in equity shares of Yes bank. With this development, ICICI Bank becomes the first private sector lender to

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Union Cabinet approves Yes Bank reconstruction scheme

Union Cabinet approves Yes Bank reconstruction scheme

🕔16:46, 13.Mar 2020

SBI to invest in 49 % stakes, ICICI bank to invest 100 cr & HDFC board also investing New Delhi, March 13 The Union Cabinet on Friday approved a reconstruction plan for cash-strapped Yes Bank, under which the State Bank

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ICICI Bank’s Q2 net profit down 28% to Rs 655 cr

ICICI Bank’s Q2 net profit down 28% to Rs 655 cr

🕔06:59, 28.Oct 2019

Mumbai, Oct 28  Private sector lending major ICICI Bank on Saturday reported a 27.94 per cent decline in its standalone net profit for the second quarter of 2019-20, due to higher tax expenses. The bank’s net profit in Q2 declined

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ICICI Bank’s Q1 net profit at Rs 1,908 cr

ICICI Bank’s Q1 net profit at Rs 1,908 cr

🕔19:01, 27.Jul 2019

Mumbai, July 27 (IANS) Private sector lending major ICICI Bank on Saturday reported a standalone net profit of Rs 1,908 crore for the first quarter of 2019-20. The bank had reported a net loss of Rs 120 crore for the corresponding

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‘Fani’: Adanis, ICICI Bank commit Rs 35 cr to Odisha

‘Fani’: Adanis, ICICI Bank commit Rs 35 cr to Odisha

🕔18:20, 7.May 2019

Bhubaneswar, May 7  To bolster Odisha’s efforts in rebuilding and restoration post-cyclone Fani, Adani Ports and ICICI Bank have donated a total of Rs 35 crore to the Chief Minister’s Relief Fund (CMRF). While the Adani Group has committed Rs

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ICICI Bank hikes interest rates on fixed deposits of less than Rs 1 cr

ICICI Bank hikes interest rates on fixed deposits of less than Rs 1 cr

🕔10:18, 15.Nov 2018

Mumbai, Nov 15 Private lender ICICI Bank on Wednesday raised interest rates on term deposits of less than Rs 1 crore by 10-25 basis points (bps), effective from November 15. The bank said in a statement that the rate hike is

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ICICI Bank’s Q2 standalone net profit down 56 per cent

ICICI Bank’s Q2 standalone net profit down 56 per cent

🕔08:30, 27.Oct 2018

New Delhi, Oct 27  Private lender ICICI Bank on Friday reported a 55.84 per cent year-on-year decline in its standalone net profit for the quarter ended in September. The bank’s net profit for the second quarter of the financial year

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Chanda Kochhar quits ICICI Bank

Chanda Kochhar quits ICICI Bank

🕔15:12, 4.Oct 2018

Mumbai, Oct 4  ICICI Bank said on Thursday that its CEO, Chanda Kochhar, has quit the company. “The Board of Directors of ICICI Bank Limited, accepted the request of Ms Chanda Kochhar to seek early retirement from the Bank at

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RBI approves Bakhshi’s appointment as COO of ICICI Bank

RBI approves Bakhshi’s appointment as COO of ICICI Bank

🕔10:25, 2.Aug 2018

Mumbai, Aug 2  ICICI Bank on Wednesday said that the RBI has approved the appointment of Sandeep Bakhshi as its Chief Operating Officer (COO) effective from July 31. “We wish to inform you that the RBI has approved the appointment of

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Kochhar ‘to go on leave’, Bakhshi new COO: ICICI Bank

Kochhar ‘to go on leave’, Bakhshi new COO: ICICI Bank

🕔09:52, 19.Jun 2018

Mumbai, June 19  Private lending major ICICI Bank on Monday announced the appointment of Sandeep Bakhshi as Wholetime Director and Chief Operating Officer (COO) designate as its MD and CEO Chanda Kochhar decided “to go on leave till the completion

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POWERGRID enters in term Loan facility with ICICI Bank

POWERGRID enters in term Loan facility with ICICI Bank

🕔08:46, 30.Sep 2017

  New Delhi, Sep 29 Power Grid Corporation of India Limited (POWERGRID) has entered into a Term Loan facility agreement for Rs.3270Crore with ICICI Bank Ltd. today. POWERGRID has an ambitious investment plan and has budgeted Capital expenditure (CAPEX) including investment

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RBI slaps penalty of Rs.50 lakh on ICICI Bank, Rs.25 lakh on BoB

RBI slaps penalty of Rs.50 lakh on ICICI Bank, Rs.25 lakh on BoB

🕔10:10, 18.Dec 2014

New Delhi, Dec 18  The Reserve Bank of India (RBI) Wednesday imposed a penalty of Rs.50 lakh on ICICI Bank and Rs.25 lakh on Bank of Baroda for violation of KYC norms, a statement issued by the apex bank said.

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