Chanda Kocchar resigns as ICICI CEO & MD post controversial allegations
ICICI Bank’s CEO and MD, Chanda Kocchar, on 4 October put an end to the controversial allegations of nepotism by requesting the board for her early retirement. One of the…
ICICI Bank’s CEO and MD, Chanda Kocchar, on 4 October put an end to the controversial allegations of nepotism by requesting the board for her early retirement. One of the…
ICICI Bank, India’s second largest bank by assets, has acquired 8.85% stake in Mumbai-based global remittance platform Avenues Payment for ₹10 crores, as reported by The Hindu Business Line. The…
Chanda Kochhar had been re-appointed as the Director of ICICI Securities Board. She has been the director at the Board since October 2008 till her leave in June this year.…
As the deadline for finalizing the resolution plan on stressed assets near, these are the top 10 stocks to watch out for on Monday. State Bank of India (SBI) –…
Buying your own home is one of life’s greatest milestones. It is not easy considering the sheer amount of options despite rising property rates. Home loans make it easier to…
ICICI Bank wrote off corporate loans worth ₹5,000 to ₹5,600 cr in March 2017 that brought down their gross NPA ratio to 7.89%. Which would have otherwise been at 8.5%.…
For the financial year 2017-18, 21 public sector banks and 3 private sector banks collected a total of ₹5000 cr as fines from depositors for not complying with their minimum…
ICICI Bank released its first quarter results. Below are the key highlights. Core operating profits (profits before provisions, tax excluding treasury income) is at ₹5,042 cr, a 17%increase from June…
India’s second largest private sector lender ICICI Bank is investing ₹8.72 crores ($1.2 million) in mobile payments startup ePayLater in order to buy a minority stake as it forays into…
ICICI bank will be investing ₹100 crore in the latest tech startups. They have already invested in six firms and the amount invested so far is ₹40 crore. The investment…