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Indostar Capital Finance is in talks with ICICI bank to buy 70% stake in ICICI Home Finance. This would be the third time that ICICI wants to sell its stake.
ICICI Bank has launched Money2India app to enable NRIs to transfer funds instantly to their relatives and family members.
HDFC and ICICI Bank have reduced interest rates to support affordable housing scheme of the government. The new interest rate stands at 8.35% for women and 8.4% for others.
Truecaller has partnered with Airtel to launch caller ID for feature phones. The new app will also have payment option and video calling.
Private Banks in India including HDFC, ICICI and Axis have started to charge INR 150 after 4 free cash transactions at the bank counter.