[
icici
]ArcelorMittal venture executes first 'paperless bill discounting transaction'
ArcelorMittal Nippon Steel, a joint venture between ArcelorMittal and Japan's Nippon Steel, executed the transaction in partnership with ICICI Bank.
Published on Jun 27, 2021 03:24 PM IST
By hindustantimes.com | Written by Karan Manral | Edited by Amit Chaturvedi, New Delhi
Dividend payouts of Nifty firms climb to 4-year high
- A change in the taxation policy on dividends also played a major role in companies distributing higher dividends
Published on Jun 21, 2021 06:43 AM IST
By Nasrin Sultana, Ashwin Ramarathinam, Mumbai
Retail borrowers make the most of recast plan
HDFC Bank Ltd, ICICI Bank Ltd and Axis Bank Ltd collectively implemented retail debt recasts of ₹6,603 crore and just ₹2,109 crore of corporate loans under the scheme.
Published on Apr 29, 2021 12:27 AM IST
By Shayan Ghosh, Mumbai
IPO boom prompts ICICI to hire more investment bankers
ICICI Securities ranks first for equity offerings in India so far in 2021, according to the Bloomberg league table, a leap from 2020 when it finished 10th.
Published on Apr 20, 2021 07:59 AM IST
Bloomberg |
Competition Commission dismisses complaint against ICICI Bank
- In its order passed on Wednesday, the regulator said the allegations of abuse of dominance specifically relate to arbitrary increase in interest rate on home loan and increase in tenure of home loan by the bank on the basis of one-sided conditions in the loan agreement.
Published on Jan 28, 2021 04:28 PM IST
PTI | , New Delhi
ICICI Bank sells 1.5% stake in life insurance arm for Rs 840 crore
Last week, the lender had informed exchanges about selling a little less than 4 per cent stake in its general insurance subsidiary for Rs 2,250 crore.
Updated on Jun 22, 2020 02:12 PM IST
New Delhi, Delhi | By Press Trust of India | Posted by: Shivani Kumar
ICICI Securities’ shares shed early gains; close 5 % lower
The scrip, which zoomed 13.80 per cent to Rs 429 during the day on the BSE, later eroded its gains and closed at Rs 357.80, down 5.08 per cent.
Published on May 08, 2020 05:59 PM IST
New Delhi | By Press Trust of India| Posted by: Harshit Sabarwal
CBI issues lookout notice against Chanda Kochhar, 2 others in ICICI loan case
The CBI had on January 24 named the the Kochhars and Dhoot as accused in an FIR in the the Rs 3,250 crore loan case.
Updated on Feb 22, 2019 01:02 PM IST
Hindustan Times | By HT Correspondent
ICICI says Chanda Kochhar violated code of conduct, has to return bonuses
ICICI Bank, India’s third biggest lender, said it will treat Chanda Kochhar’s resignation as “termination for cause” and will stop payment of unpaid benefits, including bonus.
Updated on Jan 30, 2019 09:03 PM IST
Reuters | By Agencies
‘Adventurism taking over professionalism’: Arun Jaitley targets CBI over ICICI probe
Arun Jaitley’s reference is to all the names mentioned in the FIR filed by CBI, albeit not as accused but as people worth investigating in the case.
Updated on Jan 25, 2019 11:27 PM IST
Hindustan Times, New Delhi | By HT Correspondent
CBI FIR deconstructs how Chanda Kochhar allegedly defrauded ICICI
Breaking down its case against them, CBI details the modus operandi and charges them with offences punishable under Section 120B (conspiracy) and 420 (cheating) of IPC, section 7 (taking gratification) and 13(2) (criminal misconduct) read with 13(1)(d) (pecuniary advantage) of the Prevention of Corruption Act.
Updated on Jan 25, 2019 09:23 AM IST
New Delhi | By Indo Asian News Service
Chanda Kochhar: The fall of a feisty woman who broke the glass ceiling
ICICI chief executive officer Chanda Kochhar has resigned from the bank’s top post, the company said in regulatory filings on Thursday.
Updated on Oct 04, 2018 08:18 PM IST
Press Trust of India | By Press Trust of India
Home, auto loans to get costlier as SBI, ICICI hike lending rate by 0.2%
State Bank of India (SBI) has increased the lending rate by 20 basis points or 0.2% across all tenors up to three years.
Updated on Sep 01, 2018 11:44 PM IST
Press Trust of India | By Press Trust of India
ICICI Bank names ex-bureaucrat Girish Chandra Chaturvedi as non-executive chairman
Chaturvedi will replace MK Sharma, the current chairman of ICICI Bank, after his term expires on June 30.
Updated on Jun 29, 2018 01:00 PM IST
Hindustan Times, New Delhi | By HT Correspondent
ICICI Bank issues clarification on whistleblower complaint, denies charges of inflating profit
ICICI Bank issued a clarification to the stock exchanges on Friday, addressing charges in a whistleblower complaint received by the bank on March 31.
Updated on Jun 25, 2018 03:50 PM IST
Hindustan Times, New Delhi | By HT Correspondent
ICICI shares soar, CEO Kochhar says bank getting grip on bad loan problem
ICICI jumped 6.3% as of 10.20 am, set for the biggest gain since Oct. 25, and was the top stock on Bloomberg’s Asia Pacific Banks Index.
Updated on May 08, 2018 12:27 PM IST
Bloomberg | By Anto Antony
India can’t dream of double digit GDP till it addresses gender parity | Opinion
Gender parity would add 18 percent to India’s business-as-usual GDP by 2025, according to a new study by McKinsey & Co.
Updated on May 02, 2018 10:44 AM IST
Bloomberg | By Andy Mukherjee
Two years ago, RBI found no ‘quid pro quo’ in ICICI loans to Videocon: RBI documents
RBI had stated that ICICI Bank had sanctioned a loan of Rs 1,730 crore to the Videocon Group in 2012 as part of a debt consolidation programme undertaken through a consortium of banks led by SBI.
Updated on Apr 15, 2018 12:51 PM IST
Press Trust of India, Mumbai | By Press Trust of India
Chanda Kochhar pulls out of event where she was to be felicitated by President
Kochhar was to be the Guest of Honour at an upcoming event by FICCI, and flyers sent out last month mentioned her name prominently. However, the revised ones sent out on Tuesday did not carry her name.
Updated on Apr 03, 2018 05:53 PM IST
Press Trust of India, New Delhi | By Press Trust of India
ICICI’s loan to Videocon: CBI investigating case, Chanda Kochhar not a suspect
A CBI official says ICICI managing director and chief executive officer Chanda Kochhar has not been named as a suspect in the case.
Updated on Mar 31, 2018 08:50 AM IST
New Delhi, Hindustan Times | By Rajesh Ahuja
‘Malicious rumours’: ICICI Bank backs CEO Chanda Kochhar over nepotism claims
Multiple reports circulated in online blogs and social media in India last week, alluding to alleged conflict of interest in ICICI’s lending to Videocon, alleging that the conglomerate was favoured by the bank’s CEO.
Updated on Mar 29, 2018 10:52 AM IST
PTI, Mumbai | By HT Correspondent
Why Bernstein is right to sound a warning on Indian banks
Bernstein is worried about the systemic ramifications for lenders like ICICI Bank and Axis Bank, as investigating agencies widen their probe into the over $2 billion fraud at state-run Punjab National Bank.
Updated on Mar 27, 2018 03:09 PM IST
Andy Mukherjee, Bloomberg | By HT Correspondent