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Icici Bank
Business  /  Published 06.03.21

ICICI cuts rates of home loans

ICICI Bank on Friday has cut interest rates on home loans to 6.70 per cent on a par with market leader SBI, as part of a limited period offer.   The second largest private sector lender said the...
By Our Bureau in Mumbai

Business  /  Published 25.02.21

All banks can handle pension

All private sector banks will be allowed to handle government-related banking transactions such as the collection of taxes, pension payments and small savings schemes, the finance ministry announced o...
By Our Special Correspondent in New Delhi

Business  /  Published 15.02.21

McNally Sayaji faces bankruptcy

McNally Sayaji Engineering Ltd is going to face bankruptcy, the first casualty of the financial turmoil at Williamson Magor Group. The company is an unlisted subsidiary of McNally Bharat Engineering ...
By Sambit Saha in Calcutta

Business  /  Published 13.02.21

Kochhar gets bail

Chanda Kochhar, the former CEO and MD of ICICI Bank, was on Friday granted bail by a special Prevention of Money Laundering Act (PMLA) court here in connection with the ICICI Bank-Videocon money laund...
By Our Bureau in Mumbai

Business  /  Published 12.02.21

ICICI boss gets bail

Former ICICI Bank CEO and MD Chanda Kochhar on Friday appeared before a court here in the alleged ICICI Bank-Videocon money laundering case, and was granted bail. It was the former banker's first...
By Our Bureau, Agencies in Mumbai

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Business  /  Published 31.01.21

ICICI reports 19% growth in net profits

ICICI Bank on Saturday topped Street estimates as it reported a 19 per cent growth in net profits for the third quarter ended December 2020 even as provisions rose. The private sector lender posted a ...
By Our Special Correspondent in Mumbai

Business  /  Published 27.01.21

Aadhar Housing set for float

Blackstone-backed Aadhar Housing Finance Ltd (AHFL) has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 7,300 crore through an initial public offering (IPO). The...
By Our Special Correspondent in Mumbai

Business  /  Published 04.12.20

HDFC Bank credit card leash

The Reserve Bank of India on Thursday barred HDFC Bank from issuing new credit cards and launching fresh digital banking initiatives, delivering one of the harshest regulatory penalties to any banking...
By Our Special Correspondent in Mumbai

Business  /  Published 02.12.20

SC rejects Kochhar job termination petition

The Supreme Court on Tuesday rejected Chanda Kochhar’s appeal against the Bombay High Court order which had dismissed her plea against her termination as the managing director and CEO of ICICI B...
By Our Legal Correspondent in New Delhi

Business  /  Published 01.12.20

Court dismisses Deepak Kochhar’s bail plea

A Mumbai court on Tuesday rejected a bail plea of businessman and the husband of former ICICI Bank CEO, Deepak Kochhar, in a money laundering case. The Enforcement Directorate (ED) had arrested him i...
By Our Bureau, Agencies in Mumbai


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