icici bank - Latest News, Analysis, Opinion

A real-time payment service launched in collaboration with ICICI Bank, allows users direct payment transactions between individuals and merchants. Here is everything you need to know about the Zomato UPI, a quick overview with BW Explainer.

ICICI Bank To Offer Rupee Vostro Accounts To Settle Int’l Trade In Indian Rupee

Rupee Vostro Account (RVA) reduces the foreign currency exchange risk for Indian exporters and importers and according to the bank, more than 100 RVAs of correspondent banks located in 29 countries

ICICI Bank Q4FY23 Results: Net Profit Soars 30% YoY To Rs 9,122 Cr

The bank also announced a final dividend of Rs 8 per equity share

ICICI Prudential AMC launches ICICI Prudential Nifty PSU Bank ETF NFO

The Nifty PSU Bank Index captures the performance of the PSU banks that are traded on the National Stock Exchange Nifty PSU Banks are relatively undervalued as against their Private peers indicating an opportunity to invest in the good dividend yielding ETF*

Generating Numbers

During FY22, ICICI Bank continued to be the leading bank in electronic toll collections through FASTag with a market share of close to 33 per cent. Its electronic toll collections through FASTag increased 51.9 per cent in fiscal 2022

ICICI Bank Net Profit Rises 34% To Rs 8,312 Crore In Q3

The bank's net interest income increased 34.6 per cent to Rs 16,465 crore in the December quarter, up from Rs 12,236 crore the previous year

ICICI, SBI, And HDFC Remain Domestic Systemically Important Banks Says RBI

Economy

The RBI had announced SBI and ICICI Bank as D-SIBs in 2015 and 2016. Based on data collected from banks as on March 31, 2017, HDFC Bank was also classified as a D-SIB, along with SBI and ICICI Bank.

CBI Seeks Investigation Into Videocon-ICICI Bank Loan Fraud Case To "Unearth Criminal Conspiracy"

The Kochhars were arrested on Friday, and Dhoot was arrested on Monday, in connection with the CBI investigation into loans sanctioned by ICICI Bank

Where Did The 3250 Crores Go?

Urvi Shrivastav

Economy

The Kocchars were arrested by the CBI (Central Board of Investigation) in connection with alleged corruption case of INR 3250 crore provided by ICICI to Videocon Group

Mumbai Court Remands Chanda, Deepak Kochhar, Venugopal Dhoot In CBI Custody

Legal

Chanda and Deepak Kochhar were arrested by CBI on Friday night after a short questionnaire session, while Dhoot was arrested on Monday morning.

CBI Arrests Venugopal Dhoot In ICICI Case

The CBI had alleged that ICICI bank had sanctioned credit facilities to the tune of INR 3,250 crore to the companies of Videocon Group promoted by Dhoot in violation of the Banking Regulation Act, RBI guidelines, and credit policy of the bank

CBI Arrests Former ICICI Bank CEO Chanda Kochhar And Husband Deepak Kochhar

Economy

Nupower has also been labeled as an accused in the FIR

ICICI Bank Raises Rs 5,000 Cr Via Bonds To Fuel Business