ICICI Bank | The Asian Age

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CBI has also questioned few ICICI Bank officials as part of a preliminary enquiry to find if any quid pro quo was involved in the bank's issuance of Rs. 3,250-crore loan. (Photo: PTI)

IT Dept sends notice to Deepak Kochhar's NuPower Renewables

NuPower Renewables was special purpose vehicle made to revert allegations in future.

04 Apr 2018 9:15 AM

ICICI Bank MD and CEO Chanda Kochhar has pulled out of the annual session of FICCI Ladies Organisation (FLO).

Chanda Kochhar pulls out of President Ram Nath Kovind's event

Kochhar was to be the Guest of Honour at the April 5 event and flyers sent out last month mentioned her name prominently.

03 Apr 2018 5:35 PM

ICICI Bank CEO and MD Chanda Kochhar. (Photo: PTI)

ICICI borrowers advised on foreign loans by Chanda Kochhar's brother-in-law

Avista was also involved in 2 transactions with Videocon Industries for reorganization and refinancing of FCCBs of $194 mn in 2015.

03 Apr 2018 12:34 PM

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

ICICI examines pending insolvency cases in Board meeting

ICICI Bank examined insolvency cases pending before the NCLT under the Insolvency and Bankruptcy Code, 2016.

02 Apr 2018 5:37 PM

RBI fined ICICI 589 million rupees ($9.1 million) for not sticking to rules around the sale of govt securities.

ICICI Bank shares tumble on probe reports, RBI fine

Shares of ICICI Bank, India’s third-largest lender, plunged 7 per cent to a five-month low.

02 Apr 2018 11:43 AM

Earlier this week, the ICICI Bank board came out in support of Chanda Kochhar, saying it has full faith and confidence in her. (Photo: File)

Videocon chief denies dealings with ICICI CEO Chanda Kochhar's husband

The PE initiated by the CBI has named Videocon group promoter Venugopal Dhoot, Deepak Kochhar and unknown others.

01 Apr 2018 8:32 AM

However, Chanda Kochhar had not been named as a suspect in the case. (Photo: PTI)

Videocon case: CBI to probe ICICI CEO Chanda Kochhar’s husband

Videocon group had availed Rs 3,250 crore loan from the bank, of which Rs 2,810 crore remained unpaid and was declared NPA in 2017.

31 Mar 2018 9:45 AM

Sebi looking into ICICI Bank matter

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

30 Mar 2018 6:00 PM

Bank re-iterated that it continues to give utmost importance to regulatory compliance and endeavors to meet supervisory expectations. (Photo: ANI)

ICICI issues clarification on penalty by RBI

RBI has imposed a penalty on the Bank for continued sale of government securities classified as HTM.

30 Mar 2018 9:48 AM

ICICI Bank said the violation was “due to a genuine misunderstanding on the timing of the applicability of RBI’s directions in this matter”. (Photo: PTI)

RBI slaps Rs 58.9cr fine on ICICI Bank

The bank said it continued with the sales from HTM category for a few weeks during the quarter ended March 31, 2017.

30 Mar 2018 12:47 AM

The penalty is for non-compliance with directions issued by the Reserve Bank of India.

RBI imposes Rs 59 cr fine on ICICI Bank for violating securities sale norms

The RBI allows banks to sell securities from HTM subject to certain limits and disclosure rules.

29 Mar 2018 2:30 PM

Certain reports have appeared on a website alleging involvement of Chanda Kochhar and her family members in a loan provided to Videocon group on quid pro quo basis. (Photo: PTI)

ICICI board backs Chanda Kochhar amidst questions over Videocon

ICICI Bank board also reviewed the bank's internal processes for credit approval and found them robust.

29 Mar 2018 9:53 AM

Digital payment discounts are on top of all other offers that Snapdeal would be running throughout the year.

Digital payment cos line up Rs 100 cr worth discounts on Snapdeal

Visa cardholders will get instant discounts using a unique code every time they shop on Snapdeal.

20 Mar 2018 1:22 PM

Swiggy announced partnership with ICICI Bank to roll out two innovative digital solutions to facilitate a convenient and hassle-free way for its delivery partners to transfer funds.

Swiggy introduces UPI-based payment for delivery fleet

UPI-based solution has already witnessed tremendous adoption by Swiggy's delivery partners.

19 Mar 2018 2:33 PM

This facility significantly improves customers' convenience, as they get an overdraft facility upto Rs 15 lakh for a year anytime.

ICICI launches instant online overdraft facility for MSMEs

ICICI also introduced instant disbursal of personal loans through ATMs as well as digital enrolment for NPS.

14 Mar 2018 11:49 AM

The chief executive officers of ICICI and Axis banks, Chanda Kochhar and Shikha Sharma, were summoned for questioning Tuesday in the Nirav Modi-Mehul Choksi perpetrated PNB fraud. (Photo: PTI | File)

PNB fraud: Top bankers Chanda Kochhar, Shikha Sharma summoned

ICICI Bank led a consortium of 31 banks that lent money to Mehul Choksi’s Gitanjali group.

06 Mar 2018 11:47 AM

Canadian Prime Minister Justin Trudeau greets business leaders at the end of India-Canada business forum in Mumbai on Tuesday. (Photo: PTI)

People-to-people connection important for Indo-Canadian ties: Trudeau

Applauding India for trade potential, Trudeau said that there was an anxiety in the western world about the success of trade here.

20 Feb 2018 8:16 PM

Govt entered into an agreement with ONGC for strategic sale of its equity share-holding in HPCL.

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM

The bank has 8 million customers using its mobile app.

ICICI Bank says mobile app malware not a threat to customers

Growth of mobile transactions is much faster than the incremental transactions through the Internet.

12 Jan 2018 5:45 PM

Digital credit will be available on the basis of a real-time credit assessment algorithm created by the bank.

Ola, ICICI Bank to now offer innovative solutions to customers

The facility will help Ola customers to get small ticket digital credit instantaneously from ICICI Bank.

09 Jan 2018 4:02 PM

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