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Chanda Kochhar: The fall of a feisty woman who broke the glass ceiling

She joined ICICI as a management trainee in 1984 and rose to play an important part in its transformation.

4 Oct 2018 7:02 PM IST

Shares of Federal Bank on Tuesday surged over 19 per cent after the company registered a 25 per cent increase in its net profit for first quarter of the current fiscal.

Business

Federal Bank shares soar over 19 pc as Q1 net profit rises

The bank's net profit in the corresponding three months to June in 2017-18 stood at Rs 210.15 crore.

17 July 2018 5:33 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Business

RBI categorises IDBI Bank as private sector lender

IDBI Bank has been categorised as a private sector lender following acquisition of majority stake by LIC, RBI said.

14 March 2019 6:49 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

Business

ICICI gets new whistleblower complaint on loan accounts amounting Rs...

ICICI Bank on Friday said it had received complaints about 31 loan accounts from an anonymous complainant.

23 Jun 2018 12:23 PM IST

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.

Business

ICICI bank to disburse Rs 10,000 cr retail loan in Punjab, Haryana

The bank will reach the target by expanding its consumer-personal, vehicle and two-wheeler-loans.

9 Aug 2018 5:31 PM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

Yes Bank slapped with Rs 38 crore in GST fines for violating norms

A bank official, however, said the money has been paid "in protest" and the lender believes that it has not violated any...

21 Sept 2018 7:19 PM IST