The countrys largest private sector lender, ICICI Bank, does not see immediate pressure on interest rates, but expects them to rise from the second quarter (July-September) of next financial year due to increase in demand for credit. Now-RBI may not increase policy rates in April policy: Kamath-No pressure on interest rates over next 9 months: Kamath-'Consumption, investment will drive growth'-Banks to review teaser home loan plans in March-Bankers see huge challenges in next financial year-
Read more »ICICI Bank may rise Interest rates from July
ICICI Bank's Marginal Growth for this Quarter
A sharp reduction in expenses helped ICICI Bank post a marginal growth in profit for the quarter ended September 30, 2009 despite a fall in total income.
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Three Persons held for duping ICICI Bank, arrested
A person, who duped several private finance institutions and a corporate bank to the tune of Rs 1.75 crore, and his two associates were arrested.
Read more »ICICI Bank sees huge potential in infrastructure finance
ICICI Bank sees a huge opportunity in project and infrastructure finance and mortgage lending, according to its Executive Director, Sonjoy Chatterjee.
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ICICI Bank sends legal notice to HDFC Bank official
India’s second-largest lender, ICICI Bank, has shot off a legal notice to a senior official of HDFC Bank, for airing views on ICICI in a HDFC Bank business magazine.
Read more »ICICI Bank, mChek to issue Visa cards for mobile transactions
Indian financial services provider ICICI Bank has teamed up with mobile payments and two-factor authentication services company mChek .
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ICICI Bank Careers PO Program Aug 09 Batch Apply Online @ www.icicicareers.com
ICICI Bank Careers Probationary Officer Programme August 2009 Batch, Aptitude Test & Interview is likely to be conducted across India in May/June 2009.Probationary Officer Programme is an initiative by ICICI Bank . Those selected will undergo a one year intensive residential classroom training and internship. On successful completion of the programme they will be absorbed as Assistant Manager.
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Bank stocks crash; Syndicate, ICICI Bank, Axis Bank down 7-14%
The markets closed weak as all sectoral stocks witnessed heavy sell-off. The banking stocks were hammered badly. Selling pressure was also seen in metal, capital goods, power, oil
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ICICI to compensate customer for its negligence
There is yet another case of deficiency in services and the bank has been directed to compensate for the same. ICICI Bank is asked to pay Rs 1.5 lakh for forcibly taking possession of a car by its customer who had been regularly paying the EMI for the loan taken to for the car.
