Tag «Chanda Kochhar»

ICICI Bank launches ‘Eazypay’, India’s first mobile app for merchants to accept payments on mobile phone through multiple digital modes

It allows buyers to pay sellers through UPI, any credit / debit card, internet banking, and ‘Pockets’, digital wallet of ICICI Bank Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of ‘Eazypay’, a mobile application to enable merchants, retailers and professionals to accept instant cashless payments on mobile …

ICICI Bank to transform 100 villages into ‘ICICI Digital Villages’ in 100 days

The largest village promotion programme in the country encompassing digitisation of transactions & commercial activities in villages, vocational training and credit facility to help villagers earn a sustainable livelihood 10,000 underprivileged villagers will receive free vocational training within 100 days The ambitious project is inspired by the success of India’s first digital village created by …

ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD

Undertakes pilot transactions in international trade finance and remittance on blockchain Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ICICI Bank is the …

Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy I welcome the RBI’s move to cut the repo rate by 25 basis points as well its intent to support liquidity. These steps will give a strong impetus to both consumption and investment led growth for the country. The strong focus by …

ICICI Bank launches ‘Unified Payments Interface’ (UPI) for its mobile banking applications

Offers UPI in ‘Pockets’ for use by anyone including non-ICICI Bank customers Also available on ‘iMobile’ for its mobile banking customers One can instantly transfer funds to anyone round-the-clock on all days Mumbai: ICICI Bank, India’s largest private sector bank, today announced the launch of ‘Unified Payments Interface’ (UPI) on two of its customer facing mobile …

Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

  The comprehensive approach towards systemic liquidity that the Governor has articulated is very positive and welcome. The higher than normal systemic liquidity deficit had been a matter of concern among market participants. The announcement that the RBI will progressively lower the average liquidity deficit in the system from one per cent of NDTL to …

Chanda Kochhar, on RBI Credit Policy

Ms. Chanda Kochhar, MD and CEO, ICICI Bank, said, ”The policy announcement today is line with market expectations. The RBI has rightly indicated that it would watch the growth trends, the fiscal approach to be articulated in the budget and the factors impacting inflation in the coming months. The policy statement is a comprehensive and …