icici bank Archive

Paytm and ICICI Bank tie-up to offer short term instant digital credit

  Country’s first tie up between a Scheduled Commercial Bank and a payments platform to offer digital credit Enables lakhs of new-to-credit customers to get instant digital credit for shopping Mumbai: Paytm, India’s largest payments platform has partnered with ICICI Bank, the country’s largest private sector bank by consolidated assets, to jointly launch ‘Paytm-ICICI Bank Postpaid’, the most seamless way to access

ICICI Bank launches voice-based international remittance service on its Money2India application

  First bank in the country to leverage on Apple’s virtual voice assistant to enable cross-border remittances Money2India application users can now send money to any bank in India via just a voice command to Siri Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of India’s first voice-based

ICICI Bank commits Rs. 10 crore to the Indian Armed Forces

The contribution will be utilised towards the welfare needs of the widows and children of ex-servicemen, who have lost their lives guarding the nation New Delhi: ICICI Bank, India’s largest private sector bank by consolidated assets, today committed a financial assistance of Rs. 10 crore to the Indian Armed Forces. The contribution, payable in two

ICICI Bank plays a significant role in concluding the Rosneft-Essar Oil deal

Rosneft led consortium closes USD 12.9 billion acquisition of Essar Oil It is also the largest ever foreign acquisition in India The deal halves ICICI Bank’s exposure to the Essar Group Ms. Chanda Kochhar, MD & CEO, ICICI Bank said, “We welcome the acquisition of Essar Oil by the Rosneft-led consortium. ICICI Bank has played

ICICI Bank introduces instant credit card

First bank in the country to provide customers a credit card instantly Customers can immediately start online shopping Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of instant credit cards. This first-of-its-kind offering in the Indian banking industry enables the savings account customers of the Bank to get a credit

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

The RBI’s action today to lower the policy rate is a welcome step which had been widely anticipated given the significant decline in inflation observed recently. The prudent approach of the central bank in reacting to incoming data in a calibrated manner will reinforce the confidence amongst global investors. A number of regulatory and developmental

ICICI Bank introduces instant personal loans through ATMs

  Customers can get loans upto Rs.15 lakh instantly Fully digital and completely paperless procedure Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of instant disbursal of personal loans through ATMs.This service enables existing salaried customers of the bank to get pre-qualified personal loans in their savings account instantly, in

ICICI Bank authorised to collect GST

  GST can be paid digitally through ICICI Bank internet banking, credit & debit cards and RTGS/NEFT facilities Any business entity (including non-customers) can pay GST at the Bank’s branches also Plans to introduce an online payment solution for filing monthly GST return Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today

ICICI Bank led consortium of banks concludes the largest asset resolution in the country

Today the sale process of the cement business of Jaiprakash Associates Ltd. (JAL) and Jaypee Cement Corporation Limited (JCCL) to UltraTech Cement Ltd. has been concluded. This transaction is valued at Rs. 16,189 crore With this sale, part of the debt of JAL and JCCL has been transferred from a stressed account to a AAA

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

“The RBI’s acknowledgement of downward shift in the inflation trajectory is welcome. It is also heartening that the RBI has again reiterated its focus on resolution of stressed assets which will help to strengthen the banking system and ensure that investments made are optimally utilised. The SLR cut and reduction in risk weights for housing