icici bank Archive

CPI and WPI: Prasanna – Head Global Markets Group, ICICI Bank

“Headline CPI came close to expectations at 2.2% YoY. This was led with continued deflation in food group while the broad-core index threw up a negative surprise with core inflation remaining at 5.7%. Despite the sharp fall in petrol and diesel prices in December, the core inflation was elevated. This was due to the high sequential

Our FY2019 forecasts of 7.5-7.6% will have to be revised lower – B. Prasanna, Group Executive and Head – Global Markets Group, ICICI Bank

B. Prasanna, Group Executive and Head – Global Markets Group, ICICI Bank on the GDP estimates for Q2FY19. “Second quarter GDP growth at 7.1% was much lower than expectations. This was primarily on account of a sharp weakness in agricultural growth. On the positive side, consumption growth and investment growth remained strong, even as consumption moderated

ICICI Bank announces partnership with Manchester United

The Bank will offer the club’s Indian fans with a range of co-branded credit and debit cards Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, has agreed to a multi-year partnership with Manchester United, bringing a range of competitive co-branded credit and debit card to the club’s 35 million Indian followers. As

ICICI Bank ties up with Westpac Banking Corporation

First bank in the country to tie-up with an Australian bank to allow Indian students to pay fee online Full value of remittance is credited to the beneficiary university without any deduction of charges Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced its partnership with ‘Westpac Banking Corporation’ (Westpac), one

ICICI Bank mortgage portfolio crosses Rs 1.5 trillion

First private sector bank to cross the milestone Aims to cross Rs 2 trillion by end of FY20 Digitises project approval for developers; unveils online repository of 30,000 approved projects Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced that it crossed the milestone of disbursing mortgage loans of over Rs 1.5

ICICI Bank Board appoints Sandeep Bakhshi as Wholetime Director and Chief Operating Officer (COO) of ICICI Bank

  The Board of Directors of ICICI Bank Limited (NYSE: IBN) has at its meeting today decided to appoint Mr. Sandeep Bakhshi, as Wholetime Director & Chief Operating Officer designate, ICICI Bank. His appointment as COO will be for a period of five years, subject to regulatory approvals. He will take over as the COO

ICICI Bank enables customers to instantly reload travel card digitally

A customer can even reload travel card of his/her family members instantly The card can be reloaded anytime, from anywhere in the world, without any charges Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, has enabled its customers to reload foreign currency to ‘ICICI Bank Travel Card’ instantly, using the Bank’s internet

ICICI Bank launches next generation features on ‘Eazypay’

Eazypay is India’s first digital PoS application which enables merchants to collect payments through multiple digital modes The ‘all new’ app has first-in-class services; merchants / retailers can scan barcodes to raise invoices, track inventory via in-built dashboard & undertake sales on credit They can also apply for a card-swipe machine instantly in a completely

Swiggy partners with ICICI Bank to launch two digital solutions for its delivery partners

Introduces a UPI-based payment facility and an automated cash deposit solution One of the first such initiatives in the e-commerce space, it will facilitate a convenient and hassle-free way for Swiggy’s delivery partners to transfer funds, in keeping with the country’s digitization drive Move to enable thousands of delivery partners to save time and distance

Ola and ICICI Bank sign MoU to bring innovative solutions to their customers and driver-partners

  ICICI Bank customers can book an Ola cab and pay the fare seamlessly through mobile banking applications, ‘iMobile’ and ‘Pockets’ Ola customers to get small ticket instant digital credit from ICICI Bank ICICI Bank to offer a co-branded credit card in association with Ola for providing promotional offers to customers Mumbai: Ola, India’s largest