Tag «icici bank»

Statement of ICICI Bank on PhonePe case

An ICICI Bank spokesperson said: “A certain non-banking application is following a restrictive practice of allowing only users of its own UPI handle to make payments on its App. This is a clear violation of UPI guidelines which mandate interoperability, wherein users enjoy the freedom to choose any UPI handle to make payments. NPCI has …

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 …

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

“The RBI has maintained stability in monetary policy with a focus on the medium-term inflation targets being sustainably achieved, while continuing to be supportive of growth. The policy has maintained an accommodative stance while taking into account global developments and domestic economic conditions. With respect to demonetisation, the assessment that this will have only a …

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 …

MDR waived for debit card transactions at ICICI Bank merchants

Mumbai: ICICI Bank, the country’s largest private sector bank by consolidated assets, today announced that its merchant acquiring arm, ICICI Merchant Services Ltd (IMSL) has waived the Merchant Discount Rate (MDR) on debit card transactions at all merchants serviced by IMSL. It is effective from today, November 23, 2016 till December 31, 2016. Further, customers …

ICICI Bank launches home loan overdraft for salaried customers

Offers easy access to funds for personal needs against property Provides customers with a dual advantage of a term loan and an overdraft facility Mumbai: ICICI Bank Ltd, India’s largest private sector bank by consolidated assets, announced the launch of a credit facility against home loans for salaried customers. Christened ‘ICICI Bank Home Overdraft’, this …

Statement of ICICI Bank on debit card related case

An ICICI Bank spokesperson said, “We assure our customers that the ATM network of ICICI Bank is equipped with the best-in-class security measures. We would like to inform that the possible breach of information of debit cards has taken place in the ATM network of another bank. As a precautionary measure, the PINs of debit …