Tag «icici bank»

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 crosses milestone of 1 lakh Virtual Payment Addresses (VPA) on UPI

First bank to achieve it Mumbai: ICICI Bank, India’s largest private sector bank, today announced that it has crossed the milestone of 1 lakh Virtual Payment Addresses (VPA) on ‘Unified Payments Interface’ (UPI) within three weeks of its launch. The bank is the first to do so. In a bid to further enhance the usage …

ICICI Bank organizes 350 Kisan Sampark Melas across Punjab & Haryana in one month

Around 10,000 customers participated in these events Chandigarh: ICICI Bank Limited, India’s largest private sector bank, organised ‘Kisan Sampark Melas‘ across Punjab and Haryana last month as a part of its financial inclusion plan. The Bank reached out to over 10,000 villagers through 350 Kisan Sampark Melas held in both states. These Melas were conducted …

ICICI Bank introduces ‘Software Robotics’ to power banking operations

First bank in the country and among few, globally, to roll-out ‘Software Robotics’ Over 200 software robots are performing over 10 lakh banking transactions every working day Pares response time to customers by up to 60%; sharply raises productivity Mumbai, India: ICICI Bank, India’s largest private sector bank, today announced the deployment of ‘Software Robotics’ …

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 …

ICICI Bank introduces ‘iMobile SmartKeys’, Asia’s first payment service using a smartphone keyboard

First financial institution in Asia to enable payments and banking from a smartphone keyboard Customers can transfer money, pay bills & recharge from within any application or browser using the smartphone keyboard There is no requirement to switch between chat, messenger or other applications Reduces transaction time for payment transactions Ensures quick and secure transactions …

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

“The decision to keep the policy rate unchanged is in line with market expectations. The articulation of a continued accommodative policy stance is welcome. As stated in its April policy, the RBI has ensured adequate liquidity and brought the liquidity balance closer to neutrality, which is indeed commendable. The favourable monsoons and the momentum in …

ICICI Bank launches next generation features on iMobile

Customers can now instantly pay taxes, book rail tickets and send image of their cheque for Positive Pay on iMobile Mumbai: ICICI Bank, India’s largest private sector bank, has added five new industry-first features on its mobile banking app, ‘iMobile’, taking the total number of services that the users can avail of to over 150. The …

ICICI Bank announces winners of ‘ICICI Appathon’, its mobile app development challenge

Winning entries focused on conversational banking, new digital payments and artificial intelligence in banking Offered over 50 diverse APIs for prototype development on the cloud. The challenge offers the largest set of Banking and Financial sector APIs in any virtual Indian software development event It received an overwhelming response with over 2000 participants from …