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Icici Bank News

S&P Revises ICICI Bank Credit Rating Outlook To Stable From Negative

S&P Global Ratings on Friday said it has revised the rating outlook on ICICI Bank Ltd to stable from negative on grounds that the lender will benefit from the sale of stake in subsidiaries. The rating agency affirmed its 'BBB-' long-term ...

2 Stocks From The Banking Sector That Could Generate Good Returns

The advent of the second COVID wave has muddied sentiment and impaired the FY22E earnings visibility. "With multiple states entering into extended lockdowns and restrictions, we see downside risks to our FY22 earnings estimates," Motilal Oswal has said in a report. ...

ICICI Bank Revised Interest Rates On Fixed Deposit, Check New Rates Here

The interest rates on fixed deposits (FDs) have recently been revised by ICICI Bank across all the tenors. Fixed deposits are available from 7 days to 10 years at the bank. ICICI Bank now pays 2.5 percent interest on deposits maturing ...

SBI, ICICI Bank And PNB Issue Important Alerts: Check Here

Amid the pandemic when people have lost jobs and there is grim outlook on every front, to be on a guarded side here is an alert by different banks in the country to remain alarmed of the different ways in which ...

Why RBI Imposed Rs 3 Crore Fine On ICICI Bank?

The Reserve Bank of India (RBI) announced on Monday that it has fined ICICI Bank Rs 3 crore for violating certain prudential norms for the classification, valuation, and service of investment portfolios by banks. This action is focused on regulatory enforcement ...

These Banks Are Recommended A ‘Buy' For Short Term Gains

After ending weak in the previous week on global strong cues which indicated that recovery is at a reasonable pace, Indian indices could sustain some gains on Monday.Now as per experts, the markets could continue to witness volatility unless Covid 19 ...

ICICI Bank Shares Gain 6% After Reporting 260% Jump In Q4 Net Profit

Shares of ICICI Bank in Monday's trade (April 26,2021) surged as much as 6 percent to day's high of Rs. 605.5 per share on the NSE. Also, Nifty Private bank index was the outlier in trade, gaining 2 percent. On Saturday, ...

Icici Bank Shares Gain After Reporting 260 Jump In Q4 Net Profit

ICICI Bank Customers: Check The Advisory On SIM-Swap Fraud Issued By The Bank

ICICI Bank has issued an alert to its customers about SIM-Swap fraud. The bank told customers in a Twitter post: "never share your contact details publicly on any social media platform as it is sensitive personal information". What is ...

How PhonePe Users Can Buy ICICI Bank FASTag?

ICICI Bank and PhonePe have announced a partnership to enable FASTag issuance via UPI on the PhonePe App. FASTag is a vehicle identification tag that is operated by 23 banks under the auspices of NPCI and NHAI. It uses Radio Frequency ...

Chanda Kocchar Gets Bail in Videocon Money Laundering Case

Chanda Kochar, a former CEO of ICICI Bank, was granted bail-on a 5 lakh bond-by a court in Mumbai in connection with the suspected money laundering case involving the bank and the Videocon Company. In September, ED arrested her husband, Deepak ...

ICICI Bank Reports 19% Rise In Q3FY21 Net Profit; Asset Quality Improves

On Saturday, the private sector lender ICICI Bank reported 19% rise in net profit at Rs. 4940 crore for Q3FY21. In the same quarter last year, net profit figure stood at Rs. 4146 crore. Income at the bank also rose 3% ...

SBI, HDFC Bank, ICICI Bank In RBI's Too Big To Fail Lenders List Of 2020

On January 19, 2021, the central Bank said SBI, HDFC Bank and ICICI Bank will continue to be ranked among Domestic Systemically Important Banks (D-SIBs) or what is commonly called as lenders that are 'too-big-to-fail'. This it said while announcing the ...