Deepak Parekh on Tuesday said unidentifiable shell companies are being used for paying bribes and ‘speed money’ remains a challenge for corporates.
ICICI Bank MD Chanda Kochhar said the bank’s fresh slippages stood at Rs 2,279 crore in third quarter.
HDFC’s offer is available to those who apply by Jan 31, 2015 while ICICI Bank’s scheme will end on Dec 31, 2014.
According to the RBI, it received a complaint from a “reputed statutory organisation” in August 2013 about fraud being perpetrated in five banks.
At the end of the second quarter of the current fiscal, IBEL had assets of RUB 4.5 billion and paid-up equity capital of RUB 1.6 billion.
SBI chief signals beginning of cheaper loans
State Bank of India (SBI) cut its deposit rates for maturities of over one year by 0.25 per cent.
ICICI Bank’s website showed that it has lowered it deposit rates for customers within the Rs 1 crore bracket.
All-stock deal valued at R15K cr; Kotak to be 4th largest private bank.
Reduction by as much as 200-375 bps for investment grade loans.
The BSE Sensex today breached the 28,000 level for the first time but ended a shade below at 27,915.88…
ICICI Bank reports a record quarterly profit on higher lending and fee income.
A slew of earnings announcements from blue-chips will set the tone for stock markets this week: Experts
ICICI Bank shares declined by 1.31 per cent to Rs 1,547.70 on the BSE on Tuesday.
Kochhar says ICICI Bank will play key role in arranging funds for Japanese investments into India.