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Friday, April 10, 2020



Yes Bank revival plan unveiled: Top private banks step in, ban lifts in 3 days

March 14, 2020 11:27 am

The Union Cabinet Friday approved a reconstruction plan for Yes Bank under which SBI will acquire 49 per cent stake and the moratorium on deposit withdrawal and other transactions will be lifted within three days of the notification in the government gazette.

ICICI Bank to invest Rs 1,000 crore in Yes Bank

March 13, 2020 5:23 pm

In lieu of this investment, ICICI Bank will get 100 crore equity shares at a price of Rs 10 per share, under the proposed Scheme of Reconstruction of Yes Bank

To collect Rs 4 crore in coins a month, banker seeks Rs 40 lakh from BEST

March 04, 2020 8:35 am

This means BEST will have to shell out about Rs 40 lakh a month to the bank for collecting and transporting coins valued at Rs 4 crore every month from its 27 depots.

For bank deposits, private are back as the preferred choice over public

February 20, 2020 10:47 am

While HDFC Bank added Rs 1.12 lakh crore, ICICI Bank and Axis Bank added Rs 55,613 crore and Rs 50,998 crore respectively during the six-month period July-December 2019. These three banks accounted for 82 per cent of the deposits raised cumulatively by the eight private banks.

Money laundering case: ICICI seeks recovery of amounts from Chanda Kochhar

January 13, 2020 9:19 pm

The affidavit further said that Kochhar's conduct has caused substantial embarrassment to the bank and all the stake-holders, and has led to an irreparable reputational loss to the bank.

ED attaches Rs 78-cr worth assets of former ICICI chairman Chanda Kochhar, others

January 10, 2020 10:02 pm

The agency seized her Mumbai flat and some properties of her husband's company.

Chanda Kochhar’s writ petition shouldn’t be entertained: RBI in HC

December 19, 2019 1:54 am

The court adjourned the matter for next hearing on January 13, 2020.

How banks stand to benefit from SC's judgment in Essar Steel insolvency case

November 19, 2019 7:54 am

The Supreme Court’s order is being seen as bringing the rigour and momentum back into the IBC as an effective tool to deal with stressed assets in the economy.

Check fixed deposit rates of SBI, HDFC Bank, ICICI Bank and Bank of Baroda

November 12, 2019 2:28 pm

We take a look SBI, HDFC Bank, ICICI Bank and Bank of Baroda and compare the term deposit rates that are being offered by them.

ICICI Bank opens 57 branches in Andhra Pradesh, Telangana this fiscal

November 07, 2019 5:30 pm

With this expansion, ICICI Bank now has a total branch network of 402 branches and extension counters in Andhra Pradesh and Telangana.