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Tuesday, January 26, 2021



ICICI Bank acquires 9.09% stake in ed-tech platform Myclassboard Educational Solutions

December 29, 2020 2:51 pm

ICICI Bank said it will acquire 9.09 per cent stake in Myclassboard Educational Solutions Pvt Ltd (MESPL) for cash consideration of Rs 4.5 crore.

ICICI Bank unveils online platform for foreign businesses in India

December 22, 2020 3:25 pm

Infinite India platform offers banking solutions as well as value-added services such as incorporation of a business entity, corporate filings, licences and registrations, HR services, compliances and taxation among others, ICICI Bank said in a release.

Chanda Kochhar sacking: SC declines to interfere with Bombay HC order

December 02, 2020 4:07 am

Kochhar had moved the High Court, contending that the termination was communicated months after ICICI Bank approved her voluntary resignation in October 2018. Termination from service, she said, was therefore “illegal, untenable and unsustainable in law”.

ED opposes Kochhar’s bail plea, says he is trying to mislead court

November 24, 2020 3:37 am

The ED has said in its reply that the proceedings before the authority were in regard to attachment of property and has no bearing on the criminal trial before the special court.

ED assures SC of no coercive action against Chanda Kochhar in PMLA case

November 21, 2020 7:51 am

Solicitor General Tushar Mehta informed the bench headed by Justice S.K. Kaul the probe agency would not take any coercive step in pursuance of the case registered in ICICI Bank-Videocon Group loan case.

ICICI Bank's retail mortgage book crosses Rs 2 lakh crore

November 11, 2020 5:33 pm

The bank said it had announced the portfolio touching the Rs 1 lakh crore mark in 2016 and expects the next one lakh crore addition to happen sooner.

Videocon-ICICI case: ED chargesheets Chanda Kochhar, others, with ‘5 trunks’ of supporting documents

November 05, 2020 6:49 am

The ED's case against the Kochhar family pertains to the alleged illegal sanctioning of loans of Rs 1,875 crore by ICICI Bank, during the tenure of Chanda Kochhar, to Videocon Group.

ICICI Bank shares jump nearly 6% as Q2 profit zooms to record high

November 02, 2020 2:15 pm

ICICI Bank stock gained 6.64 per cent to Rs 418.65 on the BSE. On the NSE, it jumped 6.59 per cent to Rs 418.50.

ICICI Bank net soars 549% on low base, treasury income; asset quality improves

November 01, 2020 12:46 am

The rise in net profit was aided by the bank’s low base as it incurred taxes of Rs 3,712 crore in the September 2019 quarter due to one-time additional charge.

ICICI Bank divests 6.44 million ICICI Securities shares in open market to meet SEBI guidelines

August 28, 2020 1:16 pm

The stake sale was done in line with the guidelines of the Securities and Exchange Board of India (SEBI) which states 25 per cent minimum public shareholding requirement for listed companies.