SIBs are subjected to higher levels of supervision so as to prevent disruption in financial services in the event of any failure.
BharatPe said it has raised Rs 139 crore in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants
Among the pack, mighty banks such as HDFC Bank and ICICI Bank are expected to outperform their peers, analysts say.
Nifty Bank index may hit record levels of 33,000 if it surpasses the resistance of 32,300
More than 20 selections for international profiles have been confirmed up to now
With valuations at a premium, brokerages highlight the need for caution
ICICI Bank's likely strong delivery on growth, asset quality and return ratios, despite the Covid-19-induced disruption, will call for a re-rating, say analysts
Following the stake sale, LIC's holding in the bank has reduced to 6.74 per cent from 8.74 per cent earlier,
FASTag is a reloadable tag which enables automatic deduction of toll charges and lets users pass through the toll plaza without stopping for cash transactions
Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table
The Reserve Bank of India approved the appointment of Sandeep Batra as the Executive Director of ICICI Bank
With the increase in foreign direct investment into the country, ICICI Bank on Tuesday said it is upping its focus on serving the multinational companies
The platform offers banking solutions and value-added services such as business incorporation, corporate filings, licences and registrations, HR services, compliances and taxation
As an 'Authorised Dealer Category 1', the bank can authorise the setting up of liaison offices (LO), branch offices (BO) as well as a project offices, within the regulatory framework
Google Pay and PhonePe were the top wallets among the customers, says Report
Due to lack of trust, new merchants usually see 30% higher cart abandonments on the checkout page as compared to established merchants; Razorpay is aiming to change that
Currently, more than 720 toll plazas across the country are live on the FASTag platform
ICICI is not alone to bring this concept forward. State Bank of India, has also announced to make its app open for all in 30 days
What do banks gain by opening their apps for all? The answer - rival bank's customers under their fold.
Another 712,141 shares meant for retail investors will be auctioned on Thursday. Floor price set at Rs 440 a share