ICICI Bank Limited (NYSE:IBN) is India's largest private sector bank with consolidated total assets of US $ 124.76 billion at March 31, 2014. Its subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. The Bank's presence spans 18 countries, including India.
14% year-on-year increase in standalone profit after tax to Rs. 11,175 crore (US$ 1.8 billion) for the year ended March 31, 2015 (FY2015) from Rs. 9,810 crore (US$ 1.6 billion) for the year ended March 31, 2014 (FY2014)
11% year-on-year increase in consolidated profit after tax to Rs. 1... (more)
Enables users to pay using NFC enabled tag and mobile phones at merchant outlets
Anyone (account holder or not) can avail this facility.
It requires no documentation or branch visit &nbs... (more)
- Offers loans at 9.85% for women borrowers
- Applicants from weaker sections to get home loan at 9.85% too
- Offers loan at 9.90% for all others
- 10 year fixed rate loans up to Rs 30 lacs at 9.90%
ICICI Bank, India’s largest private sector... (more)
ICICI Bank has announced a reduction of 0.25% in the ICICI Bank Base Rate (“I-Base”) with effect from April 10, 2015. The revised rate will be 9.75% p.a. as against 10.00% p.a. at present. With effect from July 1, 2010, interest rates on new loans and advances, including consumer loans,... (more)
Comments of Ms Chanda Kochhar, MD & CEO, ICICI Bank on RBI credit policy:
“The policy statement has articulated confidence in the economic scenario and the positive direction in which the economy is moving. There are a number of positive policy measures, such as enh... (more)
First private sector bank in the country to achieve the milestone
Largest branch network among private sector banks of 4050 branches
Also inaugurates 1000th self-service kiosk for cash deposit branch
Longest working hours from 9am – 6pm. Specialised branches op... (more)
ICICI Bank, India's largest private sector bank, organized a coin exchange mela at Federation of Jharkhand Chamber of Commerce & Industries (FJCCI) in Ranchi, under the guidance of the Reserve Bank of India.
The Bank periodically organises Coin Exchange Melas t... (more)
-- First bank in Bahrain to offer kiosk based money transfer to India
-- Funds can be transferred by anyone, including non –customers of ICICI Bank, to over 100 banks in India, round-the-clock, 365 days a year
ICICI Bank, India’s largest private sect... (more)
