Search For "icici bank"
Rice sowing crosses 109% of normal area as good Monsoon boosts Kharif sowi
Updated : 7 months ago IST
India's rice sowing during the ongoing monsoon season has surpassed expectations, reaching 109 per cent of the normal sown area, according to a report by ICICI Bank.
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Monsoon surplus continues in India with record 101% of normal rainfall
Updated : 7 months, 1 week ago IST
India's cumulative rainfall remains in surplus this monsoon season, standing at 101 per cent of the long-period average (LPA), a notch higher than last week's 100 per cent, according to a report by ICICI Bank Global Markets.
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State development loans face weak demand for seventh straight auction: ICI
Updated : 7 months, 1 week ago IST
State Development Loans (SDLs) continued to see subdued investor appetite for the seventh consecutive week, while central government securities (G-secs) witnessed better demand, especially for the newly introduced 30-year tenor, according to a report by ICICI Bank.
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ICICI Bank rolls back decision on minimum account balance, slashes it to R
Updated : 7 months, 1 week ago IST
In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000.
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RBI does not regulate minimum balance requirements for banks: RBI Governor
Updated : 7 months, 2 weeks ago IST
The minimum balance requirements for saving accounts does not come under the regulatory domain of the Reserve Bank of India (RBI), banks decide it as per their own business needs, stated RBI Governor Sanjay Malhotra on questions of ICICI Bank raising minimum balance requirement in saving acc
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States' fiscal deficit at 1.8% of GSDP in Q1FY26, capex momentum strong: R
Updated : 7 months, 2 weeks ago IST
The combined fiscal deficit of 24 Indian states, representing nearly 92 per cent of the country's GDP, reached Rs 1.5 trillion or 1.8 per cent of GSDP in the first quarter of 2025-26 - April-June, according to a report by ICICI Bank Global Markets.
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ICICI Bank raises minimum balance requirement for savings accounts
Updated : 7 months, 2 weeks ago IST
ICICI Bank has significantly increased the minimum average balance requirement for its savings accounts across all branch categories, with the new rules effective from August 1, 2025.
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Rupee may depreciate to 88.5 per USD amid fresh US tariffs: Report
Updated : 7 months, 2 weeks ago IST
The Indian Rupee is likely to weaken further to 88.5 per U.S. dollar following the imposition of fresh tariffs by U.S. President Donald Trump, according to a report by ICICI Bank.
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US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Ba
Updated : 7 months, 2 weeks ago IST
The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased, but the final decision will depend on upcoming economic data, according to a recent report by ICICI Bank.
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India's industrial output to stay weak amid geopolitical issues affecting
Updated : 7 months, 2 weeks ago IST
India's industrial outlook is expected to remain weak in the near term as due to above normal monsoon mining and electricity output are expected to stay subdued, according to a report by ICICI Bank
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Uneven rainfall distribution may cause supply shock in crop prices: ICICI
Updated : 7 months, 2 weeks ago IST
The report highlighted that crop damage in certain regions, where rainfall has been deficient, could lead to upward pressure on prices.
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Ex-ICICI Bank CEO Chanda Kochhar found guilty of Rs 64 Crore Bribery
Updated : 7 months, 2 weeks ago IST
An appellate tribunal has found former ICICI Bank CEO Chanda Kochhar guilty of accepting Rs 64 crore as bribe in exchange for sanctioning a Rs 300 crore loan to the Videocon Group in 2009, an ED official told ANI.
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