Search For "icici"
State development loans face weak demand for seventh straight auction: ICI
Updated : 6 months, 4 weeks 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 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 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, 1 week 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, 1 week 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, 1 week 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, 1 week 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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Infidigit and ICICI Prudential lead the Shift to AI-Driven SEO with Breakt
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 29: In a landmark collaboration with ICICI Prudential Life, Infidigit, one of India's leading SEO agencies, is setting a new standard in search marketing by moving beyond traditional SEO and delivering results through AI-powered strategies. With a team of o
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India's industrial output to stay weak amid geopolitical issues affecting
Updated : 7 months, 1 week 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, 1 week 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, 1 week 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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Indian equities rise on strong banking earnings; investors eye India-US tr
Updated : 7 months, 1 week ago IST
At the end of the trading session, BSE Sensex was up 442.62 points or 0.54 per cent at 82,200.34, and the Nifty 50 at National Stock Exchange (NSE) was up 122.30 points or 0.49 per cent at 25,090.70.
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