May 13, 2021 07:37 PM IST
The Reserve Bank of India (RBI) in 2018 had forbidden banks from dealing in all transactions related to bitcoin and other such assets.
- May 11, 2021 02:54 PM IST
Dolat Capital Market is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 700 in its research report dated April 24, 2021.
- May 04, 2021 10:36 AM IST
The RBI on May 3 imposed a penalty of Rs 3 crore on the private lender for violating certain directions issued by the central bank.
- May 03, 2021 08:46 PM IST
The penalty has been imposed for contravention of certain directions issued by the RBI on ‘Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks’, the RBI said in a release.
- Apr 30, 2021 09:17 AM IST
These days cyber criminals are using emails, QR code scanners and fake customer care callers as these are some major phishing tools and has advised customers to remain away from such things.
- Apr 28, 2021 07:39 PM IST
Banks are aggressively shifting to retail loans, which makes sense at this point. But, the bet could boomerang if COVID second wave gets prolonged and vaccination drive doesn’t progress as planned.
- Apr 26, 2021 09:29 PM IST
ICICI Bank, India’s second largest private bank, doubled its profit in FY21. The bank's bottom line performance was aided by receding asset quality woes along with strong loan growth. So, how did ICICI Bank emerge stronger from the pandemic-induced economic crisis? Find out as we deep-dive into the company’s earnings report and analyse if there is more room for the stock to rally.
- Apr 26, 2021 10:02 AM IST
FY21 earnings amid the crisis reflect start of a growth phase for ICICI Bank, shrugging off asset quality woes of the past
- Apr 26, 2021 09:44 AM IST
The private sector lender clocked a 260.5 percent year-on-year growth in standalone profit at Rs 4,402.61 crore. NII grew by 16.9 percent to Rs 10,431.13 crore in Q4FY21 compared to Rs 8,926.9 crore in Q4FY20.
- Apr 24, 2021 08:34 PM IST
During the call with reporters post the Q4 result announcement, ICICI Bank suggested there could be some impact due to COVID going ahead but it has a war chest ready to face the uncertainty.
- Apr 24, 2021 06:07 PM IST
On the asset quality front, the lender said the net NPA ratio declined to 1.14 percent during the quarter under review from 1.26 percent (on a proforma basis at December 2020.)
- Apr 24, 2021 07:58 AM IST
Bank to announce Q4FY21 results tomorrow. One brokerage firm says it expects bank to post strong pre-provision operating profit growth on improved NII and advances traction. Bank shares have rallied 8.3 per cent in CY21 so far and jumped 64 per cent in the last one year.
- Apr 23, 2021 09:13 AM IST
ICICI Prudential Life is expected to clock superior growth in the current fiscal, helped by scale-up of product distribution partnerships
- Apr 15, 2021 05:00 PM IST
Net Interest Income (NII) is expected to increase by 14.3 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs 10,205 crore, according to Sharekhan.
- Apr 14, 2021 05:13 PM IST
As the surge in COVID-19 infections take hold, the banking industry faces a trial by fire. But there are still some names that can stand tall amid this scare. In this edition of Ideas For Profit we focus on some of the banking stocks where investors can bet during these tough times
- Apr 14, 2021 09:31 AM IST
Large private banks have 0.7-2.0 per cent of loans as additional contingent provisions
- Apr 09, 2021 10:54 AM IST
The ICICI bank has advised: 'never share your contact details publicly on any social media platform as it is sensitive personal information'
- Apr 07, 2021 09:52 AM IST
We have compiled the current fixed deposit interest rates of top lenders in India.
- Apr 06, 2021 08:28 PM IST
Net Interest Income (NII) is expected to increase by 15.4 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 10,297.2 crore, according to Prabhudas Lilladher.
- Mar 25, 2021 01:06 PM IST
Deepak Kochhar was arrested by Enforcement Directorate (ED) in September last year.
- Mar 24, 2021 01:00 PM IST
The 'EMI @ Internet Banking' facility will help customers convert high-value transactions into easy EMIs
- Mar 23, 2021 12:15 PM IST
Dolat Capital Market is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 770 in its research report dated March 22, 2021.
- Mar 16, 2021 06:31 PM IST
SBI and IOCL reached an important milestone in LIBOR transition with $100 million deal for five years.
- Mar 16, 2021 10:55 AM IST
With the help of UPI-Help, users can register complaints online using their BHIM UPI app for UPI transactions as well as resolve complaints online for person-to-person transactions.
- Mar 10, 2021 11:49 AM IST
Other companies including Infosys, Capgemini, Flipkart, TVS Motor Company, and ReNew Power have also committed free vaccines to their employees and their immediate family members.