These employees form over 80 percent of its overall workforce and the decision has been taken in recognition of the services rendered during the COVID-19 pandemic, the sources told PTI.
The bank has released ‘Insta Loans against Mutual Funds’ in partnership with ‘Computer Age Management Services’ (CAMS).
It is a part of the payment app’s effort to get into a multi-bank partnership model to reduce dependence on one bank.
The private sector lender said the voice-based facility comes close on the heels of its new digital initiatives such as WhatsApp chat-based ICICIStack aimed at providing uninterrupted banking services
The private sector lender helped set up systems up and running within 36 hours. An account of how ICICI did it.
SAT had earlier directed SEBI to hear Bajaj Finance's plea and pass an order by December 10.
The credibility of the banking sector is badly hit by the revelations of fraud at the topmost level of management. It will not be easy for the sector to gain the investors' trust again.
Kochhar arrived before the Enforcement Directorate's office here in Khan Market shortly before her scheduled appearance time of 11 am, official sources said.
ICICI Lombard has bounced back from its support level on good volume, the stock can move higher
11,550 is the immediate support but a break below it will take the index to 11,300 to 11,200.
The ED has also been investigating into NU Power's overseas dealings and in particular, its relationship with the Matix group.
It is interesting to note that RBI’s capital has remained unchanged, but its reserves have changed significantly over the years
Emails leaked on social media suggest that top executives who sell insurance products to customers were sent on all-expenses paid foreign trips and were gifted gold coins.
Domestically, the earnings from corporate banks have been positive driving the market forward.
Bharghav Dasgupta, MD & CEO of ICICI Lombard, spoke to CNBC-TV18 about the quarterly results and business plans
The rate hike by the banks comes a month after the RBI hiked benchmark lending rate called repo rate by 25 basis points to 6.5 percent
In terms of section 152 of the Act and Articles of Association of the Company, Chanda Kochhar would retire by rotation at the forthcoming AGM and is eligible for re-appointment.
Minister of State for Corporate Affairs P P Chaudhary said in a written reply to the Rajya Sabha yesterday said that "SFIO receives various complaints against companies. Complaints have been received against Mehul Choksi, ICICI and L&T".
Net Sales are expected to increase by 17.3 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 3,016.5 crore, according to ICICI.
Net Sales are expected to increase by 14.6 percent Y-o-Y (down 2.3 percent Q-o-Q) to Rs. 1,178.9 crore, according to ICICI.
Net Sales are expected to increase by 5.9 percent Y-o-Y (down 6.6 percent Q-o-Q) to Rs. 954.1 crore, according to ICICI.
Net Sales are expected to increase by 5.3 percent Y-o-Y (down 12.2 percent Q-o-Q) to Rs. 1,097.1 crore, according to ICICI.
Net Sales are expected to decrease by 5.8 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 1,377 crore, according to ICICI.
Net Sales are expected to increase by 11.2 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 479.9 crore, according to ICICI.