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Thursday, July 24, 2025
TopicICICI Bank

Topic: ICICI Bank

Indian banks ‘unprepared’ for climate-related risks, RBI must take action, new report says

None of the 34 banks Climate Risk Horizons analysed have assessed the resilience of their portfolios in the face of climate change. Only 2 have committed to stop funding new coal power plants.

Rupee won’t keep up its strong start to 2022, ICICI Bank says

With foreign inflows that have helped it appreciate at the start of the year beginning to ebb in coming months, rupee is likely to weaken.

Court grants bail to ex-ICICI Bank CEO Chanda Kochhar in money laundering case

The special PMLA court asked ED to file its reply on Chanda Kochhar's bail application, filed in connection with the ICICI Bank-Videocon money laundering case.

SC rejects Chanda Kochhar’s appeal against being removed as CEO of ICICI Bank

The SC bench was hearing Kochhar's appeal against the Bombay HC order which had dismissed her plea and said the matter falls within the realm of private bank and employee.

ED assures Supreme Court of no coercive action against Chanda Kochhar in PMLA case

Solicitor General Tushar Mehta informed the apex court bench that ED won't take this action in pursuance of the ECIR registered in ICICI Bank-Videocon Group case.

Higher interest, processing fee — How banks are making hay amid Covid as customers take a hit

From levying charges on cash deposit to processing fee on debt recast, both public and private lenders are finding a way to boost revenue.

ICICI Bank’s profits jump six-fold for July-September quarter

The bank's net interest income increased by 16 per cent year-on-year to Rs. 9,366 crore in this year's second quarter from Rs 8,057 crore in last year's second quarter.

After HDFC & ICICI banks, Axis to now give salary hikes while others cut jobs and pay

Axis Bank Ltd. will increase staff salaries between 4% and 12% from October 1 based on performance, according to people with knowledge of the plans.

RBI won’t allow rupee to rise sharply despite high consumer inflation, ICICI says

Perception that RBI was cutting dollar purchases was accentuated by comment from policy makers that appreciating rupee had helped tackle imported inflation.

ED questions Deepak Kochhar over ‘new evidence’ of money trail in 6 ICICI loans to Videocon

Deepak Kochhar was arrested late Monday. He is being questioned in Mumbai but has been ‘evasive’, says ED. His counsel calls the arrest ‘illegal’.

On Camera

China was quick to test the nuclear bomb. India missed vital landmarks

India had a nuclear research programme at the Tata Institute of Fundamental Research, months before the US’ test. Eight decades later, it is light years away from that early vision.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Indian firm sets up titanium, superalloy plants to meet global need. Safran, Dassault, BAE line up

PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.