Mumbai, Jan 30 : The ICICI Bank Friday said its consolidated net profit increased by 14 percent to Rs.3,265 crore for the quarter ending Dec 31 compared with Rs.2,872 crore for the same period during the last fiscal.
New Delhi, Jan 24 : Prime Minister Narendra Modi has congratulated all bankers through an email for the success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) and rolled out a roadmap for the future, an official statement said here Saturday.
Mumbai, Jan 23 : During 2014, Priyanka Chopra was seen in two films -- action crime thriller "Gunday" and "Mary Kom". But this year, she'll be seen in four different kind of films and the National Award-winning actress is looking forward to it.
New Delhi, Jan. 20 : Public sector bank employee unions have deferred their four-day strike that was to begin from Wednesday.
Mumbai, Jan 19 : Following its interest rate cut last week after nearly two years, the Reserve Bank (RBI) Monday asked banks to notify the base, or minimum, lending rate at least once every three months based on cost of funds.
Kolkata, Jan 19 : India's largest private sector bank ICICI Bank Monday said it has launched banking service on Twitter which allows customers to transfer money using the social networking site.
Mumbai, Jan 17 : Indian Overseas Bank (IOB), Chennai, struck top form after the break to overcome Bhavnagar Youngsters by a convincing 64-46 margin in a men's semi-final league match of the Rs.5 lakh 10th Savio Cup All-India Basketball Tournament here Saturday.
Canberra, Jan 15 : An Australian bank said Thursday it has signed an agreement with State Bank of India (SBI), the country's largest lender, to increase cooperation in project finance, migrant banking and international payments between banks, a media report said.
New Delhi, Jan. 15 : Finance Minister Arun Jaitley on Thursday hailed the Reserve Bank of India's decision to cut down repo rate by 25 basis points, saying it is a positive move for the Indian economy and will certainly help in reviving the investment cycle.
Mumbai, Jan.15 : The Reserve Bank of India surprised everybody on Thursday by cutting the Repo Rate by 25 basis points to 7.75 percent from 8 percent, ahead of its February 3 policy review.
New Delhi, Jan 15 : With inflation showing signs of easing, the Reserve Bank of India (RBI) on Thursday reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect;
New Delhi, Jan 15 : The Reserve Bank of India (RBI) Thursday cut the repo rate at which it lends to commercial banks by 25 basis point from 8 percent to 7.75 percent with immediate effect.
Mumbai Jan 14 : Private sector bank ICICI Bank has announced the launch of a completely online account opening facility, for NRIs (Non Resident Indian) residing in the US.
Mumbai, Jan 13 : Reserve Bank of India Governor Raghuram Rajan has been named "Governor of the Year" by British magazine Central Banking.
Chennai, Jan 13 : Indian markets regulator SEBI has sought a clarification from Axis Capital Ltd., the merchant bankers, for Videocon d2h Ltd.'s Rs.700 crore initial public offer (IPO), the regulator said.
Chennai, Jan 8 : Shareholders of private sector ING Vysya Bank and Kotak Mahindra Bank Ltd have accorded their sanction to the scheme of amalgamation of the former with the latter at their respective Extraordinary General Meetings (EGM) held Wednesday, the banks said.
Chennai, Jan 7 : The unions in the banking sector have not actually scaled down their initial demands drastically though it may seem so in the light of a 1.5 percent increase in the offer by the Indian Banks' Association (IBA), a union leader said Wednesday.
Mumbai, Jan 7 : Private sector bank ICICI Bank on Wednesday announced the launch of 'contactless' debit and credit cards, enabling its customers to make electronic payments by just waving the cards near the merchant terminal in lieu of dipping or swiping them.
Chennai, Jan 6 : Unions in the banking sector Tuesday decided to defer their Jan 7 national strike with the Indian Banks'Association (IBA) upping its hike offer by 1.5 percent to 12.5 percent, said a union leader.
Chennai, Jan 5 : Unions in the banking sector and the Indian Banks Association (IBA) will continue their wage negotiations Tuesday in Mumbai, said a top union official.
Pune, Jan. 3 : Asserting that the banking sector of a country mirrors its economic rise, Prime Minister Narendra Modi on Saturday said Japan and China had the top ten banks of the world during their economic rise.
Chennai, Jan 3 : Unions in the banking sector are hoping for a breakthrough in their wage revision negotiations, said a union official Saturday.
Pune, Jan 3 : Prime Minister Narendra Modi Saturday called upon India's banking sector to establish banks which are world-class and rank among the top in the world.
Mumbai, Jan. 2 : Prime Minister Narendra Modi on Friday congratulated the ICICI group for launching its 'Digital Village' project and adopting a village in Gujarat, dedicating it to the nation.
Pune, Jan 2 : The Jan Dhan scheme has facilitated opening of 10.3 crore bank accounts, while nearly 99 percent of households have been covered, the financial services secretary Hasmukh Adhia said Friday.
Pune, Jan 2 : The government is looking at ways to improve the functioning of banks and make it easier for them to raise capital, financial services secretary Hasmukh Adhia said here Friday.
Chennai, Jan 2 : R. Koteeswaran has taken charge as managing director and chief executive officer of the government-owned Indian Overseas Bank (IOB), it was announced Friday.
Chennai, Jan 1 : Cautioning the public against multi-level marketing (MLM) activities, the Reserve Bank of India (RBI) Thursday said income under such schemes mainly comes from enrolling new members at high subscription.
Pune, Jan 1 : Top bankers, insurers, financial sector regulators and finance ministry officials will meet here from Friday for a two-day "retreat" to discuss plans for revitalising the banking sector.
Mumbai, Jan 1 : State-owned Canara Bank Thursday said it has appointed its executive director V.S. Krishnakumar as the interim managing director and CEO for three months in accordance with the central government directives.