India News
Search Web Directory
ICICI Bank Related news
Mutual funds shun TCS, ICICI Bank, Avenue Supermarts in April
Posted on 18th May 2018
Mumbai: Even when the market rose 6.65% in April, mutual funds’ top stock sales in the month in the large-cap space included software exporter Tata Consultancy Services Ltd (TCS), private lender ICICI Bank Ltd. and supermarket chain Avenue Supermarts Ltd.

Mutual funds invested a net of Rs9,435.64 crore in Indian equities in April, data from Securities and Exchange Board of India (Sebi) showed.

Lok Ranjan to continue as govt nominee on ICICI Bank board
Posted on 12th May 2018
Lok Ranjan, a senior bureaucrat, will continue to be the government’s nominee on the ICICI Bank’s board despite his transfer from the department of financial services (DFS) to the department of personnel and training (DoPT), financial services secretary Rajeev Kumar said on Friday. “Ranjan will continue to be our nominee even though he is going to DoPT. There is no change,” Kumar said, when asked if the government will appoint a new nominee.

ICICI Bank Q4 net profit halves to Rs 10.2 bn, bad loan provisions surge
Posted on 8th May 2018
ICICI Bank on Monday posted a net profit of Rs 10.2 billion for the quarter ended March 2018, against Rs 20.2 billion a year ago, due to a sharp rise in provision for bad loans. The bank’s profit was boosted by a one-time income arising from the sale of shares in its capital market arm, ICICI Securities, to the tune of Rs 33.20 billion.

All eyes on Chanda Kochhar as ICICI board meets
Posted on 7th May 2018
New Delhi: ICICI Bank Ltd’s shareholders expect its board to clarify on conflict-of-interest allegations raised against its chief executive Chanda Kochhar at its Monday meeting to approve the lender’s March quarter earnings, executives from three top asset management companies said.

Court declares ICICI Bank's option contracts with garment exporter as void
Posted on 5th May 2018
A Court in Coimbatore, Tamil Nadu has issued an order against ICICI Bank in a matter involving a set of option contracts submitted by a hosiery garments exporter.

Freelook Fashions, a company that manufactures and exports hosiery garments to United Kingdom and Ireland, had moved the Court to declare eight option contracts that it entered with the bank as void and unenforceable.

ICICI Bank chief Chanda Kochhar makes first public appearance after Videocon loan row
Posted on 28th April 2018
Chanda Kochhar, the embattled chief of ICICI Bank, today made her maiden public appearance this evening after late last month reports emerged about allegations of conflict of interest involving her and her husband in extending loans to the Videocon Group.

ICICI Securities IPO under Sebi scanner
Posted on 24th April 2018
Mumbai: The stock market regulator Securities and Exchange Board of India (Sebi) has sought details of a large investment made by ICICI Prudential Mutual Fund in the flop IPO of affiliate ICICI Securities Ltd, two people aware of the matter said.

ICICI Securities had to cut its IPO size to Rs3,520 crore from the original target of Rs4,017 crore because of poor investor interest. Of this, a large chunk was bought by ICICI MF.

ICICI Bank may face probe over non-disclosures in NuPower deal
Posted on 23rd April 2018
Probe agencies are examining if ICICI Bank should have declared three companies — Pacific Capital Services; Supreme Energy Private Ltd (SEPL) and Pinnacle Energy — as related parties. These companies were involved in transfers of shareholdings in NuPower Renewables Private Limited (NRPL), a company owned by Deepak Kochhar, husband of Chanda Kochhar, the bank’s CEO.

Mutual funds load up on ICICI Bank shares in March after Chanda Kochhar concerns drag stock price
Posted on 16th April 2018
Domestic mutual fund houses loaded up on ICICI Bank shares buying 42 million shares in March, after concerns regarding impropriety involving CEO Chanda Kochhar in Videocon loan dragged the shares sharply last month. Notably, the shares had closed at Rs 313.28 on February 28th. At the end of March, the shares had fallen to Rs 278 as on March 28th (the last trading day in March), implying a near 12% fall.

Videocon loan row: LIC, govt nominee seek meeting with ICICI Bank brass
Posted on 10th April 2018
The Life Insurance Corporation of India (LIC), which holds about a 9.4 per cent stake in ICICI Bank, and the government’s new nominee on the private lender’s board have called a meeting of the bank’s top management this week. This comes against the backdrop of the recent developments in the ICICI Bank-Videocon case and declining investor confidence.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Most Read News

Ex-Infosys independent director Ravi Venkatesan in talks for a big role at Amazon India

TCS expands presence in Arkansas, US

Essar Steel bidding: ArcelorMittal offers to repay Uttam Galva, KSS debt with riders

NPA provisioning to hit PNB results; to report loss of Rs 27 billion in Q4

Ashok Leyland net profit up 40% to Rs 6 bn, total income rises to Rs 88 bn

More India News

Photo Gallery

Lingaa(13 Images)Lingaa
Yamaha Ray Z(10 Images) Yamaha Ray Z.
Sri Divya(12 Images) Sri Divya
  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
About us
Link to us
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2018
    All Rights Reserved
Privacy Statement