Home Business ICICI Bank Customers’ Ultimate Guide to Open Fixed Deposits on iMobile Pay – Check Step-By-Step-Guide Interestingly, fixed deposit investments can help investors achieve various life goals, like building a corpus for retirement, accumulating funds for a big-ticket expenses etc. Opening an FD account online has become easy and hassle-free for customers. New Delhi: … Read more
MUMBAI: The RBI has approved the reappointment of Sandeep Bakhshi as managing director & CEO of ICICI Bank for another three years until October 3, 2026.The private bank’s shareholders had approved his reappointment in the annual general meeting held on August 30. The board had recommended another three-year term for Bakhshi in their meeting in … Read more
Home Business RBI To Launch Digital Rupee Pilot In Call Money Market By October; Check Full List Of Banks Selected The pilot project for the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched on November 1, 2022. The new pilot project will expand the use case of the CBDC to include transactions in … Read more
Mumbai: Private lender ICICI Bank’s proposed bid to delist its broking and investment bank arm might face opposition from a section of the shareholders. While some investors think the conditions to delist ICICI Securities do not favour public shareholders, lawyers are raising questions about the capital markets regulator Securities and Exchange Board of India’s (Sebi) … Read more
Home Business Maharashtra Bank Holiday 2023: Ganesh Chaturthi Leave on September 19 | Check Other Dates Here Ganesh Chaturthi is one of the most widely celebrated festivals in India. Ganesh Chaturthi is dedicated to Lord Ganesha Mumbai: Maharashtra is listed amongst the top industrialised states in the country. Mumbai, which is the capital of the … Read more
Jio Financial Services’ exit from benchmark Nifty and other indices of the NSE effective Thursday, September 7, will unlikely have a ripple effect on Nifty stocks, according to Nuvama. Likening its redistribution to tossing a pebble into a vast market ocean, the brokerage called the exercise “insignificant” to the fortunes of the headline index. The … Read more
Exide Industries Ltd’s Rs 6,000 crore lithium-ion cell manufacturing project has secured a line of credit of Rs 2,000 crore from banks. Exide’s wholly owned subsidiary, Exide Energy Solutions Limited, will be taking the credit facility for rolling out its lithium-ion cell manufacturing and associated projects, which are coming up near Bangalore, a company official … Read more
MUMBAI: Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data.Fresh foreign fund inflows also added to the optimistic trend in the domestic equity market.Extending its previous day’s rally, the BSE benchmark Sensex climbed 243.69 points to 65,630.85 in early trade. The Nifty … Read more
ET Now caught up with KV Kamath, Chairman, ICICI Bank, for his expectations from the Narendra Modi government as well as the Budget. Excerpts: ET Now: Talking of expectations from Narendra Modi, do not you think too much hope and money in essence is riding behind one man? Despite his good intentions, there are structural … Read more
Action in the primary market is expected to remain high next week as well. The mainboard initial public offering (IPO) of TVS Supply Chain Solutions will open on Thursday, July 10. In the SME space, Srivari Spices and Foods will launch its public issue on Monday, August 7. Investors will also have the opportunity to … Read more