Tag: ICICI bank

Which special FD scheme will yield more

SBI vs HDFC Bank vs ICICI Bank vs BoB: In the wake of Covid-19, the deadline for Special FD (fixed deposit) Scheme for senior citizens...

ICICI Bank is back as mutual funds’ favoured pick on valuations, growth

has emerged as one of the top holdings of domestic equity mutual funds in the past year after falling out of favour for a while....

ICICI bank: S&P revises ICICI Bank outlook to stable from negative

NEW DELHI: S&P Global Ratings on Friday said it has revised the rating outlook on to stable from negative on grounds that the lender will...

BSE: BSE is a fintech company in the guise of a stock exchange; we are getting into newer businesses: Ashishkumar Chauhan

Somewhere down the line, many of our businesses which we have incubated for 10-years plus will give us great results going forward, says Ashishkumar Chauhan,...

IDFC First Bank cuts rate on savings account: Options for retail depositors

IDFC First Bank was the only bank that used to offer 6% interest rates to small depositors -– those maintaining a balance of below ₹1...

SBI, ICICI Bank, PNB warn customers against online fraudsters

In a bid to ensure safety of the hard earned money of its customers, various Indian banks have issued warning messages against the online fraudsters....

Nifty today: SGX Nifty jumps 143 points; here’s what changed for market while you were sleeping

With the US Federal Reserve shrugging off tapering talks and maintaining an accommodative policy stance, domestic stocks may see a gap-up start to Thursday’s trade....

SBI | HDFC Bank: ICICI Bank, SBI and Axis to outshine HDFC Bank, Kotak over next 5 years: Hemang Jani

The net profit that reported from FY17 to FY21, would be less than the number that Axis Bank is expected to report in FY22, says...

SBI | ICICI Bank: How to spot value amid volatility: Samir Arora

“I strongly believe that — because the play book is there, because the end game is people getting vaccinated and the vaccination is working per...

How SBI, ICICI, Kotak, BoB, RBL Bank account holders can withdraw cash at ATMs without debit cards

Cardless cash withdrawal service is a simple and safe mode to withdraw cash 24×7, anywhere in India. State Bank of India (SBI), ICICI Bank, Kotak...

ICICI Bank cuts home loan rates. Details here

ICICI Bank today announced that it has reduced the home loan interest rate to 6.70%. The revised interest rate, the lowest in 10 years by...

Rates have bottomed out, RBI may go on a long pause

The year 2021 is promising to be a better one than 2020. But there are challenges that a recovery poses like price pressures and hardening...

Chanda Kochhar told Dhoot to invest in hubby’s co: ED | India News

MUMBAI: Former head of ICICI Bank Chanda Kochhar had in 2009 told Videocon group chairman V N Dhoot, whose loan applications had been pending with...

Home loans beat five-month lull, see double-digit growth between September and October

KOLKATA: Fresh home mortgages surged in India over the past two months, in line with the phased unshackling of the economy, indicating that demand remains...

icici bank share price: ICICI Bank jumps 6% post Q2 results; analysts see up to 66% upside in 12 months

NEW DELHI: Shares of ICICI Bank climbed 6 per cent in Monday’s trade after a host of brokerages raised the targets on the stock following...

ICICI Bank Q2 takeaways: Record profit, prudent provisioning & more

NEW DELHI: A record net profit, an improvement in asset quality, a fall in sequential provisioning, recovery in disbursements to pre-Covid levels, soft NIM and...

ICICI Bank Q2 results: Net profit jumps six-fold to Rs 4,251 crore; NII rises 16% to Rs 9,366 crore

NEW DELHI: ICICI Bank on Saturday reported a six-fold jump in its net profit at Rs 4,251 crore for the September quarter. The private lender...

Five Nifty firms that may clock 100-500% profit growth in Q2

NEW DELHI: The economic recovery since the June quarter– one of the worst in India’s corporate history – would not be enough to drive Nifty50’s...

As interest rates head south, it may be time to shift your savings bank account

For instance, the State Bank of India offers 2.7% on savings accounts and ICICI Bank offers 3% on savings accounts (3.5% on balances more than...

These alternatives can give you better returns than bank fixed deposits

Private sector lender HDFC Bank has joined other big banks in reducing the interest rates on fixed deposits (FDs). Now, its FD rates are similar...

Prateek Agarwal on what he bought and sold between February and August

We have actually bumped up our financial sector exposure mostly on the retail side, in all three places — NBFCs, banks and insurance, says Business...

Home loan rates of public sector banks turn attractive

Starting 1 July 2020, the State Bank of India is offering home loans starting at 6.95%. This will be the second-lowest rate for home loans...

Planning to opt for EMI moratorium extension? Here’s what you need to know

The Reserve Bank of India (RBI) has extended the EMI moratorium period for three months from June to August in order to provide relief to...

Check rules, charges and how to apply

Following the guidelines of Reserve Bank of India, the ICICI Bank has extended moratorium till August 31. This moratorium will be applicable for the principal...

Kotak Mahindra Bank: Prudent lenders like Axis Bank & Kotak Bank should keep some powder dry: SBICap Securities

As the lockdown gets extended, the income shocks are likely to go up as well and will play out in the credit cost, says Krishnan...