926 bank branches to accept advance income tax
August 22nd, 2012 - 8:47 pm ICT by IANS
Mumbai, Aug 22 (IANS) In a bid to make tax filing easier, the Reserve Bank of India (RBI) Wednesday directed 926 branches of public and private sector banks in Mumbai ... Read more...
Posted in Uncategorized |
City Union Bank to raise Rs.250 crore through rights issue
August 3rd, 2012 - 6:03 pm ICT by IANS
Chennai, Aug 3 (IANS) City Union Bank will raise Rs.250 crore through a rights issue this year to meet its growing business needs and capital adequacy ratio (CAR), said a ... Read more...
Posted in Business |
Federal Bank to sell Bangalore metro rail tickets
May 29th, 2012 - 12:09 am ICT by IANS
Bangalore, May 28 (IANS) Leading private sector bank Federal Bank Ltd Monday tied up with the state-run Bangalore Metro Rail Corporation Ltd (BMRCL) for automatic fare collection at 13 ... Read more...
Posted in Business |
Airtel, ICICI among ‘top 100 global brands’
May 23rd, 2012 - 9:49 pm ICT by IANS
New Delhi, May 23 (IANS) Indian telecom major Bharti Airtel and private sector bank ICICI Bank have been included in the 'BrandZ list' of the top 100 most-valuable global brands ... Read more...
Posted in Sci-Tech |
Denied bank loan, Kerala nursing student ends life
April 30th, 2012 - 6:37 pm ICT by IANS
Kottayam, April 30 (IANS) A Kerala nursing student, who poisoned herself after failing to secure an education loan, died at a medical college here Monday.Shruthi Srikanth was a bright student, ... Read more...
Posted in Uncategorized |
Sensex closes flat; ICICI rallies on Q4 earnings (Roundup)
April 27th, 2012 - 6:42 pm ICT by IANS
Mumbai, April 27 (IANS) A benchmark index for Indian equities markets Friday closed flat amidst choppy trade. ICICI Bank emerged the top gainer after the private lender announced robust ... Read more...
Posted in Business |
Anup Jacob’s mother delighted at his by-poll win
March 21st, 2012 - 7:07 pm ICT by IANS
Thiruvananthapuram, March 21 (IANS) With his victory in the Piravom by-election, Anup Jacob is following in the footsteps of his father and grandmother, who were also legislators in the Kerala ... Read more...
Posted in Uncategorized |
Yes Bank opens branch in Kerala
February 16th, 2012 - 8:13 pm ICT by IANS
Thiruvanathapuram, Feb 16 ( IANS) The country's fourth largest private sector bank, Yes Bank, opened its flagship state-of-the-art branch in the state capital Thursday.Minister of state for Finance K.M. Mani ... Read more...
Posted in Business |
RBI, 926 branches of banks to accept advance income tax
November 10th, 2011 - 2:04 pm ICT by IANS
Mumbai, Nov 10 (IANS) The Reserve Bank of India (RBI) and 926 computerised branches of public and private sector banks will receive advance income tax in Mumbai in a bid ... Read more...
Posted in Business |
Nooyi, Shikha Sharma, Chanda Kocchar among 100 most powerful women
October 7th, 2010 - 10:06 am ICT by IANS
By Arun Kumar
Washington, Oct 7 (IANS) Two Indian women have made it to Forbes list of world's 100 most powerful women with US First Lady Michelle Obama at the top ... Read more...
Posted in Business |
ICICI Bank to strenghten ties with Rajasthan
October 6th, 2010 - 8:03 pm ICT by IANS
Jaipur, Oct 6 (IANS) ICICI Bank Wednesday announced a series of initiatives to strengthen its association with Rajasthan post its integration with Bank of Rajasthan.The initiatives includes a data recovery centre and ... Read more...
Posted in Business |
Bank employees in Rajasthan to strike work Monday
June 18th, 2010 - 7:36 pm ICT by IANS
Mumbai, June 18 (IANS) Banking operations in Rajasthan are set to be paralysed Monday with all bank employees threatening to boycott work in support of the three-day strike by Bank of Rajasthan ... Read more...
Posted in Business |
Bank of Rajasthan staff protest merger with ICICI Bank
June 4th, 2010 - 7:49 pm ICT by IANS
Mumbai, June 4 (IANS) Over 4,300 employees of the Bank of Rajasthan Friday started a two-day all-India strike in protest over its proposed take-over by the ICICI Bank, a union office-bearer ... Read more...
Posted in Business |
Bank of Rajasthan to merge with ICICI
May 18th, 2010 - 9:50 pm ICT by IANS
New Delhi, May 18 (IANS) Private sector Bank of Rajasthan (BoR) Tuesday said its board has approved merger with India's largest private sector lender, ICICI Bank, through a share swap.
BoR's managing ... Read more...
Posted in Business |
HDFC, Emirates NBD sign online money transfer deal
May 3rd, 2010 - 3:32 pm ICT by IANS
Dubai, May 3 (IANS/WAM) The United Arab Emirates (UAE) based Emirates NBD has joined hands with HDFC Bank to help Indian clients remit money to India online -- and fast.
Indian nationals residing ... Read more...
Posted in Business |
Our ambassador Mammootty quite young: South Indian Bank
March 23rd, 2010 - 6:06 pm ICT by IANS
Thiruvananthapuram, March 23 (IANS) The South Indian Bank (SIB) does not consider 56-year-old Malayali superstar Mammootty as an ageing brand ambassador.
SIB managing director and chief executive officer V.A. Joseph said Tuesday that ... Read more...
Posted in Entertainment |
Deal between Sri Lankan, Kerala banks
March 21st, 2010 - 5:53 pm ICT by IANS
Thiruvananthapuram, March 21 (IANS) Kerala-based South Indian Bank (SIB) will Tuesday ink an agreement with Hatton National Bank (HNB), the largest private sector bank in Sri Lanka, to enable the exchange of ... Read more...
Posted in Business |
More state-owned banks reduce lending rates (Lead)
December 29th, 2008 - 8:50 pm ICT by IANS
New Delhi, Dec 29 (IANS) Dena Bank, Punjab National Bank (PNB) and Bank of Baroda will reduce their benchmark prime lending rates (BPLR) from Jan 1, the three state-owned banks announced Monday.Dena ... Read more...
Posted in Uncategorized |
Management change in ICICI in May under Kochar
December 19th, 2008 - 6:00 pm ICT by IANS
Mumbai, Dec 19 (IANS) ICICI Bank, India's largest private sector bank, will see structural changes in its management next May, chief executive-designate Chanda Kochar said here Friday. "There would be no changes ... Read more...
Posted in Business |
Chanda Kochar next ICICI Bank chief executive
December 19th, 2008 - 5:53 pm ICT by IANS
Mumbai, Dec 19 (IANS) ICICI Bank, India's largest private sector bank, Friday said joint managing director Chanda Kochar will succeed K.V. Kamath as the bank's managing director and chief executive. The appointment ... Read more...
Posted in Business |
Chanda Kochar is ICICI Bank’s new chief executive (Lead)
December 19th, 2008 - 5:52 pm ICT by IANS
Mumbai, Dec 19 (IANS) ICICI Bank joint managing director Chanda Kochar was Friday named the bank's next chief executive. She will assume charge May 1 from K.V. Kamath, who will take over ... Read more...
Posted in Business |
Rate cuts to happen soon, predicts ICICI Bank chief
November 18th, 2008 - 4:04 pm ICT by IANS
New Delhi, Nov 18 (IANS) ICICI Bank, India's largest private sector bank, believes interest rates would come down further."The interest rate is a subject of demand and supply, it will take a ... Read more...
Posted in Business |
Bihar police probe fraud of Rs.79 mn
November 10th, 2008 - 5:23 pm ICT by IANS
Patna, Nov 10 (IANS) Bihar police have begun probing a fraud case involving a Punjab National Bank (PNB) cashier, who is alleged to have fled with Rs.79 million deposited with the nationalised ... Read more...
Posted in Business |
Kolkatans feel sense of ‘colossal loss’ at Nano pullout
October 4th, 2008 - 3:19 pm ICT by IANS
Kolkata, Oct 4 (IANS) The dismay and shock are yet to get over. For the people of Kolkata, the finality of Tata Motors' decision to shift the Nano small car project out ... Read more...
Posted in Business |
Banking sector crippled for second consecutive day (Roundup)
September 25th, 2008 - 8:58 pm ICT by IANS
New Delhi, Sep 25 (IANS) India's banking industry was crippled for the second consecutive day Thursday as more than 800,000 bank employees and officers continued their strike in protest against privatisation, merger ... Read more...
Posted in Business |
Banking sector crippled for second consecutive day
September 25th, 2008 - 4:28 pm ICT by IANS
New Delhi, Sep 25 (IANS) The country's banking industry was crippled for the second consecutive day Thursday as more than 800,000 bank employees and officers across India continued their strike opposing privatisation, ... Read more...
Posted in Business |
Equity markets post gains for the week (Weekly Market Roundup)
August 30th, 2008 - 2:30 pm ICT by IANS
Mumbai, Aug 30 (IANS) Indian equity markets registered gains for the week, piggybacking on the decline in inflation rate and strong global markets. Out of five trading sessions, three ended positive.Inflation based ... Read more...
Posted in Uncategorized |
‘Economy to grow at 8-9 percent, inflation to moderate’ (Lead)
August 26th, 2008 - 8:51 pm ICT by IANS
New Delhi, Aug 26 (IANS) Finance Minister P. Chidambaram Tuesday told heads of industry that the economy would grow eight to nine percent and inflation would start easing from October.“The finance minister ... Read more...
Posted in Uncategorized |
ICICI launches branch-free banking
July 7th, 2008 - 9:50 pm ICT by IANS
Mumbai, July 7 (IANS) India's largest private sector bank ICICI Monday became the first bank in the country to launch 'B-2 Branch-free Banking'. ICICI bank executive director V. Vaidyanathan told reporters here: ... Read more...
Posted in Business |
HDFC hikes lending rate
June 21st, 2008 - 5:27 pm ICT by IANS
Mumbai, June 21 (IANS) Private sector bank HDFC has increased its benchmark prime lending rate (PLR) by 25 basis points. According to a HDFC spokesperson, the bank has increased its PLR to ... Read more...
Posted in Business |
India’s growth rate can jump to 10 percent: Kamath
June 19th, 2008 - 6:46 pm ICT by IANS
By Dipankar De Sarkar
London, June 19 (IANS) The Indian economy is on course to achieving a 10 percent growth rate "over a sustained period", India's most powerful private sector banker said here ... Read more...
Posted in World |
HDFC Bank ties up with Qatar National Bank
June 1st, 2008 - 1:52 pm ICT by admin
Dubai, June 1 (IANS) India's HDFC Bank has tied up with Qatar National Bank (QNB) to offer a range of products and services to expatriate Indians in Qatar. "The alliance with QNB ... Read more...
Posted in World |
ICICI Bank to adopt wait-and-watch policy on interest rate
May 27th, 2008 - 8:08 pm ICT by admin
Kolkata, May 27 (IANS) India's leading private sector bank ICICI Bank Tuesday said it would prefer to wait before revising interest rates on term deposits. "We have to watch carefully before taking ... Read more...
Posted in Business |
India’s Axis Bank opens representative office in Dubai
May 4th, 2008 - 9:25 pm ICT by admin
Dubai, May 4 (IANS) Leading Indian private sector bank Axis Bank opened a representative office here Sunday to promote its retail NRI products. "This further extends our presence in international markets, as ... Read more...
Posted in World |
ICICI Bank to attract remittances from Yorkshire
March 21st, 2008 - 4:13 pm ICT by admin
London, March 21 (IANS) ICICI Bank UK Plc, a wholly-owned subsidiary of India's largest private sector bank, has opened its ninth British branch in Leeds, a large city in Yorkshire. Prominent members ... Read more...
Posted in World |