News for 'ICICI'

HDFC Bank's Next CEO Faces Big Test

HDFC Bank's Next CEO Faces Big Test

Rediff.com3 days ago

'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Stock Markets Today: Sensex, Nifty Jump on Gains in Asian Markets

Rediff.com11 hours ago

Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.

Active MFs reduce bets to multi-year low

Active MFs reduce bets to multi-year low

Rediff.com4 days ago

HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.

Stock Markets Today: Sensex, Nifty Gain on Bank Stocks, Global Cues

Stock Markets Today: Sensex, Nifty Gain on Bank Stocks, Global Cues

Rediff.com1 days ago

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Market Cap of Four Top Firms Erodes by Rs 87,960 Crore; Airtel Takes Biggest Hit

Rediff.com23 Aug 2026

The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.

Why Bank CEOs Are Walking Away

Why Bank CEOs Are Walking Away

Rediff.com4 days ago

'There is mis-alignment in strategic thinking of the board and management.' 'As the business environment and customer behaviour evolve rapidly, boards are increasingly looking for leaders who can bring new ideas and challenge legacy approaches.'

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Credit Card Spending in India Crosses Rs 2 Trillion Mark

Rediff.com26 Aug 2026

Credit card spending in India has consistently topped Rs 2 trillion for three consecutive months, with July 2026 recording Rs 2.08 trillion, indicating a new normal for consumer expenditure, according to the latest RBI data.

UP banker shoots wife dead over 'betrayal'; kills sister, ends life

UP banker shoots wife dead over 'betrayal'; kills sister, ends life

Rediff.com21 Aug 2026

A bank employee in Lucknow allegedly shot dead his wife and sister before taking his own life, reportedly due to marital discord. The incident involved shootings outside an ICICI Bank branch and at his home, with the accused posting a WhatsApp status alleging 'betrayal' by his wife.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Stock Markets Today: Sensex, Nifty Gain On Rally In IT Stocks

Rediff.com7 days ago

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Stock Markets Today: Sensex, Nifty Open Higher as Crude Prices Drop

Rediff.com26 Aug 2026

Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Rediff.com25 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.

Smallcap Funds Double Down On IPOs

Smallcap Funds Double Down On IPOs

Rediff.com4 days ago

"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."

'This Is Where Investors Will Make Money'

'This Is Where Investors Will Make Money'

Rediff.com1 days ago

'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'

Stock Markets Today: Sensex, Nifty Show Resilience Amid Global Caution

Stock Markets Today: Sensex, Nifty Show Resilience Amid Global Caution

Rediff.com21 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, traded marginally higher in early deals despite cautious global cues stemming from elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets. Track Sensex, Nifty on August 21, 2026.

India's Biggest Stock Market Booms And Busts

India's Biggest Stock Market Booms And Busts

Rediff.com3 days ago

'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'

Should You Invest In Balanced Hybrid Funds?

Should You Invest In Balanced Hybrid Funds?

Rediff.com27 Aug 2026

'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com7 days ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

ICICI Bank raises $1 bn in largest dollar issue this year, signalling strong investor confidence

Rediff.com25 Jul 2026

ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.

HDFC Life, ICICI Pru report strong Q1 profit growth, driven by premiums

HDFC Life, ICICI Pru report strong Q1 profit growth, driven by premiums

Rediff.com17 Jul 2026

HDFC Life Insurance and ICICI Prudential Life Insurance have reported double-digit growth in profitability for the first quarter of FY27, buoyed by healthy premium collections and increased investment income, with HDFC Life's net profit rising 11.9% and ICICI Pru's by 27.8%.

ICICI Bank plans $500 million dollar bond issue, first in a decade

ICICI Bank plans $500 million dollar bond issue, first in a decade

Rediff.com4 Jul 2026

ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Private Banks Intensify FCNR(B) Push as RBI Swap Window Nears Closure

Rediff.com19 Aug 2026

Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

NeoGeoInfo Secures USD 20 Million For Global Expansion

NeoGeoInfo Secures USD 20 Million For Global Expansion

Rediff.com18 Aug 2026

NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

ICICI Bank Demands Rs 100 Crore from Fintechs for Alleged Merchant Misclassification

Rediff.com1 Jun 2026

ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.

Geopolitical uncertainty, elevated oil prices drag Sensex, Nifty lower

Geopolitical uncertainty, elevated oil prices drag Sensex, Nifty lower

Rediff.com14 Aug 2026

Indian benchmark indices Sensex and Nifty closed lower, with the Nifty recording its fourth consecutive day of decline, primarily due to elevated oil prices and ongoing geopolitical tensions between the US and Iran, which dampened investor sentiment.

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Stock Markets Today: Sensex, Nifty Decline Amidst Surging Crude Oil Prices

Rediff.com7 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.

HDFC Bank, ICICI Bank: Solid Q4, split outlook

HDFC Bank, ICICI Bank: Solid Q4, split outlook

Rediff.com21 Apr 2026

Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Stock Markets Today: Sensex, Nifty Dip as Strait of Hormuz Tensions Keep Crude Prices High

Rediff.com13 Aug 2026

Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Margin Squeeze Hits Private Bank Stocks; HDFC, Axis Lead Decline

Rediff.com21 Jul 2026

Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Geopolitical uncertainty, elevated crude keep Indian markets mixed; Sensex up, Nifty down

Rediff.com13 Aug 2026

Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.

No blanket ban, bank account freeze must match proceeds of crime: HC

No blanket ban, bank account freeze must match proceeds of crime: HC

Rediff.com14 Aug 2026

The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.

Bank of Baroda Hit by Cyberattack

Bank of Baroda Hit by Cyberattack

Rediff.com28 Jul 2026

The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Q1 Earnings, West Asia Tensions, Crude Oil to Drive Market Movement This Week

Rediff.com19 Jul 2026

Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Tata Consumer's new businesses drive strong Q1, poised for sustained double-digit growth

Rediff.com4 Aug 2026

Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.

Stock Markets Today: Sensex, Nifty down on high crude prices and selling in bank stocks

Stock Markets Today: Sensex, Nifty down on high crude prices and selling in bank stocks

Rediff.com22 Jul 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a surge in crude oil prices and significant selling pressure on bank stocks, impacting overall investor sentiment. Track Sensex, Nifty on July 22.

Premature life policy exits surpass maturity payouts

Premature life policy exits surpass maturity payouts

Rediff.com4 Aug 2026

Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.

Stock Markets Today: Sensex, Nifty Up on Easing West Asia Tensions, Drop in Crude Oil Prices

Stock Markets Today: Sensex, Nifty Up on Easing West Asia Tensions, Drop in Crude Oil Prices

Rediff.com27 Jul 2026

Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions in the West Asia, which improved market sentiment and reduced inflation fears. Track Sensex, Nifty on July 27.