ICICI Bank said on Tuesday it has opened a representative office in Shanghai, China, its third overseas office after New York and Dubai.
The country's largest private sector bank, ICICI Bank on Monday ruled out any acquisition abroad and said it would wait for another 2-4 weeks to decide on whether to revise the interest rates further.
As part of its rural initiative, ICICI Bank is developing a low cost ATM to cater to the villages in India.
Chinese companies who were actively pursuing business opportunities in India have adopted a wait and watch approach following the Chinese government clampdown.
State Bank of India and ICICI Bank, two of India's largest banks, on Tuesday said that there would be no immediate hike in interest rates due to the Reserve Bank of India's decision to increase the cash reserve ratio in banks to curb inflation.
In the midst of a thaw in relations between India and Pakistan, authorities in India are considering whether the Vigyan Rail, a science exhibition on wheels, could go to Pakistan and Bangladesh.
The 10 rebel MLAs had moved apex court alleging that the Karnataka assembly speaker was not accepting their resignations.
The head of leading Indian bank ICICI Bank said on Monday he expected growth in the firm's retail business, which helped fuel better-than-expected third-quarter results, would continue into the fourth quarter.
A lot of my decisions are based on idealism, says N R Narayana Murthy
Bajrangi Bhaijaan and Baahubali still rule the box office.
Parekh in a video address to employees expressed delight on leading the iconic company
Manufacturers have implemented learnings from the past, but there's still a worrying macro-micro disconnect.
Investors need to evaluate the offerings of a broker in totality before selecting one.
Force 2 loses steam over hastily established grievances, vendetta schemes and quick fix conclusions, feels Sukanya Verma.
Summary of sports events and persons who made news on Wednesday.
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
Over 25,000 sq ft leased by them in last three months after new maternity Act. Raghavendra Kamath reports.
Fans across India are now photo-shopping his picture and the results are amazing.
The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.
Banks might hold on to lending rates for the time being.
A look at this week's hits and misses.
The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
'The Nagas want a flag of their own, to share the Kohima skyline with the national tricolour.' 'The the government says you can have a flag for cultural and ethnic occasions.' 'The Nagas say that will be a bit like an NGO having its own flag,' argues Shekhar Gupta.
After the Delhi high court's ruling, blanket exclusion of genetic disorders from coverage is likely to become a thing of the past.
It is raining private equity funds in the logistics and warehousing space.
Starting from a chartbuster song despite its below-the-belt essence and ending with a forgettable number, Bhaag Johnny demonstrates quite some range, says Aelina Kapoor.
Kamat was a Member of Parliament for the Mumbai North West constituency in 2009 and the Mumbai North East constituency in 1984, 1991, 1998 and 2004.
With the appointment of Vishal Sikka as CEO and Managing Director of the company, IT major Infosys has elevated 12 leaders to the position of Executive Vice President with additional responsibilities.
However, it fell nine seats short of a majority.
Looking for a way out, property developers deal in banned notes.
The Summit could look at the possibility of starting credit facility in local currency by the BRICS Bank.
Congress Vice President Rahul Gandhi has directed party leaders of five election-bound states to keep candidates with criminal background out.
A look at this week's hits and misses.
Office space on mill land in central Mumbai expected to reach 16 mn sq ft by 2021.
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