Modi is the first Indian Prime Minister to attend Davos meeting in about 20 years since H D Deve Gowda in 1997.
The bank saw loans worth Rs 7,000 crore (Rs 70 billion) slipping into NPAs during the March quarter, taking the gross NPA ratio to 5.82 per cent.
With the 50 bps rate cut now more banks are expected to reduce their base rate.
Preetisheel Singh lets us into some star secrets.
Bankers and economists agree rates will soften, though the quantum would depend on banks' asset-liability profile
SBI Chairperson Arundhati Bhattacharya said any rate cut by the bank would depend on a lot many factors.
RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes
No business delegation has been cleared yet for Prime Minister Narendra Modi 's visit to America from Friday.
An app by the bank lets customers carry out a slew of banking functions via the social media site.
The top posts on social media from your favourite Bollywood celebrities.
Within hours of rate cut announced by RBI, United Bank has reduced the benchmark lending rate by 0.25 per cent, while other banks including market leader SBI have indicated that they would follow suit.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
A summary of sports events and sports persons, who made news on Saturday
The Indian-origin head of an extremist Maoist sect, accused of enslaving three women in his home here for 30 years, tried to convince his British followers he was Jesus Christ, a former activist has claimed.
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
ICICI bank waives ATM charges.
If India grows at 8 per cent, the Indian banks will grow much faster.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
'Nobody knows what they teach in madrasas.' 'If we do not adapt to the ways of the modern world, how will we progress as a community?' 'How will these children compete in the modern world?'
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
Slow credit off-take to put pressure on margins
Upset that they had not been helped in bad times, the family of legendary playback singer Manna Dey did not accept the request of West Bengal Chief Minister Mamata Banerjee to bring his mortal remains to Kolkata for the last rites.
Unified Payments Interface launched to simplify mobile banking.
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
The meeting will focus on how to make the crisis an opportunity for India.
It turned out to be a field day for India's young pugilists as they punched their way to an unprecedented nine medals, including four gold, in the Golden Glove of Vojvodina -- an international boxing tournament being held in Kikinda, Serbia.
Nine Indians punched their way into the finals of their respective categories in the Golden Glove of Vojvodina, an international boxing tournament in Kikinda, Serbia.
Five-time World champion Viswanathan Anand continued to struggle with his form as he lost to 16-year old International Master Benjamin Gledura of Hungary in the seventh round of the Masters section of Gibraltar International Chess festival
Continuing his dream run, Grandmaster Abhijeet Gupta held higher-ranked compatriot Pentala Harikrishna to a draw, while Viswanathan Anand kept himself in contention with an easy victory, in the sixth round of the masters section of the Tradewise Gibraltar International Chess Festival in Gibraltar, on Monday.
Indian Grandmaster P Harikrishna started his campaign by outclassing Eric De Haan of Holland in the first round of the Masters' section of Tradewise Gibraltar Chess festival at the Caleta in Gibraltar.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
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The minister, who will also be meeting foreign institutional investors whose money is key to funding CAD in the afternoon, did not speak to reporters waiting outside.
The earlier ambiguity over bifurcation of the state had affected the real estate business.
The top posts on social media from your favourite Bollywood celebrities.
With Pockets, ICICI Bank aims to target first-time customers.
'Perhaps the greatest curse that modern technology has inflicted on the people during the pujas is powerful public address systems that blare out songs which you have no option but to listen to,' says Subir Roy.
'The Indian state is very benevolent when it comes to corporates,' says Tom Thomas, chief executive officer of Praxis, and convenor of CRW India.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
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