ICICI Bank Ltd (ICBK.NS)
Tue, Oct 18 2016
* Says Infosys Finacle partners with Emirates NBD and ICICI Bank to launch first blockchain pilot network Source text: http://bit.ly/2dkaE4m Further company coverage: (Bengaluru newsroom)
* Approved the appointment of Anup Bagchi as executive director of the bank Source text: http://bit.ly/2dbLqFf Further company coverage: (Bengaluru newsroom)
DUBAI, Oct 12 Dubai's largest bank, Emirates NBD , is working with India's ICICI on a pilot project to use blockchain technology for global remittances and trade finance, in what they say is a first for banks from the Middle East and India.
Oct 4 ICICI Bank * Reduces MCLR by 5 bps * Says MCLR-based lending rate reduced effective Oct 1 SOURCE TEXT: ICICI Bank announced a reduction of 0.05 percent in ICICI Bank MCLR benchmarks effective from October 1, 2016. I-MCLR benchmarks effective from Oct. 1, 2016 are provided below: Benchmark Benchmark Benchmark tenure name rate p.a. Overnight I-MCLR-ON 8.85% One month I-MCLR-1M 8.85% Three months I-MCLR-3M
MUMBAI, Aug 25 India's central bank on Thursday retained State Bank of India and ICICI Bank, the nation's top two lenders by assets, as "domestic systemically important banks", or the equivalent as "too big to fail" for a second consecutive year.
Aug 2 Indian shares ended slightly lower on Tuesday as investors saw recent strong gains as overdone, though sentiment was broadly supported by hopes parliament will soon pass a revamped goods and services tax.
* Bad loans surge on central bank clean-up order (Adds details, CEO comment)
MUMBAI, July 29 ICICI Bank Ltd, India's top private sector lender by assets, said quarterly profit fell 25 percent as its bad loans ticked up, although the decline was smaller than expected.
May 12 Indian shares closed higher on Thursday, led by lenders such as ICICI Bank, after the country's upper house of parliament passed a new bankruptcy code to address corporate debts and improve the ease of doing business.
* Sees potential trouble in five sectors (Adds management comment)