ICICI Bank, with five other financial intermediaries, has set up a Rs 800 crore (Rs 8 billion) India Advantage Fund for the equity component of small and medium enterprises. The bank has invested......
Since January this year, RBI has cut the repo rate – at which it lends to commercial banks - to a gross of 1.25 per cent. The country's largest private sector bank ICICI on Thursday slashed......
The Reserve Bank of India-sponsored National Financial Switch, a common platform to ensure inter-connectivity of ATM networks and to provide for funds settlement across various banks, has run into......
The country's second largest lender ICICI Bank on Tuesday said it has not raised home loan rates from August 1 and will take a view only if cost of funds goes up."In the long term, interest rates......
RBI had asked banks to price fixed rate loans of up to three years based on marginal cost of funds from April 1 Consumer loans on Friday became cheaper with banks moving to a new way of setting......