ICICI Bank has reported a core operating profit of INR 9,518 crores ($1.3 billion) for the second quarter of the fiscal year 2022 (Q2 FY2022) that ended 30 September 2021, an increase of 23% compared to INR 7,719 crores ($1 billion) for the same quarter of the previous fiscal year. In the first quarter of […]
ICICI Bank said that it completed its first term loan as well as cross-currency swap derivative transactions linked to Secured Overnight Finance Rate (SOFR). According to the Indian private sector banking group, the transactions were conducted with a corporate client via its international offices. ICICI Bank said that the transactions demonstrate its readiness to make […]
ICICI Bank has launched ‘Festive Bonanza’, a suite of offers with instant discounts and cashbacks on thousands of products from premium brands and major e-commerce platforms. Under the ‘Festive Bonanza’, the Indian private sector banking group claims to offer certain benefits to retail and business customers on multiple banking products and services. The offers are […]
ICICI Bank said that it has entered into a partnership with Amazon India to offer individual sellers and small businesses registered on the latter’s online marketplace with InstaOD, an overdraft (OD) facility of up to INR 25 lakhs. The overdraft facility will be delivered instantaneously and digitally, said the Indian private banking group. The partnership […]
ICICI Bank announced that its savings account customers can now instantly pay and manage dues of their credit cards of any bank using its iMobile Pay app. According to the Indian private banking group, customers can add credit cards of any bank to the mobile app within a few seconds. Following this, they can pay […]
ICICI Bank has reported a core operating profit of INR 8,605 crores ($1.2 billion) for the first quarter of the fiscal year 2022 (Q1 FY2022) that ended 30 June 2021, an increase of 23% compared to INR 7,014 crores ($944 million) for the same quarter of the previous fiscal year. The Indian private sector banking […]
ICICI Bank has launched a co-branded credit card with Hindustan Petroleum Corporation Limited (HPCL) – ICICI Bank HPCL Super Saver Credit Card for enabling users to avail benefits and reward points of using various credit cards in one. The ICICI Bank HPCL Super Saver Credit Card is claimed to provide best-in-class rewards and benefits to […]
ICICI Foundation for Inclusive Growth, the CSR arm of ICICI Group, will donate 1,800 oxygen concentrators to sub-divisional hospitals in the Himalayan belt and remote tribal areas of India in 2021-22. According to ICICI Bank, the donation is targeted at giving citizens in the regions with immediate oxygen support in the case of a medical […]
ICICI Bank and Amazon Pay said that the former has surpassed the milestone of issuing two million Amazon Pay ICICI Bank credit cards. As a result, Amazon Pay ICICI Bank has become the fastest co-branded credit card to achieve the milestone in India, said ICICI Bank. The Indian private sector bank had joined forces with […]
Indian private sector banking group ICICI Bank has launched ‘Salute Doctors’, which it claims to be a comprehensive banking solution for medical doctors. Salute Doctors offers customized banking along with value-added services for all doctors, starting from a medical student to a senior medical consultant to a hospital or a clinic owner. The banking solutions, […]