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ICICI Bank launches ‘Campus Power’ platform for student ecosystem

ICICI Bank has launched a digital platform called ‘Campus Power.’ Aim: To help students aspiring to pursue higher education in India and outside the country. This platform will cater the varied needs of the entire student ecosystem comprising students, parents, and institutes. This will assist users to explore financial products according to their needs ranging from bank accounts including overseas accounts, education loans […]

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ICICI Bank ties up with Santander for India-UK business ease

ICICI Bank, one of India’s largest private sector banks, established a partnership with Santander Bank in the United Kingdom, aimed at making banking easier for businesses operating in both countries. The ICICI and Santander UK Plc signed a MoU in Mumbai to build a framework of partnership between the banks to satisfy the financial service needs of corporate clients operating along the

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Sandeep Bakhshi named Business Standard Banker of the Year 2020-21

The managing director (MD) and chief executive officer (CEO) of ICICI Bank Mr Sandeep Bakhshi has been named as the Business Standard Banker of the Year 2020-21. For 2020-21, ICICI Bank reported a net profit of Rs 16,193 crore against Rs 7,931 crore during the previous financial year. Sandeep Bakhshi assumed the charge in October 2018 and has

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RBI Retains SBI, ICICI Bank, HDFC Bank as Domestic Systemically Important Banks (D-SIBs)

The Reserve Bank of India (RBI) on Tuesday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank continue to be domestic systemically important banks (D-SIBs) or institutions which are ‘too big to fail’. These three banks have continued to be on the D-SIBs list published by RBI, since Sep 04, 2017. Domestic Systemically Important Banks are those banks which

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ICICI Bank launches online platform ‘Trade Emerge’ for exporters and importers

Private sector lender ICICI Bank has announced the launch of an online platform, Trade Emerge, to offer digital banking and value-added services to exporters and importers across India. This is aimed to make cross border trade hassle-free and convenient, as it eliminates the need for companies to coordinate with multiple touchpoints. The list of banking

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ICICI Lombard ceases to be a subsidiary of ICICI Bank post-merger with Bharti AXA

ICICI Bank mentioned General Insurance has ceased to be its subsidiary, as shareholding of the financial institution has come down to 48 percent after the merger of Bharti AXA with the insurer. ICICI Lombard General Insurance Company (ICICI Lombard) had on September 8, 2021, allotted fairness shares of the corporation to the eligible shareholders of

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