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ICICI

ICICI Prudential Life Q3 results: Net profit increases 43% to Rs 326 cr

The life insurer reported a standalone profit of Rs 326 crore (about $38 million) for the quarter ended Dec. 31, compared to Rs 227 crore a year ago

Updated On: 21 Jan 2025 | 7:35 PM IST

ICICI Lombard Q3FY25 results: Net profit jumps 67.9% to Rs 724 crore

The Gross Direct Premium Income (GDPI) slipped by 0.3 per cent to Rs 6,214 crore from Rs 6,230 crore in Q3 FY24 due to the new premium accounting norms

Updated On: 17 Jan 2025 | 8:38 PM IST

Snapmint raises $18 mn in debt & equity to expand merchant network

The new funds will be used to expand its partnership with more shopping portals, grow its merchant network, and expand its balance sheet

Updated On: 12 Dec 2024 | 10:32 PM IST

Cong seeks more clarity from ICICI Bank, Madhabi Buch on retiral payouts

Congress leader Pawan Khera also asked why ICICI Bank covered the tax deducted at source for Puri Buch's employee stock ownership plan (Esop)

Updated On: 03 Sep 2024 | 8:41 PM IST

Even as Sebi WTM, Madhabi Puri Buch drew 'salary' from ICICI Bank: Cong

No payment to her other than retiral benefits, clarifies lender

Updated On: 02 Sep 2024 | 11:28 PM IST

HDFC, Nippon, ICICI hoist the folio trophy as 40 funds chase finish line

Folio growth powered by stellar performance and strategic distribution

Updated On: 01 Sep 2024 | 9:47 PM IST

Kerala landslide: ICICI Prudential Life simplifies claim settlement process

ICICI Prudential Life on Monday said it has simplified the claim settlement process for nominees or beneficiaries of individuals affected by the Wayanad landslide tragedy. The processing of claims, including those covered under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), will be done based on just three basic documents which are required to be submitted by nominees to settle claims, the insurer said in a statement. These are bank account numbers with IFSC codes or cancelled cheque copies of the bank account, death certificate issued by the local municipal authorities. In case the death certificate is not available, the list of deceased issued by hospitals, government authorities or police will be accepted. Basic documents also include copy of valid KYC documents such as PAN card/ Form 60, recent photograph, any one of officially valid documents (Aadhaar card, passport, driving license, voter ID, NREGA Job card or letter issued by the National Population Register). "All ..

Updated On: 05 Aug 2024 | 9:26 PM IST

ICICI Bank revamps lounge access plan for 19 debit cards: Check details

Spends made in a preceding calendar quarter will unlock access for the subsequent calendar quarter

Updated On: 30 Jul 2024 | 1:30 PM IST

Tata Group retains top spot as India's most valuable brand at $28.6 billion

India's most valuable brands 2024: Tata Group nears $30 billion mark, Taj remains India's strongest brand, while HDFC's merger boosts brand to third position

Updated On: 28 Jun 2024 | 1:37 AM IST

ICICI Bank introduces 'SmartLock': Know to how to use it on iMobile Pay

Feature allows customers to lock/unlock internet banking, UPI, credit and debit cards instantly

Updated On: 26 Jun 2024 | 11:26 AM IST

Lifetime free credit card is for a select few: How to get one for yourself

Such cards do not charge annual or renewal fees for the entire duration of their validity

Updated On: 21 Jun 2024 | 10:48 AM IST

Adani One launches two variants of co-branded credit cards with ICICI Bank

Cardholders can get up to 7 per cent Adani reward points on spends within the Adani Group ecosystem

Updated On: 03 Jun 2024 | 10:56 PM IST

Explain how ICICI engaged recovery agents despite SC bar: HC to chairman

The Allahabad High Court has directed the chairman of the ICICI Bank to personally explain how its officials engaged recovery agents in a loan case despite a prohibition on it by the apex court. Hearing a petition by Jasminder Chahal and three others, all of whom are ICICI officials, Justice Prashant Kumar said, "The officers of the ICICI Bank were very well aware of the fact that they cannot engage any recovery agent, and yet they engaged the services of recovery agents in the year 2013, which is six years after passing of the judgment by the Supreme Court". The Supreme Court in the matter of ICICI Bank Ltd. Vs. Prakash Kaur (2007) had categorically held that the banks will not use the services of the recovery agents to recover the bank loans and they have to follow the procedure laid down under the law. As the chairman of ICICI was not a party in the petition filed under Section 482 (inherent powers of the high court), the court permitted the applicants to make him a party in the

Updated On: 29 May 2024 | 7:23 AM IST

'Narayanan Vaghul style of leadership created a factory of leaders'

In 1994, it became obvious to Mr. Vaghul that ICICI's sustainability as a development financial institution was untenable

Updated On: 19 May 2024 | 11:10 PM IST

ICICI Direct faces user outrage after multiple trading platform delays

Trading platform ICICI Direct with 1.8 million active users, resumed trading at 10:20 after multiple delays

Updated On: 17 May 2024 | 12:01 PM IST

ICICI Bank denies report of MD & CEO Sandeep Bakhshi wanting to quit

'Figment of imagination; completely baseless and misleading,' says ICICI Bank about report that Sandeep Bakhshi wants to leave

Updated On: 02 May 2024 | 11:32 AM IST

ICICI Prudential Life Insurance slips 7% on disappointing Q4 results

At 09:29 am, the stock was trading 4 per cent lower at Rs 569.15, as compared to 0.24 per cent rise in the S&P BSE Sensex

Updated On: 24 Apr 2024 | 9:53 AM IST

ICICI Pru Life Q4 results: Net profit drops 26% to Rs 173.76 crore

The management said that the change in commission structure led to the increase in expenses

Updated On: 23 Apr 2024 | 9:46 PM IST

India equity capital market issuances hit record at $ 14.8 billion

ECM proceeds jumped fivefold from the first quarter of the previous year when 70 deals worth $2.8 billion were launched

Updated On: 10 Apr 2024 | 10:39 PM IST

NPS investment and luxury dinnerware: Top personal finance stories

Our top stories this week explain National Pension System's performance and how tableware makes eating elegant

Updated On: 15 Mar 2024 | 9:40 AM IST