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The ICICI Bank and Chanda Kochhar had been under scanner after The Indian Express reported in 2018 that Videocon’s Venugopal Dhoot provided crores of rupees to a firm he had set up with Chanda Kochhar’s husband Deepak and two relatives. ....
ICICI Bank: The private sector lender reported a 35.8 percent YoY rise in its standalone net profit to ₹10,261 for the second quarter of FY24 versus ₹7,557.84 crore in the year-ago period. ....
InCred Equities said that it believes that HDFC Bank is better placed through its granular branch expansion and faster customer acquisition compared to ICICI Bank. ....
In May, ICICI Bank said its board of directors approved the increase in shareholding in ICICI Lombard as it aims to establish the company as a subsidiary of ICICI Bank. ....