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Former ICICI Bank CEO Chanda Kochhar has moved the Bombay High Court seeking specific performance of her former employer’s contractual obligations towards benefits due to her since her early retirement from the bank. ....
ICICI Bank has made ‘InstaBIZ’ interoperable, making the benefits of its business banking mobile app available to all merchants including customers of other banks ....
Private lender ICICI Bank on Thursday announced that it has executed its first term loan and cross currency swap derivative transactions linked to Secured Overnight Financing Rate (SOFR). ....
RBI fines ICICI Bank Rs 3 crore for regulatory violations The central bank said the action against the private lender was in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act, 1949 BusinessToday.In | May 3, 2021 | Updated 23:16 IST The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks. The central bank said the action against the private lender was in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) of the Banking Regulation Act, 1949. ....