ICICI Bank

Ex-ICICI Financial institution CEO Chanda Kochhar held responsible of taking ₹64 crore bribe to greenlight ₹300 crore mortgage to Videocon: Report

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[ad_1] Former ICICI Financial institution CEO Chanda Kochhar has been discovered responsible of receiving a bribe of ₹64 crore in alternate of sanctioning a ₹300 crore mortgage to Videocon Group, a report has mentioned. In response to the report by The Occasions of India, an appellate tribunal in New Delhi in an order dated July … Read more

Weak Credit Growth And Rate Cuts to Squeeze Profit at India’s HDFC, ICICI Banks

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[ad_1] (Bloomberg) — India’s top private-sector banks HDFC Bank Ltd. and ICICI Bank Ltd. could see profits come under pressure from loan growth at a three-year low and thinning margins driven by central bank rate cuts, as they report earnings this weekend. Margins face pressure from the Reserve Bank of India’s rate cuts — 100 … Read more