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Market update: As Sensex, Nifty begin volatile trading session, here are some stocks to watch for
Business

Market update: As Sensex, Nifty begin volatile trading session, here are some stocks to watch for

Sensex and Nifty incurred losses of 0.72 per cent and 0.79 per cent respectively to settle the day at 17,617.15 and 59,037.18 on Friday

RBI imposes penalty on PNB, ICICI Bank for deficiencies in regulatory compliance
Business

RBI imposes penalty on PNB, ICICI Bank for deficiencies in regulatory compliance

RBI said the Statutory Inspection for Supervisory Evaluation (ISE) of Punjab National Bank (PNB) was conducted by it with reference to its financial position as of 31 March, 2019

ICICI Bank shares rise by over 14% after record high quarterly profit
Business

ICICI Bank shares rise by over 14% after record high quarterly profit

Total income also rose to Rs 26,031 crore in July-September period of 2021-22, as against Rs 23,651 crore in the same quarter of the previous fiscal year, ICICI Bank said in a regulatory filing

RBI imposes Rs 3 crore penalty on ICICI Bank, cites violations over transfer of securities
Business

RBI imposes Rs 3 crore penalty on ICICI Bank, cites violations over transfer of securities

The fine has been imposed for contravention of directions in the Master Circular on 'Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks'

ICICI Bank cuts home loan rate to 6.70% at par with SBI; new rate available till 1 March
Business

ICICI Bank cuts home loan rate to 6.70% at par with SBI; new rate available till 1 March

Borrowers of up to Rs 75 lakh will get credit at 6.70 percent while those above that threshold will need to pay 6.75 percent, the bank said

Market roundup: Sensex reclaims 51,000 mark, Nifty above 15,000 level; banks, metals lead charge
Business

Market roundup: Sensex reclaims 51,000 mark, Nifty above 15,000 level; banks, metals lead charge

The top 5 gainers at the Bombay Stock Exchange were Bajaj Finsv, Reliance, Bajaj Finance, ICICI Bank and HDFC, while the top losers were Mahindra and Mahindra, Maruti, and Bajaj-Auto

WhatsApp Payment is live for 20 million users in India: Here is how to transfer money
News & Analysis

WhatsApp Payment is live for 20 million users in India: Here is how to transfer money

WhatsApp Payment has been launched with support from banking partners including the State Bank of India (SBI), HDFC, ICICI, and Axis Bank.

Supreme Court rejects Chanda Kochhar's appeal against sacking as CEO of ICICI Bank
Business

Supreme Court rejects Chanda Kochhar's appeal against sacking as CEO of ICICI Bank

The top court was hearing Kochhar's appeal against an order of the Bombay High Court, which had dismissed her plea against termination, noting that the dispute arises from a contract of personal service

Banks begin levying charges on deposits and withdrawals during bank holidays, non-business hours: Reports
India

Banks begin levying charges on deposits and withdrawals during bank holidays, non-business hours: Reports

Also, if the money deposited in cash acceptor/recycler machines is more than Rs 10,000 a month, whether it is a single or multiple transactions, the bank will charge a convenience fee.

'Absolutely no! Need time to be with family': KV Kamath tells Network18 on possible role in govt
India

'Absolutely no! Need time to be with family': KV Kamath tells Network18 on possible role in govt

My thoughts are always with the country, veteran banker KV Kamath tells Network 18, Group Editor-in-Chief Rahul Joshi in an exclusive interview.

Atmanirbhar Bharat need of the hour, every Indian entrepreneur will battle challenges with fresh spirit: KV Kamath tells Network18
India

Atmanirbhar Bharat need of the hour, every Indian entrepreneur will battle challenges with fresh spirit: KV Kamath tells Network18

India is a land of opportunities and so there is going to be no shortage of things to do which is unlike several other countries, veteran banker KV Kamath tells Network18, Group Editor-in-Chief, Rahul Joshi in an exclusive interview.

India's economy wasn't hit as hard as anticipated; scope to boost farm employment: veteran banker KV Kamath tells Network18
India

India's economy wasn't hit as hard as anticipated; scope to boost farm employment: veteran banker KV Kamath tells Network18

Indicating there is a big scope for enhancing farm employment, KV Kamath said that agriculture has come back very quickly and rural India has been less affected by the challenges presented by the COVID-19 pandemic.

Markets end on positive note: Sensex, Nifty jump on 5th straight day; Bajaj Finance top gainer, soars over 8%
Business

Markets end on positive note: Sensex, Nifty jump on 5th straight day; Bajaj Finance top gainer, soars over 8%

Sensex rallied 522 points on Tuesday led by gains in banking stocks as investors seemed gathering more confidence from staggered opening of the economy by the government

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut
Business

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut

Kotak Mahindra Bank was the top gainer in the Sensex pack, rising around 7 percent, followed by M&M, Sun Pharma, Hero MotoCorp, Bajaj Finance, Tata Steel, Bharti Airtel and HCL Tech.

Financial stocks zoom: Sensex rallies over 900 points, Nifty surges to 9,823-level; ICICI Bank, RIL, HDFC among top gainers
Business

Financial stocks zoom: Sensex rallies over 900 points, Nifty surges to 9,823-level; ICICI Bank, RIL, HDFC among top gainers

The Sensex rallied over 900 points in early trade on Monday, driven by gains in HDFC twins, ICICI Bank and Reliance Industries amid firm cues from global markets.

Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers
Business

Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers

ONGC was the top gainer in the Sensex pack, rising around 3 percent, followed by Tata Steel, L&T, HDFC Bank, ICICI Bank, IndusInd Bank and Axis Bank. On the other hand, M&M, ITC, Infosys, Bajaj Auto, TCS and HCL Tech were among the laggards

Markets end strong after subdued sessions: Sensex rallies over 990 points, Nifty surges to 9,315; Axis Bank top gainer, soars over 13%
Business

Markets end strong after subdued sessions: Sensex rallies over 990 points, Nifty surges to 9,315; Axis Bank top gainer, soars over 13%

Sensex rallied 996 points on Wednesday, led by massive gains in banking and IT stocks ahead of the expiry of monthly derivatives amid firm overseas cues.

Maruti Suzuki partners with ICICI Bank, to offer retail financing schemes to customers
Business

Maruti Suzuki partners with ICICI Bank, to offer retail financing schemes to customers

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has joined hands with ICICI Bank to offer retail financing schemes to its customers