Page-5 of ICICI Bank
KV Kamath named as first President of New Development Bank of BRICS nations
Eminent banker Kundapur Vaman Kamath was appointed as first President New Development Bank (NDB) of BRICS nations. He will have of five year term after the bank becomes operational within one year. About Kundapur Vaman Kamath Born on 2 December ..
Month: Current Affairs - May, 2015
ICICI Bank launches Tap-n-Pay, a near-field communications-enabled payment service
India’s largest private sector lender Industrial Credit and Investment Corporation of India (ICICI) Bank has launched a payment service Tap-n-Pay. It was launched by bank in collaboration with Tech Mahindra. This payment service is based on the near-field communications (NFC) ..
Month: Current Affairs - April, 2015
ICICI Bank launches India’s first contactless credit and debit cards
India’s largest private sector bank Industrial Credit and Investment Corporation of India (ICICI) Bank has launched country’s first ‘contactless’ debit and credit cards. These cards will provide its customers to make electronic payments by waving the cards near the merchant terminal instead of dipping or swiping. ..
Month: Current Affairs - January, 2015
ICICI Bank launches ‘Smart Star’ account, a minor operated savings account for minors above 10 years of age
ICICI Bank launched ‘Smart Star’ account, a savings account for minors above 10 years of age. The account will be opened in the name of the minor and will offer kid with a tailored cheque-book and a debit card with ..
Month: Current Affairs - September, 2014
ICICI Bank presents ‘Cardless Cash Withdrawal’ – Withdraw cash from ATM without a card
ICICI Bank has initiated ‘Cardless Cash Withdrawal’, a facility that permits its customers to transfer money from their account to anybody in India with a mobile number. The recipient can withdraw money anytime without using a debit card from ATMs ..
Month: Current Affairs - September, 2014
RBI sets upper age limit for private bank CEOs at 70
The RBI brought relief for investors in HDFC Bank and IndusInd Bank, who have been anxious about the destiny of their celebrated chiefs who have provided massive returns in the past few years. Full-time directors of Pvt. banks can now ..
Month: Current Affairs - September, 2014
All about WPP: the BrandZ Top 50 Indian companies report
WPP is the world leader in marketing communications and is known for its reports on various statistics. It leads a group of companies which deal in various peripheral of marketing communications and intelligence like Advertising; Media Investment Management; Data Investment ..
Month: Current Affairs - August, 2014
RBI to designated six bas as Systemically Important Banks (SIBs)
The Reserve Bank of India will designate at least six banks as Systemically Important Banks (SIBs), for the domestic financial market which will need to have higher capital than other banks to prevent the financial system from collapsing in the ..
Month: Current Affairs - July, 2014
ICICI Bank leaves behind HDFC Bank as biggest private bank employer
ICICI Bank has overtaken its competitor HDFC in terms of employee number with addition of over 10,000 jobs in the last fiscal. With this, ICICI has emerged as the biggest employer in the private banking space with more than 72,000 ..
Month: Current Affairs - June, 2014
54 Indian companies among Forbes ‘Global 2000’
In the latest released Forbes ‘Global 2000’ list, Mukesh Ambani-led Reliance Industries leads the set of 54 Indian companies in the annual list of the world’s 2000 largest and most powerful public companies. The top three positions of the list is ..
Month: Current Affairs - May, 2014