ICICI Bank might outsource ATM division
ICICI Bank is said to be considering hiving off its ATM division into a separate entity.
The company currently has a network of 1,416 branches along with more than 4,600 ATM outlets.
A company representative spoke about the reports in the media about these developments: “We evaluate various options [...]
Chanda Kochhar could become CEO of ICICI Bank next year
Chanda Kochhar could become the new CEO of ICICI Bank next year when KV Kamath retires from his current position.
Kamath would then become the non-executive chairman. He would replace N Vaghul would retire from the company.
Shikha Sharma is said to be another potential candidate though [...]
ICICI Bank sends SMS to customers assuring them
Rumors in the market are so strong that ICICI Bank had to send SMS messages to their banking customers assuring them that their deposits are safe.
The message stated: “Please do not listen to baseless rumors”.
It also greeted the customers for the upcoming festive season.
ICICI Bank said that the [...]
K.V. Kamath: ICICI Bank is healthy and fine
Rumors in the market suggested that ICICI Bank was going to take a massive hit from the ongoing global credit turmoil.
Denying these rumors, ICICI Bank CEO K.V. Kamath has come out with a statement saying: “I just want to reiterate ICICI Bank is an extremely healthy institution. We [...]
ICICI Bank no longer issuing two wheeler loans at dealer end
India’s leading private sector bank ICICI has announced that they are no longer going to offer two wheeler loans from dealer’s showrooms.
These loans would now be available only from their bank branches.
ICICI Bank has now transferred 200 employees in this unit to other departments.
ICICI Bank [...]
Some customers of ICICI Bank are reporting that they are now increasing the minimum balance limit from Rs. 5000 to Rs. 10000.
This is sad news for all those customers who are not on any of their zero balance accounts.
This new limit is going to be applied starting July this year.
If the bank account [...]
ICICI Bank launches a branch in New York
India’s leading private bank ICICI has announced the launch of their first American branch in New York City.
With this the company has now started a new era of their globalization.
The ICICI Bank’s New York branch is located in midtown Manhattan and they are going to provide a suite [...]
