Now not only send but also receive money through Internet Banking

12 nov 2008

ICICI Bank has started the first of its kind ‘Receive Funds’ facility where one can credit the amount from even a non ICICI Bank Account to an ICICI Bank Account without logging on the non-ICICI bank website or depositing cheque/ cash.

ICICI Home Finance FD @11.15% – just an eyewash

11 nov 2008

ICICI Home Finance Company recently announced the launch of its special Fixed Deposits which offers interest @11.15% p.a. on 15, 20 and 30 months fixed deposits. At the first sight the rate may seem pretty attractive when compared with other Fixed Deposits being offered by different banks.

Withdraw funds from ATM without having a Bank Account

08 jul 2008

Imagine that you are stuck in a place and don’t have cash, worse that you even don’t have an ATM / Debit card or even if you have, you have lost one.

Firstsource Solutions on sale: Warburg, Blackstone, Carlyle in running

26 may 2008

ICICI Bank which has a 26.8% stake in BPO firm, Firstsource Solutions is looking to divest its stake as it feels it derives little synergy from the company. Other major investors in Firstsource includes Temasek (which also has over 7% stake in ICICI), Metavante (US based banking solution firm) and Sequoia Capital/ As per Economic Times report, BPO firm WNS Holdings (owned by Warburg Pincus) may either merge or acquire Firstsource Solutions by buying out stakes held by ICICI Bank and other PE investors.

Buying American shares now as easy as investing in Indian equity

08 oct 2007

Indian investors can now do global hunting for investing in equity shares by choosing among the blue chips such as Microsoft, IBM, Wal-Mart, Coca Cola and Google. India’s number one online trading site, ICICIDirect.com has launched its overseas trading facility for Indian investors to invest upto $2 lakhs in a financial year in Equities, Exchange Traded Funds, Stock Options, Index Options.

SBI looking to add an ICICI Bank to its kitty

28 aug 2007

To prepare itself from the threat of increased foreign competition post 2009 and need for capital for expansion, State Bank of India has kicked of a process to merge its 7 associate banks in itself.

ICICI Holdings becomes ICICI Financial Services

12 jun 2007

With a week left for the opening of ICICI Bank FPO, the parent has changed the name of its subsidiary ICICI Holdings to ‘ICICI Financial Services’ giving more clarity to the nature of business being carried out by the subsidiary which is life insurance, general insurance and asset management.

Insurance companies – sunny days ahead

10 jun 2007

With ICICI bank’s FPO (bigger than DLF’s IPO) slated to open on June 18, the valuation of its subsidiaries would be a hot topic of discussion among corporate circles. And the major rider in its subsidiary is the valuation of ICICI Holdings.

Micro-Insurance – Gateway to rural upliftment

07 jun 2007

70% of Indian population resides in the rural area but they have negligible insurance coverage. Thus it opens a huge opportunity for insurance marketers of micro-insurance products. Micro-insurance is a form of finance designed to suit the needs of rural people who do not have access to conventional forms of insurance.

Technology, Software and Internet

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