But surprisingly, there is a narrow chance that the central bank may cut rates in the future: BS Poll
The RBI sent out the advisories detailing what banks should do to prevent a Bangladesh Bank-heist like incident
The bank's board also reviewed its internal processes and exposure to the Videocon group
ICICI Bank Chairman MK Sharma has also revealed that the bank has 'satisfactorily' replied to the questions of all the regulators
The bank said that its share of banking sector's exposure to Videocon Group was less than 10%
The bank has been accused of nepotism and quid pro quo in extending credit to the Videocon group and its associate, NuPower Renewables
Deepak Kochhar, who is Chanda Kochhar's husband, is an indirect beneficiary of the loan granted to Videocon, according to trustee, Indian Investors Protection Council
ICICI Bank is India's fourth most valued bank with a market capitalisation of about Rs 1.8 trillion and its shares are also part of the benchmark stock market index Sensex
The bank had clarified that none of the investors of NuPower Renewables are borrowers of ICICI Bank
Rs 32.5 bn ICICI bank loan amount was part of Rs 400 bn loans that Videocon group secured from a consortium of 20 banks led by SBI
Personal ties between two people do not always result in criminal acts, Dhoot said in an interview aired on Marathi television channel ABP Majha
Shares of the country's third-largest lender closed at Rs 261.9, down Rs 16.5, or 5.93% on the BSE
Of the USD 178 billion loan, the distribution companies have USD 65 billion, generation companies have USD 77 billion, and transmission firms have a debt burden of USD 36 billion
The communication between Money2India app and social media platforms is carried out using the bank's secured channels
As against a 20 per cent per annum overall increase in home loans during the past four years, loans to the self- employed segment have grown by 33 per cent every year
The payments bank is like any traditional bank operating at a smaller scale. The only difference is that payments banks do not have any credit-providing service
Silence linked to under-reporting of bad loans
PNB's domestic deposits grew 6.2% to Rs 6 trillion in 2017-18
A wait-and-watch stance by the MPC will also support the government bonds market
Writing off loans is done, inter-alia, for tax benefit and capital optimisation