Page 5 - Icici
From ICICI to LVB, banks may make accelerated provisioning for Karvy Group
A banking source said Karvy has not defaulted as yet and the management has given comfort to banks that the group is adequately funded and there will be no default
 "From ICICI to LVB, banks may make accelerated provisioning for Karvy Group")
Air India's arm raises Rs 7,000 cr from bond market to dilute debt burden
The bond was floated at 6.99%, around 86 bps higher than the three-year govt bond yield, to be followed by a Rs 15,000 crore bond issue in two weeks
 "Air India's arm raises Rs 7,000 cr from bond market to dilute debt burden")
Power exchange backed by BSE, PTC, ICICI to divest 60% promoter stake
The proposed electricity exchange is awaiting clearance from the Central Electricity Regulatory Commission
 "Power exchange backed by BSE, PTC, ICICI to divest 60% promoter stake")
ICICI makes 100 villages digitally-enabled; targets 500 more by 2017
FM Arun Jaitley inaugurated 100 ICICI digital villages in New Delhi
 "ICICI makes 100 villages digitally-enabled; targets 500 more by 2017")
ICICI Bank blocks transactions through Flipkart wallet PhonePe
These moves are seen as banks getting nervous of being disrupted by new-age digital payments players
 "ICICI Bank blocks transactions through Flipkart wallet PhonePe")
FPI inflows at $4.5 bn in Q2; Domestic investors turn net sellers: ICICI
Major selling was seen in Sun Pharma, Infosys, Kotak Mahindra bank, Adani Ports and Asian Paints by FPIs
 "FPI inflows at $4.5 bn in Q2; Domestic investors turn net sellers: ICICI")
ICICI group to train 1 lakh youth by 2017: Chanda Kochhar
She said the youth in India need to equip themselves with skills which will empower them to earn a sustainable livelihood
 "ICICI group to train 1 lakh youth by 2017: Chanda Kochhar")
ICICI Home Finance to raise Rs 955 crore via debentures
The debentures will be of face value of Rs 5 lakh each
 "ICICI Home Finance to raise Rs 955 crore via debentures")