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Chanda Kochhar MD and CEO of ICICI Bank

March 25, 2010 | Author: | Posted in Financial

Chanda Kochhar is managing director and chief executive officer of ICICI Bank, India’s largest private sector bank, which has helped spearhead the rise of the country’s middle class with its home mortgages and car loans. While India has avoided some of the worst affects of the global debt crises, she told the Wall Street Journal …

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ICICI gets approve to offer retail services in Singapore

March 23, 2010 | Author: | Posted in Financial

The Monetary Authority of Singapore has on Monday allowed ICICI Bank to offer retail banking services. The authority has granted ICICI Bank a qualified full banking (QFB) status. ICICI Bank is the second Indian entity to get this authorisation in Singapore. The country’s largest lender, State Bank of India, was given a similar license two …

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Private Sector Banks Hikes Home and Car Loan Rates by 25-50 bps

March 5, 2010 | Author: | Posted in Financial

HDFC Bank, ICICI Bank and Kotak Mahindra have raised rates on home and auto loans, reflecting the stiffening market that may lead to the Reserve Bank of India (RBI) hastening with a lift in its policy rates from record lows to fight inflation. The country’s largest private sector lender, ICICI Bank, says it is going …

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