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Bank by mail: Most banks accept cheque deposits via mail and use mail to communicate to their customers; Online banking over the Internet to perform multiple types of transactions; Mobile banking is using one's mobile phone to conduct banking transactions
The company was incorporated in 1999, under the Companies Act, 1956 as a wholly owned subsidiary of ICICI Bank. [11] [12] It was created by ICICI Bank to focus as a separate entity dedicated to provide housing finance. [13] ICICI HFC is registered with National Housing Bank.
The ICICI-Videocon loan scam is about a criminal conspiracy by Chanda Kochhar as Managing Director of ICICI Bank who abused her position by sanctioning a ₹ 3,250 crore (US$696.34 million) loan to Venugopal Dhoot's Videocon International Electronics Limited (VIEL) between June 2009 and October 2011 to cheat the bank in lieu of illegal gratification and undue benefit received in NuPower ...
Established in 1993 as ICICI Infotech Ltd., 3i Infotech was a wholly owned subsidiary of ICICI/ICICI Bank until ICICI divested the majority of the shares in March 2002, at which point the company ceased to be a subsidiary of ICICI. Demerging from ICICI, the company embraced a wider range of industries, encompassing telecom, retail ...
A huge data breach on debit cards issued by various Indian banks was reported in October 2016. It was estimated 3.2 million debit cards were compromised. Major Indian banks- SBI, HDFC Bank, ICICI, Yes Bank and Axis Bank were among the worst hit. [78] Many users reported unauthorised use of their cards in locations in China. This resulted in one ...
Narayanan Vaghul (1936 – 18 May 2024) was an Indian banker and philanthropist, who served as chairman and managing director of ICICI Bank, one of India's largest private sector banks.
Union Bank of India, commonly referred to as Union Bank, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.21,36,405 crores as of June 30 2024 . [7]
NetBank, formerly named Atlanta Internet Bank (1996) and Net.B@nk (1998), was a direct bank. Netbank suffered from bank failure and was closed by regulators on September 28, 2007. Its deposits were acquired by ING Group and the Netbank.com domain name was acquired by Axos Financial .