Search results
Results from the WOW.Com Content Network
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 ...
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Growing availability of Internet connected services and the issuance of 1.3 billion biometric ID numbers in the region has made it easier for Indian customers to open bank accounts and use electronic payment systems. As of 2023 there are 907.4 million internet users in India (64% of the population), a 35% increase since 2018.
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.
Website. cersai.org.in. Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) is a central online security interest registry of India. It was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different banks. [1]
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 ...
[3] [4] [5] Prior to this, he was the managing director and CEO of ICICI Prudential Life Insurance from August 2010 to June 2018 [4] and MD and CEO for ICICI Lombard General Insurance Company in April 2002. [6] In August 2019 he was reported to be one of the highest paid CEOs of any Indian bank with a monthly salary of ₹ 22 lakh (US$26,000). [7]
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...