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Eko India Financial Services, the business correspondent of State Bank of India (SBI) and ICICI Bank, provides bank accounts, deposit, withdrawal and remittance services, micro-insurance, and micro-finance facilities to its customers (nearly 80% of whom are migrants or the unbanked section of the population) through mobile banking. [15]
Bandhan Bank is present in 35 out of 36 states and union territories of India, with 6,297 banking outlets and 3.44 crore customers. [12] [13] Having received the universal banking licence from the Reserve Bank of India, Bandhan Bank started operations on August 23, 2015, with 501 branches, 50 ATMs and 2,022 Banking Units (BUs).
[33] [34] It has also alleged as she had continued to earn significant amounts of money through her vested employee stock option plans (ESOPs) of ICICI Bank, long after she had left the company. [35] [36] In the same month, Subhash Chandra Goenka of Zee Entertainment Enterprises blamed her for the collapse of a merger between his company and ...
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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 ...
Bank name Established Headquarters Branches Total assets Revenues Refs Axis Bank: 1993: Mumbai, Maharashtra: 5,377 ₹ 1,518,238 crore (US$180 billion) ₹ 106,155 crore (US$13 billion) [24]
On July 19, 2024, The New Indian Express published an article stating that Punjab National Bank, Axis Bank, State Bank of India, and ICICI Bank had already started using the UPI credit line product on a trial basis. When it comes to granting pre-approved loans through credit lines on UPI, ICICI Bank is the industry leader. [51] [52]
The Tata Group (/ ˈ t ɑː t ɑː /) is an Indian group of companies headquartered in Mumbai, Maharashtra, India. [4] [5] Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries.