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ICICI Bank offers products and services such as savings and current accounts, trade and forex services, fixed and recurring deposits, business loans, home loans, personal loans, auto loans, and gold loans, NRI Banking services, remittances, card services, lockers, agri and rural services.
Chanda Kochhar subsequently quit ICICI bank following these allegations and is currently being investigated. On 24 January 2019, Chanda, her husband Deepak, and industrialist Venugopal Dhoot were named in a CBI FIR for cheating and defrauding ICICI Bank to the tune of ₹1,730 crore.
Occupation. Banker. Title. MD and CEO, ICICI Bank. Term. October 2018. Predecessor. Chanda Kochhar. Sandeep Bakhshi (born 28 May 1960) is an Indian banker, and the MD & CEO, ICICI Bank since October 2018.
He initiated a process of a series of acquisitions of non-banking finance companies in 1996–98 and led the way to the formation of ICICI Bank. On 2 May 2011, he was appointed as Non-Executive Chairman of the second-largest software exporter, Infosys Ltd. (earlier Infosys Technologies Ltd.).
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 ...
I. ICICI Home Finance Company. ICICI Lombard. ICICI Prudential Life Insurance. ICICI Prudential Mutual Fund. ICICIdirect.
Commercial banks. Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
The company operates as a wholly owned subsidiary of ICICI Bank and is registered with the regulation authority of India - National Housing Bank (NHB). It provides home and commercial loans, loan against property, gold loans and accepts fixed deposits.
ICICI Bank (51%) Prudential Plc (49%) Number of employees. 2000–2500 (2022) Website. www .icicipruamc .com. ICICI Prudential Mutual Fund is an Indian asset management company founded in 1993 as a joint venture between ICICI Bank and Prudential plc. [4]
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...