Tag: ICICI Bank

HDFC Bank’s Aditya Puri highest paid, ICICI Bank Sandeep Bakshi forgoes salary in Covid-19 year

NEW DELHI: HDFC Bank’s Aditya Puri emerged as the highest grossing banker among the top three private sector lenders in his retirement year with total emoluments of Rs 13.82 crore. His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed […]

BharatPe raises Rs 139 crore in debt from Alteria Capital, ICICI Bank

NEW DELHI: Fintech company BharatPe on Sunday said it has raised Rs 139 crore (about USD 20 million) in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants. Founded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants […]

Review appointment of KV Kamath as head of loan rejig panel: AIBEA to RBI

NEW DELHI: The All India Bank Employees Association (AIBEA) has expressed its opposition to the appointment of ICICI Banks former CEO and non Executive Chairman K.V.Kamath as the Head of the Expert Committee on Resolution Framework for Covid19-related Stress as his name figures in a CBI First Information Report (FIR). The AIBEA in a letter […]

ICICI Bank gets 7.97% stake in YES Bank via Rs 1,000 crore capital infusion

NEW DELHI: ICICI Bank on Tuesday said it has acquired 7.97 per cent stake in YES Bank through its Rs 1,000 crore capital infusion in the troubled private sector lender. ICICI Bank Ltd has acquired 100 crore equity shares pursuant to the YES Bank Ltd Reconstruction Scheme, 2020 notified by the government under the Banking […]

‘Adventurism over professionalism’: Arun Jaitley flays CBI for Chanda Kochhar probe

NEW DELHI: A day after the CBI named banking doyen K V Kamath and virtual who’s who of the sector for questioning in the alleged fraud case against former ICICI Bank CEO Chanda Kochhar, union minister Arun Jaitley Friday advised investigating agency to avoid “adventurism” and concentrate only on the bull’s eye. Jaitley, who is […]

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