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Hyderabad: ICICI Bank on-boarded 70 companies on ‘CorpConnect’, the digital platform that it launched last year to enable corporates to undertake instant payments and collections to/from their channel partners. The platform also offers instant and collateral-free digital channel financing solutions such as dealer finance for distributors and vendor finance/ reverse factoring for suppliers. The 70 […]

Hyderabad: A bank manager working with the Alipore branch of the ICICI Bank was arrested by the Hyderabad Cybercrime police in the fraud loan app case on Monday. Rakesh Kumar Das, a manager at the ICICI Bank’s Alipore branch in West Bengal allegedly helped two persons, Anand Jannu and Nallamothu Anil Kumar, to open bank […]

Hyderabad: The Cyberabad Police have booked a case of cheating and criminal breach of trust against Karvy Stock Broking Pvt Ltd, its Chairman and Managing Director C Parthasarathy and others here on Tuesday. Parthasarathy, who was earlier arrested by the Hyderabad Police on charges of cheating the IndusInd Bank last Thursday, is currently in judicial […]

Tikaana, Hyd-based firm to provide clean and affordable accommodation for unskilled labourers

For regular savings, salary accounts and their variants, the cash transaction charges at home branch (where the account is opened or ported)is pegged at Rs 5 per Rs 1000 transaction, subject to a minimum of Rs 150.

In addition, Vinod Nair, Head of Research at Geojit Financial Services said the upcoming week will be driven by global sentiments.

Maruti was the top gainer in the Sensex pack, rising over 1 per cent, followed by Titan, Infosys, Tata Steel, M&M, Asian Paints and Nestle India.

The Nifty50 on the National Stock Exchange was trading at 15,781.00, lower by just 9.45 points or 0.06 per cent from its previous close.

The Nifty50 on the National Stock Exchange was trading at 15,870.75, higher by 124.25 points or 0.79 per cent from its previous close.

The police seized Rs 2 lakh, debit cards, cheque books, mobile phones and a laptop.

Hyderabad: The Hyderabad Cybercrime Police arrested Anand Jannu from Begumpet for his alleged involvement in trying to unfreeze accounts that were seized in the instant loan app case a few months earlier. Recently, the authorities of ICICI Bank, Gachibowli had complained some persons had impersonated the police and asked to unfreeze certain accounts put on […]

According to the police, the fraudsters sent a courier to the ICICI bank in Gurgaon containing letters bearing the name and stamp of Hyderabad City Police asking them to unfreeze 38 accounts, which were frozen on the request of the Hyderabad Cybercrime Police last year

The 30-share BSE index was trading 403.16 points or 0.82 per cent lower at 48,758.65 in initial deals.

The fintech company has already facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical.

After a volatile session, the 30-share BSE index ended 202.22 points or 0.42 per cent lower at 47,878.45

Under the partnership, the issuance of FASTag will take place by using UPI on the PhonePe app.

The 30-share BSE index was trading 510.31 points or 1.04 per cent higher at 49,518.81, and the broader NSE Nifty surged 162.70 points or 1.12 per cent to 14,670.

Christened 'EMI @Internet Banking', the facility will enable customers convert their high-value transactions up to Rs 5 lakh into easy monthly instalments, ICICI Bank said.

About 10 lakh bank employees and officers are to participate in the strike called by the United Forum of Bank Unions, an umbrella body of nine associations and groups.

In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, released by RBI showed.