Tag: icici bank

Expected decline in food prices in January could increase odds of rate cut in Feb: ICICI Bank
Posted in Economy

Expected decline in food prices in January could increase odds of rate cut in Feb: ICICI Bank

The Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) could consider a rate cut in February if food inflation declines in January, according to…

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Real GDP growth seen lower than RBI estimates in Oct-Mar
Posted in Economy

Real GDP growth seen lower than RBI estimates in Oct-Mar

Mumbai: The real gross domestic product (GDP) growth for the second half of FY25 is likely to be softer than the Reserve Bank of India’s…

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Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank, and Infosys all increased their values, while Reliance Industries, State Bank of India, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever decreased theirs.(ANI)
Posted in Business

Bharti Airtel, TCS, HDFC Bank stocks steal the show this week

Five of the 10 most valued firms added ₹1,13,117.17 crore to their total market valuation last week with Bharti Airtel stealing the show. Tata Consultancy…

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Weak Q2 GDP may prompt RBI to go for a CRR cut: Experts
Posted in Economy

Weak Q2 GDP may prompt RBI to go for a CRR cut: Experts

Economists from major banks expect the Reserve Bank of India to lower the cash reserve ratio this week. This move would help support growth by…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

One Card funding: One Card looking to raise Rs 240 crore from Better Tomorrow Ventures, Peak XV Partners and Z47

Pune-based fintech startup One Card run by FPL Technologies is set to raise Rs 239.4 crore in fresh equity funding from Better Tomorrow Ventures and…

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More tears likely in store for Indians as onion prices to stay high, ICICI Bank says
Posted in Economy

More tears likely in store for Indians as onion prices to stay high, ICICI Bank says

The prices of onion continue to remain high in November while other vegetable prices are seeing a dip of 4.1 per cent MoM in Nov…

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indian economy: Rural demand, government spending to drive growth in second half of FY25: ICICI Report
Posted in Economy

indian economy: Rural demand, government spending to drive growth in second half of FY25: ICICI Report

The rural demand and government spending will be key drivers of India’s economic growth in the second half of the current financial year (October-March FY25),…

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RBI's new bank-subsidiary norms to force realignments of business
Posted in Economy

RBI’s new bank-subsidiary norms to force realignments of business

MUMBAI: Several large banks will have to realign their business models to comply with a recent Reserve Bank of India (RBI) proposal, which, upon implementation,…

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A bird flies past the facade of the ICICI bank head office in Mumbai, India.(Reuters)
Posted in Business

Why Sebi is facing criticism over ICICI Securities, ICICI Bank merger

Amid the ongoing row between a New York-based short seller and the Indian market regulator, a completely different controversy is brewing. It involves the country’s second-most-valuable bank, and…

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The report also highlighted a considerable increase in credit card transaction volumes, which surged by 39 per cent year-on-year
Posted in Business

Credit card spending in India increases 19% to ₹1.7 lakh crore in July 2024

Indian consumers demonstrated a significant increase in their credit card spending in July this year, marking a 19 per cent increase as compared to the…

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