Tag: icici bank

Will banks start reducing fixed deposit (FD) interest rates from now? All eyes on RBI MPC announcements tomorrow
Posted in Finance

Will banks start reducing fixed deposit (FD) interest rates from now? All eyes on RBI MPC announcements tomorrow

Is the era of rising interest rates on fixed deposits (FDs) over; will rates start falling now? With another expected pause by the Monetary Policy…

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

credgenics funding: Debt collections platform Credgenics secures $50 million in funding from Westbridge, Accel, others

Debt collections platform Credgenics has raised $50 million in a series B round of funding. Venture investors Westbridge Capital, Accel, Tanglin Ventures, and Beams Fintech…

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A man speaks on the phone outside an ICICI Bank branch in Kolkata, India.(REUTERS)
Posted in Business

ICICI bank reports 40% rise in Q1 net profit to ₹9,648 crore

PTI | | Posted by Singh Rahul Sunilkumar Private lender ICICI Bank on Saturday reported a 40 per cent rise in standalone net profit to…

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Posted in Startups

paytm: ETtech In-depth | Inside Paytm’s cashback offers for retailers

Fintech giant Paytm is back to offering cashbacks. This time, the money is being dangled before merchants, not consumers. And the strategy is proving to…

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

Jefferies’ Chris Wood increases bet on Zomato, reduces investment in ONGC

After adding Zomato to his India long-only portfolio a month ago, Jefferies’ Christopher Wood has gone a step further by increasing investment in the online…

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Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

new bank: Customers face brunt of new bank locker rule

(This story originally appeared in on Jun 30, 2023) MUMBAI: With Friday being the deadline for updating 50% of locker agreements, banks are urging customers…

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Posted in Economy

Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?

Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…

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

phonepe credit merchant lending: PhonePe taps merchants in big lending push

Digital payments major PhonePe has jumped on the credit bandwagon with a foray into merchant lending. This comes on the heels of its aborted acquisition…

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RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged
Posted in Finance

RBI MPC: Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged

Is the era of rising interest rates on fixed deposits (FDs) coming to an end? Only time will tell but there is a chance that…

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

kohinoor biswas bharatpe: BharatPe appoints Kohinoor Biswas as head of its consumer lending business PostPe

Fintech startup BharatPe has appointed Kohinoor Biswas as the head of its consumer lending vertical. Biswas was heading the credit card portfolio at ICICI Bank…

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