ICICI Bank Q4 Net profit up 18% YoY

India's second largest private sector lender ICICI Bank reported its financial results for the fourth quarter of FY25, posting an 18 percent year-on-year rise in standalone net profit to Rs 12,629.58 crore. The earnings surpassed Street expectations,...

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Bank Employee Suicide, Family Alleges Workplace Harassment

 A senior ICICI Bank employee, Vivek Samdarshi, allegedly died by suicide in Bengaluru, with his family accusing top bank officials of workplace harassment and excessive work pressure. Concerns regarding toxic work environments in corporate settings have...

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ICICI Bank Q3 Profit up 15% YoY; NII grows 9%

India's second largest private sector lender ICICI Bank on Saturday reported that its standalone Q3 profit after tax grew by 14.8% year-on-year (YoY) to Rs 11,792 crore while net interest income (NII) increased 9.1% YoY to Rs 20,371 crore during the December quarter.It's...

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Farmer commits suicide inside Bank premises in Telangana

Jadhav Devrao, 54, a farmer from Bela Mandal in Adilabad, Telangana, tragically committed suicide at a nearby ICICI Bank office on January 18, 2025. Devrao was having trouble repaying a loan of ₹3.4 lakh that he had taken out in 2019 using his five acres of property...

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Top 10 Mobile Banking Applications in India

Over the past few decades, technology has advanced significantly. From computers to laptops and iPads, software to applications, and mobile phones to Android devices, the digital age is pervasive. These days, many people use mobile banking apps. When conducting...

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ICICI Bank Q2 net profit jumps 14% on-year

 ICICI Bank's Q2 FY25 standalone net profit rose by 14.5 percent on-year to Rs 11,746 crore, from Rs 10,261 crore in the year-ago period, exceeding Street expectations. A Moneycontrol poll of brokerages had forecasted the bank’s profit at Rs 10,989 crore.The...

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ICICI Bank Q4 Net Profit Rises 17.4%

Private sector lender ICICI Bank on Saturday reported a 17.4 per cent year-on-year jump in its net profit to Rs 10,708 crore for the March 2024 quarter (Q4FY24). Its net interest income (NII) during January-March 2024 rose 8.1 per cent year-on-year to Rs 19,093...

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Police summons MDs of 4 Banks, 11 Bank Employees arrested

A number of bankers have been arrested in recent cyber fraud investigations due to allegations that they were involved in fraudulent operations. The managing directors of Yes Bank, ICICI Bank, RBL Bank, and Kotak Mahindra Bank are among the four private banks...

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