Tag: #ICICI Bank

Real estate sector’s full digital banking solution is ICICI Bank’s STACK for real estate.

January 27, 2023

Almost 7% of India’s annual GDP is generated by one of the fastest-growing industries in the nation: real estate. Following the epidemic, there is a much higher demand for real estate, particularly residential housing. To meet this growing demand, ICICI Bank created a digital banking STACK for real estate, which enables builders, real estate investment […]

Real estate sector’s full digital banking solution is ICICI Bank’s STACK for real estate.more

ICICI Bank and other private banks demand rent waiver from their landlords.

April 17, 2020

It is known that ICICI Bank and other private lenders have reached out to their landlords requesting a rent waiver for the lockdown period. Sources said that considering the disruption caused by COVID-19, ICICI Bank has asked operating offices to obtain a waiver from their landlords as a measure of support for the bank. There […]

ICICI Bank and other private banks demand rent waiver from their landlords.more
High Court

Bombay High Court declares calculation of 90days NPA should not include lockdown duration.

April 13, 2020

In a major relief to a construction firm based in Mumbai, the Bombay High Court said the lockdown duration is to be eliminated when calculating 90 days for the Non-performing Assets (NPAs) declaration. The High Court’s ruling came on a Transcon Iconica petition that took a loan from ICICI Bank and failed to make payments […]

Bombay High Court declares calculation of 90days NPA should not include lockdown duration.more

India’s 3 major banks SBI, PNB, ICICI Bank raised lending rates

June 2, 2018

By Realty Quarter Bureau Days ahead of RBI’s monetary policy review, India’s three major banks SBI, PNB and ICICI Bank on Friday increased their benchmark lending rates or MCLR by up to 0.1 per cent, making loans costlier for consumers. The new rates are effective from today. India’s largest lender SBI has increased the lending rate by 10 basis points across all tenors […]

India’s 3 major banks SBI, PNB, ICICI Bank raised lending ratesmore