ICICIBANK News Today

RBI Allows HDFC AMC to Acquire Stakes in DCB Bank and Karur Vysya Bank

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Approval is valid for one year and comes with the condition that HDFC AMC's shareholding in both banks should not exceed 9.5%

• 21 September, 2023
• 3:35 PM
• less than a minute

The government obtains substantial dividends from BHEL and Coal India Ltd

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The Government has received about Rs 1556 crore and Rs 88 crore as dividend tranches from Coal India Ltd. and BHEL, respectively.

• 21 September, 2023
• 2:07 PM
• less than a minute

Vedanta Ltd Shares Hit 14-Month Low Ahead of Key Board Meeting

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The board will discuss issuing private non-convertible debentures (NCDs) as part of their routine refinancing

• 21 September, 2023
• 1:44 PM
• less than a minute

HDFC Bank and TruCap Join Forces to Boost Credit Access for MSMEs

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The partnership focuses on offering MSME business loans and Gold Loans mainly to borrowers in non-urban areas

• 21 September, 2023
• 1:41 PM
• less than a minute

RBI permits HDFC AMC to acquire a stake in Karur Vysya Bank and DCB

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Additionally, the central bank informed HDFC AMC that its ownership stake in both private banks should not be greater than 9.5%.

• 21 September, 2023
• 12:02 PM
• less than a minute

Oil prices decline in advance of additional central bank guidance on interest rates

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Brent futures for November delivery were down 44 cents, or 0.5%, at $89.18 per barrel. West Texas Intermediate crude (WTI) CLc1 in the United States decreased by 49 cents or 0.6% to $89.17.

• 21 September, 2023
• 10:39 AM
• less than a minute

Equity Benchmarks Dip on Global Cues

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Major factors contributing to the bearish trend include foreign fund outflows and a downturn in HDFC Bank's performance

• 20 September, 2023
• 2:22 PM
• less than a minute

HDFC Bank gets RBI approval to re-appoint Sashidhar Jagdishan as MD, CEO

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He began his career at the bank in 1996 as a Manager in the Finance department.

• 20 September, 2023
• 9:30 AM
• less than a minute

Markets may see a muted start

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Nifty Midcap 50 stocks closed 0.35% lower. Nifty Bank ended with a decline of 0.54%.

• 20 September, 2023
• 8:40 AM
• less than a minute

Durga Prasad Chalavadi, CMD, Sai Silks Kalamandir Ltd.

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Management of the IPO-bound company chats with Sheetal Agarwal of IIFL to streamline the company’s strengths, performance and road ahead.

• 19 September, 2023
• 8:43 AM
• less than a minute