ICICI Bank: GK, General Studies and Current Affairs

How is the satellite data used for Farm credit assessment by banks?

Indian multinational banking and financial services provider ICICI Bank has announced that it is going to use the satellite data-imagery from earth observation satellites to assess the creditworthiness of the farmers seeking loans. ICICI is the first bank in India to take such a step. The assessment Using the data it will measure an array ..

ICICI Bank launches self-service delivery facility

Leading Private lender of India, ICICI Bank recently launched a unique self-service delivery facility called ‘iBox’. Using this facility, the customers of the bank can avail various banking services including- collecting their debit card, credit card, cheque from a nearby branch. The ‘iBox’ terminals are to be placed outside the premises of the branches, which ..

Cardless Cash Withdrawal from ATM launched by ICICI Bank

Mumbai based India’s leading Private sector multinational bank, ICICI bank has launched a card-less cash withdrawal facility for its customers from its ATMs on Tuesday, 21st January 2020. The facility will be available throughout the day, across all ICICI Bank ATMs, which count to nearly 15000 across the country. For availing the card-less service, the ..

Reliance Industries Limited (RIL) First Indian Company to exceed Rs 10 Lakh Crore M-cap

The largest publicly traded multinational conglomerate company in India in terms of market capitalization(m-cap), Reliance Industries Limited (RIL) became the first Indian company to cross Rs 10 Lakh Crore market capitalization on Thursday, November 28, 2019. Reliance Industries was founded on May 8, 1973, by Dhirubhai Ambani is engaged in businesses across India in petrochemicals, ..

ICICI Bank launches new fixed deposit scheme ‘FD Health’

The ICICI Bank has launched a new Fixed Deposit (FD) scheme – FD Health that provides the customer a complimentary critical illness cover of Rs 1 lakh from ICICI Lombard General Insurance Company on opening an FD of Rs 2 lakh to Rs 3 lakh for tenure of at least two years. For investors in ..