ICICI Bank Current Affairs, GK & News

Domestic Systemically Important Banks (D-SIBs)

As per Reserve Bank of India (RBI), State Bank of India (SBI), HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), similar to 2020 list of D-SIBs. Highlights These three banks continue to be in the list, under the same bucketing structure as it was there in the 2020 ..

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What is KV Kamath Committee?

The Reserve Bank of India had constituted a five-member expert committee under KV Kamath. He was the former CEO of ICICI Bank. The apex bank recently notified that it is to cover twenty-six stressed sectors under the TLTRO (Targeted Long-Term Repo Operations) Scheme. These twenty-six stressed sectors were identified by the KV Kamath Committee. Highlights ..

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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 ..

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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 ..

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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 ..

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