All posts tagged "ICICI Bank"
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368Capital RegulationRBI Releases Latest List of Indian D-SIBs
SBI, ICICI Bank and HDFC Bank will remain India's D-SIBs this year. The additional CET1 capital they need to hold will rise in April.
March 18, 2019 -
868Enforcement
SWIFT Related Fines Imposed by RBI Total $10mn Across 36 Banks
The number of banks fined by the RBI for failing to integrate their core banking systems with SWIFT has now risen to 36, with fines totaling $10.16mn.
March 11, 2019 -
1.6KEnforcement
UPDATED – RBI Fines Multiple Banks for SWIFT Integration Non-Compliance
The penalties follow directions issued by the RBI in February 2018 requiring banks to link their core banking systems with the SWIFT network.
March 5, 2019 -
652EnforcementIndia Launches Money Laundering Probe Against Former ICICI Bank Chief
India’s Enforcement Directorate will seek to determine if alleged kickbacks generated in loan deals worth $262mn were laundered to create tainted assets.
February 4, 2019 -
394IndiaAxis Becomes First Bank Subsidiary to Offer Commodity Derivatives
Clients can now trade commodity futures and options on the MCX; trading on NCDEX to be supported by end-September.
August 30, 2018 -
281IndiaIndia to Devise Framework on Clearinghouse Interoperability
SEBI is working to develop a framework to allow clearinghouses to settle transactions executed on any exchange.
August 14, 2018 -
346Enforcement
UPDATED – US SEC Intensifies Probe into India’s NYSE-Listed ICICI Bank
SEC officials have questioned two of the bank's top executives on whistle blower allegations that loan provisioning was unfairly delayed to inflate profits by $1.3bn over eight years.
July 28, 2018 -
255Capital RegulationIndian Banks Face “Serious Governance and Risk Issues” – S&P
In light of recent NPA and governance issues at large private banks in India, S&P says Indian banks need an overhaul to enhance risk culture and governance.
April 16, 2018 -
298Enforcement
ICICI Bank Fined for Failing to Disclose Debt Securities Sale
ICICI Bank sold debt securities from its held-to-maturity portfolio in excess of 5 percent of total value without the necessary disclosure in contravention with RBI rules.
March 31, 2018 -
India
RBI Announces Measures to Hasten Bad Debt Restructuring
SBI and ICICI bank get permanent seat at the joint lenders forum for distressed assets.
September 27, 2015
