S&P Global downgraded a Financial District office tower after its vacancy rate hit 40%, the latest sign of continuing stress ...

ICICI Bank Ltd. closed 0.64% below its 52-week high of 1,471.10 rupees, which the company achieved on May 26th.

Deepak Parekh further talked about the HDFC-HDFC Bank merger that was completed in July 2023. Talking to Chanda Kochhar, he said that the union was mainly driven by regulatory pressure.

This was long before HDFC’s eventual merger with HDFC Bank in 2023, he added. During a candid conversation on Kochhar’s YouTube podcast, Parekh recalled, “You said ICICI started HDFC.

Deepak Parekh, former Chairman of HDFC, disclosed that ICICI Bank’s then-chief executive Chanda Kochhar had once proposed a merger between ICICI Bank and HDFC, years before HDFC merged with its ...

Parekh described the HDFC-HDFC Bank merger as a move driven by regulatory compulsions rather than business ambition after the Reserve Bank classified non-banking financial companies like HDFC ...

ICICI Bank once tried to merge housing finance firm HDFC with itself before its reverse merger with its own banking arm, HDFC Bank former chairman Deepak Parekh has revealed. In a YouTube video, ...

However, ICICI had a higher net interest margin (NIM) of 4.41% compared to HDFC Bank's NIM of 3.65%. The merger with HDFC added a massive loan book but not an equal amount of deposits to HDFC Bank ...

Banking Legacy: Deepak Parekh says ICICI once proposed to take over HDFC Ltd, years before its reverse merger with HDFC Bank in July 2023.

ICICI Bank has announced a revision in several service charges that will come into effect from July 1, 2025. The revised fees will apply to ATM usage, cash deposits and withdrawals, IMPS transactions, ...

In other recent news, ICICI Bank has reported strong financial results, surpassing expectations in several key areas. The bank’s pre-provision operating profit and profit after tax exceeded CLSA’s ...