ICICI appoints Sandeep Bakhshi as COO as Chanda Kochhar goes on leave

ICICI appoints Sandeep Bakhshi as COO as Chanda Kochhar goes on leave

In a major management reshuffle, the ICICI Bank on Monday announced the appointment of Sandeep Bakhshi as the Wholetime Director and Chief Operating Officer-designate, ICICI Bank. His appointment as COO will be for a period of five years, subject to regulatory approvals. He will take over as the COO on Tuesday or on the date […]

ICICI, Union Bank cut savings rates

ICICI, Union Bank cut savings rates

MUMBAI: Three more lenders — ICICI Bank, Union Bank of India and Punjab National Bank (PNB) — have brought down their interest rates on savings bank account, taking the total to 10. The cut in savings rate is likely to be a precursor to a cut in lending rates. ICICI Bank and PNB said that […]