Tagged: icici bank

ICICI Bank Launches Comprehensive Online Platform for Foreign Companies Setting Up Operations in India

  India-based banking group ICICI Bank announced earlier this week the launch of, Infinite India, which is an online platform for foreign companies looking to establish or expand business in the country. According to ICICI Bank, the platform offers them banking solutions as well as… Read More

ICICI Bank Launches “iMobile Pay” Payments & Banking Service Mobile App

  India-based banking group ICICI Bank announced on Monday the launch of its iMobile Pay app. ICICI Bank claims that iMobile is India’s first app that offers payments band banking services for all. “The app offers a unique combination of facilities of a payment app–… Read More

India’s ICICI Bank Launches All-Digital Mode of Payment that Will Support Flexible Purchasing Plans

India-based banking group ICICI Bank has launched an all-digital mode of payment at major retail stores. Referred to as the “ICICI Bank Cardless EMI” (Equated Monthly Instalments), the facility allows thousands of the bank’s pre-approved customers to purchase their favorite gadgets or home appliances simply… Read More

ICICI Bank Launches Banking Stack “Mine” For Millennial Customers

India-based banking group ICICI Bank announced on Thursday the launch of “Mine,” which is a comprehensive banking program for millennial customers. The banking group reported that Mine offers an instant savings account. Icici Bank reported that it integrated with the investment platform of Sqrrl with… Read More

Indian Multinational Financial Firm ICICI Bank Appears to be Struggling to Process Digital Payments

ICICI Bank Ltd., an Indian multinational banking and financial services firm, appears to be struggling when it comes to handling payments. The bank’s customers have been complaining that their payments were not being processed. They noted via social media that they’re experiencing issues with accessing… Read More

ICICI Bank Milestone: Now Has One Million Users on WhatsUp Banking Platform

India-based banking group ICICI Bank announced it has crossed a milestone of one million users on its WhatsApp banking platform. The bank reported it introduced banking services on WhatsApp three months ago to enable its retail customers to undertake a slew of banking requirements from… Read More

India Banking Group ICICI Bank Launches End-to-End Fully Digital Facility “Insta Flexicash”

India-based banking group Icici Bank announced on Monday the launch of its end-to-end fully digital facility, Insta Flexicash. According to ICICI Bank, the facility enables the bank’s Salary Account customers to get approval for overdraft instantaneously and in a paperless manner. “The facility comes handy… Read More

ICICI Bank Debuts Banking Services on WhatsApp

India-based banking group Icici Bank announced on Monday it has launched its banking services on WhatsApp in oder to enable retail customers to undertake in a “slew of banking requirements” from their home.  Anup Bagchi, Executive Director, ICICI Bank, stated that through WhatsApp, retail customers may… Read More

ICICI Bank Launches Digital Banking Platform “ICICIStack”

India-based banking group Icici Bank announced on Tuesday the launch of its digital banking platform, ICICIStack. According to ICICI Bank, the platform will offer digital banking services and Application Programme Interface (API) to ensure banking experience to customers in retail and business industries, which includes… Read More

Public Sector Lender, Bank of Maharashtra, Tops List of Indian Banks for Most Digital Transactions in December 2019

Bank of Maharashtra (BoM), a small public sector Indian bank and lender, reportedly topped the list of all the country’s banking institutions for digital transactions performed in December of last year. This, according to India’s Ministry of Electronics and Information Technology (Meity). Meity data shows… Read More

Icici Bank Launches Cardless Cash Withdrawal Through ATM Using iMobile Service

India-based banking group Icici Bank announced on the launch of its Cardless Cash Withdrawal feature from ATMs. The bank reported this service enables customers to withdraw cash from more than 15,000 ATMs of the bank by simply raising a request on iMobile, Icici Bank’s mobile… Read More

National Payments Corporation of India Requests Digital Payments Firm PhonePe to Add Another Banking Partner

The National Payments Corporation of India (NPCI) has requested Bengaluru-based digital payments firm PhonePe to work with another banking partner for its Unified Payments Service (UPI) model. PhonePe’s management has reportedly decided to work with Mumbai-headquartered multinational banking and financial services company ICICI Bank. According… Read More

ICICI Bank Launches Instant Digital Credit Facility for Small Payments “PayLater”

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India-based banking group ICICI Bank announced on Thursday the launch of its instant digital credit facility, PayLater, which was created to enable customers small-ticket ticket items immediately in a completely digital and paperless manner. The launch of this new feature was announced days after ICICI… Read More

ICICI Bank Teams Up With Amazon to Launch Co-Branded Credit Card

India-based banking group ICICI Bank announced on Tuesday it has teamed up with Amazon to launch a new credit card. According to ICICI Bank, the co-branded card offers a reward points program exclusive for “digitally savvy customers” and is claimed to be the first card… Read More

Indian Fintecher MobiKwik’s UPI Takes Off, Partners with ICICI Bank

India-based mobile wallet company MobiKwik announced the launch of a UPI (Unified Payments Interface) on its platform which enables users to access online payments with added services including netbanking, wallets, and credit/debit cards. In addition, MobiKwik entered into a partnership with ICICI Bank which allows users to load money into their… Read More

EFMA / Accenture Banking Awards Recognize Emergence of “Profound Transformation”

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Efma / Accenture have announced their 3rd annual Global Distribution & Marketing Innovation Awards for financial services.  The recognition is given to firms delivering the “most innovative projects and initiatives”.  According to the Efma, over 200 firms from 59 countries submitted 500 case studies. This year’s… Read More

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