Entries Categorized as 'ICICI Bank'

ECS Fiasco: Kotak to Blame, ICICI Redeems Itself

Date March 28, 2010

Ravikiran Rao writes in response to the ECS post:  Just wanted to give [the story] a little more detail. The detail will indict Kotak further and probably exonerate ICICI – go ahead and update your post with this if needed. So my ULIP wit…

ECS – Easy, Convenient, Stupid?

Date March 28, 2010

Or so said a reader of “Subramoney”: [ECS or Electronic Clearing Service is used to automatically remove money or put money into a bank account, with a mandate given by the customer. ECS Debit is used to avoid having to manually pay every bill; m…

ICICI Bank – Past EPS Growth is Ridiculously Low

Date February 19, 2010

ICICI Bank’s last quarter results were slightly disastrous by most standards, and therefore the stock markets decided to ignore them completely. I nearly did myself, until a few minutes ago. here’s the quarterly EPS (Trailing 12 month data used so …

ICICI double lends against same properties after selling loans to ARCIL [Updated: News Denied]

Date September 13, 2009

Updated: ICICI prints a retraction, and ICAI says it denies such allegations.

ICAI Denial:

(Click for larger images)

Funny, ICICI says “The article is grossly inaccurate. The article mentions sale of home loans of Rs. 10,000 crores to ARCIL. …