ICICI Bank Limited announced the appointment of Ajay Kumar Gupta as Executive Director on the company’s Board, with effect from March 15, 2024. According to the Bank’s exchange filing, “We wish to inform you that RBI has communicated its approval for the appointment of Mr. Ajay Kumar Gupta as whole-time Director (Executive Director) of the…
ICICI Bank Limited announced the appointment of Rakesh Jha as an Executive Director of the Bank, with effect from September 2, 2022. According to the company’s exchange filing, “We wish to inform you that RBI vide its letter no. DOR.GOV.No. S3553/08.88.001/2022-23 dated September 2, 2022 has approved the appointment of Mr. Rakesh Jha, as an…
ICICI Bank Limited announced the appointment of Vibha Paul Rishi as an Additional Director to its Board of Directors, effective January 23, 2022. According to the company’s exchange filing, “This is to inform you that the Board of Directors of the Bank at its meeting held today has appointed Ms. Vibha Paul Rishi (DIN: 05180796)…
ITILITE, an all-in-one business travel and expense management platform, has announced an exclusive tie-up with ICICI Bank to issue commercial credit cards to businesses in the country. With this, companies can now get an ‘ICICI Bank Central Travel Account Card (CTA card)’ and make travel bookings for employees seamlessly at a discounted rate on the…
MyClassboard, an end-to-end school management software that helps schools to automate and streamline their day-to-day operations has raised Rs 4.5 crore funding from ICICI Bank. MCB will use the funds to scale from 2,500 schools to 10,000 schools and serve 50,00,000 students in the next 12-24 months. Business Development – Plan to reach out to…
Escrowffrr, a unique, escrow focused, digital payments platform, has raised $150,000 in a pre-series investment round led by Inflection Point Ventures, the investor announced in an official release. The company was founded by Ashwin Chawwla in 2015. The company will utilize these funds to grow its escrow business beyond real estate as a category. In…
In a recent development in the case of Chanda Kochhar versus ICICI Bank, the former CEO has sought permission from the Bombay High Court to amend her petition in view of the reply given by the bank to the court. Kochhar had earlier (30th November) moved the court challenging her termination and subsequent clawback of…
Ratnakar Bank Limited, a scheduled commercial bank headquartered in the Mumbai region of Maharashtra, today announced the appointment of Pankaj Sharma as Chief Operations Officer. Pankaj will oversee the bank’s operations and corporate services function. He would be reporting to R. Gurumurthy, Head of Risk & Governance at the Bank. Previously, he was working with Axis…
ICICI Bank Limited, the Indian multinational banking, and financial services company headquartered in Mumbai, today announced that the firm received the approval of RBI for the appointment of Sandeep Bakshi as Managing Director and CEO of the bank for three years. This appointment came when ICICI accepted the early retirement plea of Chanda Kochhar, ICICI Bank’s former MD…
Chanda Kochhar, 56, the Chief Executive Officer and Managing Director of ICICI Bank has left the firm today after her early retirement plea has been accepted by the firm. Post-retirement benefits of Ms. Kochhar will be “subject to the outcome of the inquiry”, ICICI said in a statement. ICICI has named Sandeep Bakhshi as the new CEO and…