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Apple Pay Eyes India Launch With Axis Bank Partnership

By Uniquetimesorg September 18, 2026 0

Apple is reportedly preparing to launch Apple Pay in India next month with Axis Bank credit cards, according to three sources familiar with the matter. The move would mark Apple Pay’s entry into one of the world’s largest digital payments markets, where the service is currently unavailable. Apple has also held discussions with HDFC Bank […]Continue Reading

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ICICI Bank Mobilises $17.9 Billion Through RBI Foreign Currency Deposit Scheme

By Uniquetimesorg September 2, 2026 0

India’s ICICI Bank has mobilised around $17.88 billion through the Reserve Bank of India’s foreign currency non-resident deposit scheme as of August 31, 2026. The initiative is aimed at attracting overseas foreign-currency inflows and strengthening India’s foreign exchange position. Of the deposits raised, about $9 billion has been used for loans provided Continue Reading

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RBI Boost Lifts Bank Stocks

By Uniquetimesorg June 9, 2026 0

Indian banking stocks rose after the Reserve Bank of India introduced a concessional forex swap facility for lenders raising funds through overseas foreign currency borrowings. The measure is part of a broader effort to attract foreign capital and strengthen the economy as it faces inflationary and growth pressures linked to the prolonged Iran conflict. The […]Continue Reading

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Biometric UPI Payments Gain Traction, Enable PIN-Free Transactions up to ₹5,000

By Uniquetimesorg April 30, 2026 0

Biometric authentication is emerging as a new layer in India’s UPI ecosystem, allowing users to approve payments using fingerprint or facial recognition instead of entering a PIN for small transactions. The feature, capped at ₹5,000 as per regulations, aims to make digital payments faster, more seamless, and secure while retaining PIN-based authentication for higher-value Continue Reading

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ICICI Prudential AMC IPO Draws ₹3 Trillion in Bids, Among India’s Most Subscribed Issues

By Uniquetimesorg December 16, 2025 0

ICICI Prudential Asset Management’s $1.2 billion initial public offering has attracted bids worth nearly ₹3 trillion ($33 billion), making it the fourth most subscribed IPO in India’s history. The issue, which closed on Tuesday, saw demand trail only the blockbuster offerings of Reliance Power in 2007, LG Electronics India earlier this year, and Bajaj Housing […]Continue Reading

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RBI Fines ICICI Bank, Kotak Mahindra Bank For Failing To Report Fraud

By uniquetimes October 21, 2023 0

The Reserve Bank of India (RBI) has announced that ICICI Bank has been fined ₹ 12.19 crore for breaching regulations concerning the bank’s directors’ code of conduct and failure to report frauds within the stipulated timeframe. According to the RBI, its inspection reports revealed that ICICI Bank had granted loans to companies where two of […]Continue Reading

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SBI, ICICI Bank RuPay Card Holders Can Now Link Their Credit Cards With BHIM

By uniquetimes July 14, 2023 0

In recent developments, customers of SBI and ICICI Bank can now conveniently perform UPI transactions using their RuPay credit cards from these banks. By linking their credit cards to the BHIM app, operated by NPCI, customers can make online payments by scanning the Merchant UPI QR code at any location. This feature is available for […]Continue Reading

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Ex-ICICI Bank CEO Chanda Kochhar, Husband Arrested In Loan Fraud Case

By uniquetimes December 24, 2022 0

Chanda Kochhar, the former CEO of ICICI Bank, and her husband Deepak Kochhar were detained by the CBI on Friday in connection with suspected irregularities in a loan of more than 3,000 crore given to the Videocon Group while she was in charge of the private sector bank. A claim that Chanda Kochhar, 59, had […]Continue Reading