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ICICI LETTER OF CREDIT
Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...- RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
- HDFC Bank shares drop 25% in 2026. Buying opportunity or falling knife?HDFC Bank shares have plummeted over 25% this year, driven by governance concerns following the former chairman's resignation and an intern...
- Credit cards for NRIs and H-1B workers: Check features, fees, documents required and benefitsNon-resident Indians can now get credit cards in India. These cards offer benefits for spending both in India and abroad. Several banks lik...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
- Odisha removes HDFC Bank, ICICI Bank, and Axis Bank as authorised banks for govt businessesThe Odisha government has removed HDFC Bank, ICICI Bank, and Axis Bank from its list of empanelled banks due to their consistently poor per...
- Inox Wind signs Rs 2,200 crore consortium agreement led by ICICI BankInox Wind Limited has signed a consortium agreement with 10 banks, led by ICICI Bank, for credit facilities worth Rs 2,200 crore. The compa...
- CIBIL score dropped due to bank's fault: Doctor won the legal battle with Rs 2.6 lakh as damages after 7 years, lessons you can learn from thisCIBIL score: A doctor had AMEX credit card issued by a bank with credit limit of Rs 3.25 lakh. However his bank reported him as a defaulter...
- How you can leverage a Letter of Credit to remove risks associated with foreign trade dealsLetter of Credit is important to build trust between buyers and sellers engaging in cross-border deals along with putting in place robust m...
- Win contracts and expand your export business with these quick and effective digitised trade services.Guide to a few quick, effective digitised trade services to consider
- What is a Letter of Credit?A guide on letter of credit and why is it important for international trade
- What are the advantages of a Letter of Credit for MSME exporters and importers?The skepticism surrounding these factors, including the fear of defaulting payments, often act as roadblocks for MSMEs intending to make th...
- Whistle-blower levels fresh allegations of quid pro quo deals against ICICI's Chanda KochharIt is now being alleged that Ruias of Essar got undue favours from ICICI Bank for round-tripping investments into Deepak Kochhar's NuPower ...
- No exposure to the Nirav Modi group of companies: ICICI BankCentral Bureau of Investigation has interrogated NS Kannan, the bank’s executive director relating to the biggest banking fraud involving R...
- HSDC-private bank round-tripping leaves farmers high & dry: Ashok KhemkaKhemka has also written to Haryana chief secretary P K Chaudhary, asking for "exemplary punishment to be meted out" to those in HSDC.
- ICICI asked to pay Rs 4,000 compensation to credit card holderThe Thane District Consumer Disputes Redressal Forum (TDCDRF) has come down heavily on ICICI for its failure to cooperate with it.
- Not laid off any employee: ICICI BankDistancing itself from the issue related to the alleged job loss-triggered suicide attempt of an employee of one of its service providers, ...
- S&P lowers rtg on ICICI Bank's USCP to 'A-1' on BofA cutStandard & Poor's Ratings has lowered the credit rating on ICICI Bank Ltd.'s $375m commercial paper (CP) programme in the US market 'A-1'fr...
- ICICI restores credit limit of SatyamitesICICI Bank on Tuesday restored the credit limits of its customers working with Satyam.
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