This article describes the Industrial Credit and Investment Corp.'s (ICICI) strategic plan for organizational change from a development financial institution to a universal bank in India. ICICI is one of four entities affected by the Reserve Bank of India's policy to allow development financial ...
The most basic condition for credit card eligibility is the applicant’s age. You must be at least 18 years of age in order to be eligible for a credit card. However, some banks/credit card issuing companies also require the applicant to be at least 21 years old. Apart from the minimum...
Under the growth option, the investor gets the gains only at the time of redemptions. Appreciation in the totalNAVof the ELSS mutual fund multiplies the profits. Investors are not entitled to benefits in the form of dividends. Mutual fund returns are subject to market risks, and so are the...
banks often offer new customer bonuses for opening a checking account. These bonuses can range from a few hundred dollars, but to qualify, you typically need to meet certain conditions, such as setting up a direct deposit or maintaining a minimum balance for...
The argument made by the EGI in theBombay HCis also relevant here. During the hearing, the EGI had argued that the Rule violates the media’s right to practice its profession by placing higher burdens on digital mediums. If the Government were to apply the results of this competition on li...
Bank Code: The first four alphabetic characters represent the bank, like “ICICI” for ICICI Bank. Zero: The fifth character is always a ‘0’, reserved as a separator for future use. Branch Code: The final six characters uniquely identify the specific branch. ...
But I still didn’t know which stocks to buy and why to buy them. It was still very random for me, even though I was ready to hold for the long term. And the money I made in TCS, ONGC and ICICI gave me this foolish confidence, that I could not lose money if I stick with ...