Governance gaps found in some banks: RBI chief

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ICICI Bank to up stake in ICICI Lombard General Insurance

The board of ICICI Bank has decided to turn ICICI Bank Lombard General Insurance Company into a subsidiary of the bank

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ICICI Bank’s board approves reappointment of Batra as ED for two more years

ICICI Bank re-appoints Mundra, Sriram and Madhavan as Independent Directors

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Plan change: ICICI Bank to hike stake in ICICI Lombard

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RBI reviews bond value norms that shield banks

Banks invest around a fifth of their deposits in government bonds. However, they can avoid making MTM provisions on the bonds they classify as 'held to maturity' (HTM). However, banks have to provide for a fall in the market value of bonds in their trading or 'available for sale' portfolio.

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