ICICI Bank, country’s largest public sector lender has inked pact with Ecobank Transnational Incorporated, Africa, by entering into a memorandum of understanding (MoU). Both the banks aim to extend banking services across their combined footprint in India and Africa. The deal is expected to leverage their combined expertise, strong local knowledge and corporate relationships to support Indo-African businesses.
Recently, bank has acquired around 5.36% stake in IL&FS Engineering and Construction Company, earlier known as Maytas Infra, through the CDR mechanism. ICICI, which already held 1.50% in the company, acquired the shares post restructuring through the CDR mechanism. On Fri, Oct 12, 2012 at 9:58 AM, Mihir Desai <[email protected]>wrote: > *ICICI Bank* cuts home and auto loan rates > > -ICICI Bank cuts home loan rates by up to 100 basis points > -ICICI Bank cuts auto loan rates by upto 75 basis points > -Home loan rates for less than Rs 30 lakh at 10.25% versus 10.5% > -Home loans between Rs 30-Rs 70 lakh at 10.5% versus 11% > -Home loan above Rs 70 lakh at 10.5% versus 11.5% > -ICICI Bank's new rates applicable for 2 months till December 31 > > > -- > CA Mihir Desai > > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
