Management

ICICI open to domestic acquisition

India’s largest private sector lender ICICI Bank on Sunday ruled out overseas acquisitions, but said it is open to buying local banks to increase presence and business within the country. “We are not looking at global mergers or takeover or anything. - Markets recover partially - GSS eyes Rs 500 cr turnover in FY 2011 - Sensex spooked by China, CRR hike fears, down 490 pts - Investment to drive growth; India needs $250 bn: ICICI Bank - No immediate increase in interest rates in sight: ICICI - Subhiksha stores to reopen as franchises In a way we are well established in 18 countries and we have a very large network in the 18 countries,” ICICI Bank MD and CEO Chanda Kochhar said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
Hiring activity may see upward trend in Q3
Hiring activity is likely to see an upward trend in the third quarter of the current fiscal year, especially in sectors like infrastructure, manufacturing and services other than IT.
Popular Articles
payday loans online

Anand Sharma to meet US Trade Rep Ron Kirk
Commerce and Industry Minister Anand Sharma will meet US Trade Representative Ron Kirk and other ministers from both developed and developing countries during the three-day Cairn"s Group meeting in Bali, beginning Sunday.
Polygraphy
Fakes make up 20-25% of Rs 85,000 cr pharma sales
Watch out! The next time you buy your baby a cough syrup or get yourself any medication, make sure to get a proper bill else you could fall prey to the multi-crore clandestine business of spurious, misbranded and adulterated drugs.

© Copyright 2009