Icici Bank news and trends

Reserve Bank of India to Test Blockchain-Based Trade Financing Effort
Digital Banking // June 23, 2022

The Reserve Bank of India (RBI) has locked in HDFC Bank, ICICI Bank and State Bank of India among almost a dozen lenders across the region to operate a blockchain-based pilot project centered on trade financing, The Economic Times reported Thursday (June 23). The effort...

India’s ICICI Bank Opens Digital Banking Services to All Small Businesses
Digital-First Banking // April 28, 2022

ICICI Bank will be rolling out India’s first comprehensive “digital ecosystem” for all micro, small and medium enterprises (MSMEs) in the country. That will include customers of other banks, according to a press release Thursday (April 28). The ecosystem will come with three pillars, “i)...

Today in B2B Payments: KredX, ICICI Bank to Debut Commercial Card; Axis Bank, ADB Start...
B2B Payments // April 08, 2022

In today’s B2B payments news, KredX and ICICI Bank partner to launch a cash back commercial card. Plus, Axis Bank and ADB work on a supply chain financing program. India’s KredX, ICICI Bank to Launch Cash Back Commercial Card for B2B Payments Supply chain finance...

India’s KredX, ICICI Bank to Launch Cash Back Commercial Card for B2B Payments
B2B Payments // April 08, 2022

Supply chain finance company KredX has partnered with ICICI Bank to offer a commercial card for B2B payments, the two India-based companies announced Friday (April 8). The ICICI Bank-KredX Commercial Card is a first-of-its-kind cash back card that allows businesses to collect instant financial rewards...

Quick Reads
India’s ICICI Bank, NPCI Launch Contactless Cards

August 29, 2022
India’s ICICI Bank has teamed up with the National Payments Corporation of India (NPCI) to launch a series of credit cards on local payments network RuPay. According to a Monday (Aug. 29) news release, the ICICI Bank Coral RuPay Credit Card — “Rubyx” and “Sapphiro” varieties are set to follow — is a contactless card […]

Reserve Bank of India to Test Blockchain-Based Trade Financing Effort

June 23, 2022
The Reserve Bank of India (RBI) has locked in HDFC Bank, ICICI Bank and State Bank of India among almost a dozen lenders across the region to operate a blockchain-based...

India’s ICICI Bank Opens Digital Banking Services to All Small Businesses

April 28, 2022
ICICI Bank will be rolling out India’s first comprehensive “digital ecosystem” for all micro, small and medium enterprises (MSMEs) in the country. That will include customers of other banks, according...

Amazon India Sellers Get Overdraft Protection Through ICICI Bank Partnership 

September 27, 2021
ICICI Bank on Monday (Sept. 27) announced it has partnered with Amazon India to offer overdraft protection up to 25 lakh rupees ($33,856) for Amazon India sellers and small businesses,...