The judiciary has again pulled up ICICI Bank for the misadventures of its loan recovery agents and asked the bank to pay Rs.25,000 as special cost. Prema Devi, who took a vehicle loan from the ICICI Bank's civil lines branch at Allahabad, has petitioned the court to get her vehicle paper released.

source: Rupeetimes.com

ICICI Bank has lauched a credit card designed solely for travel related activities like airline ticket reservations, hotel bookings, travel insurance and other allied transactions. Called the ICICI Bank Travel Agency Credit Card, this is pioneering initiative in this area by the bank.

A Malaysian national was arrested on Sunday evening from M Block Market in Greater Kailash for allegedly using a fake credit card for shopping.

ICICI Bank, India's second largest bank today conducted its first training workshop for Small and Medium Enterprises (SMEs) for using the SME Toolkit effectively. The workshop was a curtain raiser for the classroom training initiative that ICICI Bank along with Institute of Management Studies (IMS) has developed for SMEs. The SMEs will need to register themselves with IMS for complete classroom training.

ICICI credit cards now offers you the bunch of beneficial discounts which helps you to make your shopping a real entertainer.

The participating SMEs will be trained to use the new version of the SME Toolkit, a free online resource to help small businesses improve their management practices and to understand the business regulatory environment, launched jointly by IFC, ICICI Bank, and IBM in August 2007. ICICI Bank's focus is on localization of the SME Toolkit content and tools. The latest software version, of the SME Toolkit, Web 2.0, includes live chat, online forums, and interactive business directories that create a global community where smaller businesses can interact and collaborate.

Even as Kishore Biyani's Future Capital Holdings (FCH) awaits approval from Sebi on its proposed initial public offering, the company has got the nod from RBI for its credit card venture.

Private lender ICICI Bank on Monday announced a special discount on purchase of gold coins though debit and credit cards.

ICICI Bank today launched the ICICI Bank Visa Signature Credit Card in India. ICICI Bank has become the first bank in India to introduce a premium credit card, after launching Visa Signature Credit Card and this is best among the current premium offerings. This card will be available only to a select few, and unlike most other cards on offer today, will be priced.

The ICICI Bank credit card DMA (Direct Marketing Agency) was inaugurated at the office of the Dexterous Solutions at Thavakkara Complex here on Monday by Kalamandalam Ramdas.

Maheshchandra Baliga, president of the North Malabar Chamber of Commerce, made the first application for the credit card at the function.

Anish V R, manager of ICICI Bank, North Kerala, presided over the function. Devasya Mecheri, district president of Kerala Vyapari Vyavasayi Ekopana Samithi, and K P Sathish, president of Thavakkara Complex Shop Owners Association, offered felicitations. Earlier, Shajprashanth K A, proprietor of Dexterous Solutions, welcomed the gathering. Bhanu Vidyadharan, administrative assistant, proposed a vote of thanks.

The ICICI Bank, a leading Indian bank, Monday announced the launch of a gems and jewelry industry specific platinum credit card. The announcement was made at a seminar titled "Maximizing Opportunities: A Perspective on Relationships with Banks", held at IIJS in Mumbai.

The card, launched with the GJEPC, will have an enhanced credit line of Rs. 1.5 - 2 million ($37,000 - $49,000), which will be available at a reportedly attractive interest rate.

The card was launched jointly by Sanjay Kothari, chairman GJEPC; Vasasnt Mehta, vice chairman GJEPC; Sachin Khandelwal, senior general manager & head of the Cards Product Group of the ICICI and Sanjeev Mantri, general manager, SME Lending Portfolio Group, ICICI.

Khandelwal said that the ICICI's total lending to the sector is currently at around $1 billion, of which about 50 percent is to the retail business.

He further stated that the bank's total credit card business amounted to roughly Rs. 5 billion ($122.9 million). Of this, the share of the gem and jewelry industry was around 10-15 percent, which trails only the travel and tourism industry and is "catching up fast."

TIMES Internet Ltd (TIL) and ICICI Bank have come together for a new offering that promises to make shopping on the net convenient and secure. On Monday the 'Indiatimes ICICI Bank Credit Card', with additional security features and an exclusive cash back offer, was launched.The card offers an online fraud cover of Rs 20,000.

The 1.8m customers already shopping on Indiatimes will have special access to ShopMore, a dedicated section created on the website, where special offers and discounts will reward customers shopping with the 'Indiatimes ICICI Bank Credit Card.' Offers are also available across all sections on 'Indiatimes Shopping.'

In an exclusive cash back offer, customers will enjoy a flat 5% cash back on air tickets purchased on Indiatimes and a 10% cash back on most categories on Indiatimes shopping. Discounts up to 40% are also available on various products, including audio and video, apparel, health and personal care, home, lifestyle applications, hotel bookings and on Indiatimes subscription.

Forum, one of the largest malls in Bangalore has tied up with ICICI bank to launch the ICICI Bank Forum Credit Card. This credit card will bring host of benefits to to the customers. Here is more about the ICICI Bank Forum Credit Card.

Gitanjali Group, one of the largest integrated diamond and jewellery manufacturers and retailers in India, and ICICI Bank, India's second largest bank, announced the launch of the first 'Jewellery Card'.

This premium credit card is powered by a host of unique features, benefits and rewards and is ideal for patrons looking for greater convenience and exclusive purchase and lifestyle benefits.

The ICICI Bank-Gitanjali Card is a comprehensive credit card that allows cardholders to avail of benefits across 200,000 Merchants in India and more than 22 million merchants internationally. So a consumer using this credit card at any of outlets would be rewarded for all jewellery purchases.

ICICI Bank today launched a co-branded credit card with Amway India to be offered to distributors in 62 locations.

ICICI Bank is also planning to tie up with hotels and other services companies for co-branded credit card, as part of efforts to expand its retail business now at about Rs 20,000 crore.

The credit card segment has grown by over 50 per cent with the number of card holders going up to over a million from 600,000 in 2001-02.

ICICI Bank on Monday, launched Visa Signature Credit Card under its premium card offerings.

This card would be available only to a select few and would be priced, unlike most other cards on offer today, ICICI Bank said in a statement.

Cardholders of the card can enjoy an exclusive bouquet of offers and benefits valued in excess of Rs 50,000, including an attractive Tag Heuer watch or travel vouchers for destination of your choice, besides a Rs 3 crore air travel insurance cover, it said.

To attract more credit card spending, ICICI Bank has launched an EMI Card that provides people convenience to payback their dues on a credit card purchase in equated monthly instalments on zero per cent interest.

''With credit card potential as low as eight per cent in India, we see a lot of potential in an EMI card, especially for newly-married couples who are setting up their home,'' ICICI Bank Head Cards Product Group Sachin Khandelwal said.

Through this credit card a customer could buy any household appliance like a television or a refrigerator and convert the full or partial amount in EMIs of three or six months and pay back without incurring any interest.

Small may not always be beautiful. That's what banks such as Standard Chartered, ICICI, Citibank in India have realised from their experience of mini cards. When launched four years bank, they were ballyhooed as stylish, handy and friendly cards for youngsters but the lack of marketing, overabundance of options in the market spoiled their march forward.

As the name suggests, mini cards are only 40 millimeters by 66 millimeters in size, almost half the size of a standard sized visa card. These cards have a perforated hole at the bottom left corner, so that one can attach them to their key chain, mobile phone or other carry-along devices for greater handiness.