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...
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)...
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...
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...
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 […]
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...
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...
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,...