Icici Bank

ICICI hikes minimum balance requirement; Draws flak from Kotak exec

ICICI hikes minimum balance requirement; Draws flak from Kotak exec

10 Aug 2025, 15:00 PM

The change will will apply only to new savings bank accounts opened after August 1, 2025.

Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

30 Jul 2025, 11:49 AM

Interestingly, not just payment aggregators, the has decided to charge some large merchants – who use the bank’s UPI directly.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:53 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

Scoop Confirmed! ICICI Bank exiting merchant acquiring JV

Scoop Confirmed! ICICI Bank exiting merchant acquiring JV

14 Dec 2024, 06:19 AM

In August, The Head and Tale was the first to report that ICICI Bank has terminated its exclusive merchant acquiring agreement with ICICI Merchant Services (IMSPL).

Exclusive: ICICI Bank

Exclusive: ICICI Bank's new merchant acquiring strategy

08 Aug 2024, 10:49 AM

In what you can call “the empire strikes back”, a senior banker sees this development signalling a new market trend of traditional financial institutions...

Fintech Highlights

  1. FinBox raises $40 million in Series B round led by WestBridge Capital

  2. Peak XV-backed Groww files revised papers for Rs 7,000 crore IPO

  3. MobiKwik hit by Rs 40 crore fraud involving own merchants, users

  4. RBI secures massive Mumbai land deal to house new office

  5. BeyondSquare Solutions secures $4 million in Series A funding led by Avant Global Corp
  6. Read more news...

AI/Emerging Tech

  1. OpenAI updating ChatGPT to strengthen teen safety measures amid wrongful death lawsuit

  2. AI startup Hyperbound secures Series A funding led by Peak XV

  3. OpenAI ropes in xAI's former CFO as business finance officer

  4. Micro1 raises Series A funding led by VC firm founded by former X executives

  5. OpenAI set for restructure under non-binding deal with Microsoft
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality