ICICIdirect is an online trading and investment platform on ICICI Securities, the largest stock broker firm in India providing a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group, Indi...
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151. nikesh wadhwani Dec 21, 2008 8:49:13 PM IST | Reply
I am having icici demat account.I suggest u all that never open account in icici demat account because icici never give tips regarding share market what to buy what to sell.All other companies will provide the tips so my suggestion is that.So choice is ours.
How to transfer shares form one account to another account in icici direct. Kindly give the process.
145. Bhagwat Alapure Nov 15, 2008 10:29:18 AM IST | Reply
dear friends, I have open ICICI saving account and they have given me trading account passwords and ID. If I activate this trading account and I would be use long time. they will charge me. I am not interested in share markets and I donot known about markets I should activate or not please suggest me thank you
144. T.M.Gopalan Nov 06, 2008 8:10:31 PM IST | Reply
I have tried to open Demat account in icici direct at Ajmer branch. Two employee of your bank from Ajmer came to me & filled an A/C opening form & took the required formalties & chequeque of Rs 250/ in the month of Aug 08 but till today neither my a/c is not opened nor status of my request is informed to me .please let me know the status of my request
143. srinivasulu reddy s Nov 04, 2008 10:19:18 AM IST | Reply
I WANT ZERO BALANCE SAVINGS ACCOUNT,DMAT ACCOUNT AND ONLINE SHARE TRADING ACCOUNT.
IF YOUR READY TO AVAILABLE THE ABOVE PRODUCTS PLEASE CONTACT MY MOBILE NO.9246432359
142. Namit Rathore Nov 03, 2008 10:41:48 PM IST | Reply
After posting my grievance on this site on 18th Sep, I received calls from people at ICICI Direct and apologised that they did not address my concerns adn immediately appointed a Relationship Manager. Of course I was completely pissed off. But thanks to this site, atleast somebody cared(and dared) to call to address my concerns. While I am not yet fully satisfied with ICICI Direct, as I have in the meanwhile signed up a trading account with Religare and found their RacePro more fast than ICICI Direct's Direct Link. The only big advantage of having account with ICICIDirect is the linking of ICICI Direct and the bank account. Makes it very easy to transfer both ways. Religare takes up to a day when you transfer the money to them (personal Experience)and when you withdraw your money, it comes to your bank account after 2 days ( I am told so)
141. Pramod Kumar Sahu Oct 30, 2008 9:07:48 PM IST | Reply
Hi I am a mech. engineer and only 21 years and I have just opened a demat account in ICICI bank, please advice how much money I should invest to just know the basics.
140. Mathew Antony from Bahrain Oct 26, 2008 8:22:09 PM IST | Reply
I have account with ICICI Bahrain. My company is transfering my salary to ICICI Bah.I would like to open Demat account,Trading account to do online share trading.Expecting reply.
I tried to open an online A/c but it is asking for zip code, in Canada we have postal code which it does not accept. Further, it will not accept my tel no, do you have any phone no. for help
136. Rajesh sharma Oct 17, 2008 1:53:28 PM IST | Reply
i have recently taken bsnl broadband for icicidirect tradind purpose but excet icicidircr login, tradind link all links are open even all other websites are easily opencan u suggest me how am able to open my login and startig tradind eith icicidirecr Thanks
ofcourse icicidirect.com is ggod site for on line trading, but their brokerage charges are very high, most of the profit goes in to the brokerage. if they can reduce the charges then it is very good site for online trading.
133. ICICI Bank Service Team Sep 30, 2008 5:15:24 PM IST | Reply
September 30, 2008
Dear Sir/ Madam,
We greatly value your relationship with us. In the context of the developments in the international financial markets, we thought it pertinent to bring to you our perspective of the prevailing situation.
We would like to bring to your attention that the Indian banking system is well regulated and significantly insulated from global developments. This is because it is mandatory for all Indian Scheduled Commercial Banks to retain 34% of the deposit base in the form of Government Securities (SLR) and cash with RBI (CRR). Besides, sound policies of RBI have ensured prudent credit practices in the Indian Banking system.
ICICI Bank is already compliant with the BASLE II requirement in respect of risk management practices and capital adequacy. At 13.4%, ICICI Bank has one of the highest capital adequacy ratios in the Indian banking industry. Last year, ICICI Bank raised Rs. 20,000 crores (US $ 5 billion) of equity capital, which almost doubled our equity capital base. We have a net worth of over Rs. 47,000 crores (US$ 10 billion), again one of the highest in the banking industry in India We have consolidated total assets of over Rs. 4,84,000 crores (over US $ 105 billion), which is diversified across a wide range of asset classes across retail, wholesale and rural banking.
ICICI Bank is amongst the most profitable banks in India. In FY 08, ICICI Bank made a profit of Rs. 4,158 crores (US$ 900 million).
ICICI Bank has the highest credit ratings in the Indian financial sector. We have AAA ratings for our instruments, such as senior bonds, subordinated bonds, and deposits. We have the highest foreign currency bond ratings assigned to any Indian bank from Moodys and S&P.
We continue to invest in growth, indicating our confidence in the opportunities in the Indian market. In 07-08, ICICI Bank added 650 new branches, taking the total strength to over 1400 branches.
We thank you for reposing trust in us over the years. We look forward to setting new benchmarks in service levels in India and to create a bank that you will continue to be proud of.
As a testimony to the above, please find below the clarification given by Reserve Bank of India.
Date : 30 Sep 2008 RBI Statement on ICICI Bank's Financial Position There are reports in some sections of the media that based on rumours regarding the financial strength of ICICI Bank, depositors are withdrawing cash at its ATMs and branches in some locations.
It is clarified that the ICICI Bank has sufficient liquidity, including in its current account with the Reserve Bank of India, to meet the requirements of its depositors. The Reserve Bank of India is monitoring the developments and has arranged to provide adequate cash to ICICI Bank to meet the demands of its customers at its branches/ ATMs.
The ICICI Bank and its subsidiary banks abroad are well capitalised.
Alpana Killawala Chief General Manager
Press Release : 2008-2009/412
Uma Lakhani Office of Head Service Quality ICICI Bank Ltd.
132. kamal hyder Sep 24, 2008 1:52:38 PM IST | Reply
I would like to open an account in ICICIDIRECT for buying or selling shares.Please guide me.i am from Guwahati,Assam.How to get in touch with ICICI