ICICI Bank launched a cardless cash withdrawal facility from its ATMs with a per-day transaction limit of Rs.20,000. This service enables customers to withdraw cash from over 15,000 ATMs of the bank by simply raising a request on iMobile, its mobile banking application. "It is a simple and convenient way to withdraw cash without using a debit card," the bank said in a statement.

Managing Director and CEO of ICICI Bank has moved the Bombay High Court against the bank on her 'termination' from the company. The matter is listed on the Bombay High Court website on its cause list for December 2. This would be the first such case in India where a private bank's former chief has moved court against termination.

Twenty five years ago when Aditya Puri and Paresh Sukthankar sat with a band of bankers to tell potential investors in the initial public offering of HDFC Bank what they intended to do in their first three years, few knew what was possible. But regulations demanded they provide a business plan if they wanted capital from public markets.