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Important notice: This is to inform you that your new Home Vantage current Account may now take a couple of days more to open. This is due to additional regulatory checks on your account application which have come into effect due to UK Home Office requirements. We regret the inconvenience caused. Please be advised in order to keep our systems up to date and to carry out essential/routine maintenance, there will be a scheduled downtime across our network from 16 June 2023, between the hours of 8:15 pm to 8:45 pm GMT, and you will be unable to access your debit card. We are sorry if this affects you. You may use the services once they are up. Please be advised in order to keep our systems up to date and to carry out essential/routine maintenance, there will be a scheduled downtime across our network from 21 June 2023, between the hours of 8:00 pm to 10:00 pm GMT, and you will be unable to access your debit card. We are sorry if this affects you. You may use the services once they are up.

• Domestic The Current Account product provides a range of services like Anywhere Banking in India • Startup An end-to-end solution for startup founder which includes tailor made bundled products • CA for Power of Attorney Facilities are available to customer in this accounts without limitation on transactions like Cash deposit/withdrawal • Dividend Account It facilitates payments to shareholders / investors / beneficiaries at specified locations across the country for dividend • Government e-marketplace (GeM) account Account specifically designed for government suppliers • Specialized Current account Account for Indian Entities, Account for Foreign Entities and more • Escrow account Cater to all the Escrow Account requirements such as Sale purchase transactions • Digi Escrow An innovative digital platform to execute escrow transactions online • Nodal account A specialized account for payments to merchants for online purchase of goods and services • Fixed Deposits Fixed Deposites and more • Settlement a/c for all the securities & commodities exchanges Settlement a/c for all the securities & commodities exchanges • Scheme of deposit a/c These accounts are used for keeping the secuties provided as margin with exchanges • DEMAT (Custodial/non-custodial) Holding and transacting with securities in dematerialized form • EEFC Account EEFC Account and more • INR Vostro account As part of correspondent banking, ICICI Bank, India offers Rupee account (INR) to foreign banks. • ACU Do...

Veteran banker Narayanan Vaghul, while speaking to Business Today, said that industrial houses should not get banking licences and the Indian banking system must be run by professionals. He was responding to a question on whether the Reserve Bank of India should hand out more banking licences. Vaghul also spoke at length about the PSU banks versus private banks debate, the Indian banking system, and much more. On how PSU banks can improve operations, Vaghul said that the government should step out of the PSU banks in order to increase its efficiency. He further mentioned that RBI held shares of the State Bank of India for the longest time and therefore it is very important that the government should step out of the banking system to ensure seamless operations of banks. While talking about the need for more banks, Vaghul said that the size of banking should reflect on the size of the economy. “Indian banking is far ahead in terms of technology and we have to prepare ourselves for banking in 2030.” He also spoke about gender neutrality in the banking sector. “Gender neutrality is a must for any organisation and we should remove barriers for women.” The 87-year-old, who formerly headed ICICI Bank, said going forward, the private sector banks' play in the financial sector will grow so fast that automatically the heft of public sector banks will keep moving down. In April, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman launched ‘Reflections’, a book authored...