Icici vanghee

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ICICI Bank Ltd. has entered into an agreement with fintech startup Thillais Analytical Solutions Pvt. Ltd. to buy 9.65% stake in the company for reportedly Rs 1.1 crore. Thillais Analytical Solutions operates a neo-banking platform Vanghee,an open payment platform that can integrate with any ERP / Accounting applications. The first ever application to provide Post-dated digital payments similar to paper based Post-dated Cheques. Vangheefacilitates connected banking solutions for corporates and micro, small and medium enterprises (MSMEs) and helps banks deepen their customer relationships. The deal agreed for a cash consideration of Rs 1.1 crore (Rs 11 million) is expected to be closed by the end of March 2021, ICICI Bank said in a regulatory filing on Tuesday. Post the investment, ICICI Bank will hold 9.65% shareholding, on a fully diluted basis, in Thillais Analytical Solutions through an acquisition of 10 equity shares and 100 compulsory convertible preference shares. On Tuesday, ICICI Bank shares fell 2.30% to Rs 658.50 apiece on the BSE even as the benchmark Sensex ended the day 0.10% lower at 52,104.17 points.

No transaction charges* for the first 6 months on vanghee.com *Bank charges shall be applicable. The availability of the Offer is based on the following criteria: • To avail benefits under the Offer, the ICICI Bank Net Banking User(s)/Cardholder(s) shall be required to make a transaction/purchase on the website, using the ICICI Bank Net Banking Service(s), during the Offer Period February 15, 2020 till March 31, 2023 • This Offer is valid only for a select set of ICICI Bank Net Banking User(s)/Cardholder(s), chosen at the sole discretion of ICICI Bank, who have received a communication about the Offer from ICICI Bank, during the Offer Period • Participation in the Offer by an ICICI Bank Net Banking User(s)/Cardholder(s) is on voluntary basis • The ICICI Bank Net Banking User(s)/Cardholder(s) may avail the Offer during the Offer Period or until the stock lasts, whichever is earlier • This Offer cannot be clubbed with any other Offer that may be made available to the ICICI Bank Net Banking User(s)/Cardholder(s) by the Alliance Partner • This Offer is non-transferable, non-binding and non-encashable • This Offer is not valid for Void Transactions. Steps to avail the offer: • Open https://vanghee.com • Register the User details • Add Business details • Link your ICICI Bank Current Account • Approve the Connected Banking request in ICICI Net Banking • Use it continuously for a period of six months. Offer valid only on ICICI Bank Internet Banking, Credit and Debit Cards. Offer P...