Icici

ICICI Prudential AMC to launch IPO on Dec 12 as Prudential sells 10% stake

Prudential will sell up to 49 million shares in the IPO, compared with an earlier plan of 17.7 million shares, ICICI Prudential said in a filing late on Friday

Nifty Bank rejig trims HDFC and ICICI Bank heft; shares fall 1.25%

Outflows of over $300 million each

Q2 results today: ICICI, HDFC Bank, UltraTech Cement, 23 others on Oct 18

Q2FY26 company results: Many banks including IDBI, IDFC First, IndusInd, Jammu & Kashmir Bank, and Punjab National Bank will also release their September quarter earnings reports today

ICICI Bank gets ₹49 crore GST demand over alleged short payment of tax

ICICI Bank on Wednesday said tax authorities have slapped a demand notice of Rs 49.11 crore on it for alleged short payment of GST. In a regulatory filing, ICICI Bank said, on September 15, 2025, it received an order in appeal under section 107 of the West Bengal Goods and Services Tax Act, 2017, from Additional Commissioner of Revenue (Appeals), West Bengal, raising a demand amounting to Rs 49.11 crore (tax Rs 23.52 crore interest Rs 23.23 crore and penalty Rs 2.35 crore). The aforesaid order in appeal includes an issue relating to GST demand on services provided by banks to customers maintaining specified minimum balances in their accounts. In the past, the bank had received show cause notices (SCNs) and order(s) on the same issue from various tax authorities, it said. While the bank has filed writ petition (s) against the SCNs, since the aggregate/cumulative amount involved in the above crosses the materiality threshold, this matter is being reported, it said. The bank will take

Sponsor banks boost MF flows as SBI, HDFC Bank, ICICI Bank add heft

Bank-sponsored fund houses led by SBI, HDFC, and ICICI drove MF inflows in FY25, aided by their vast customer base and distribution networks

Lenders look to sell Jaiprakash Power's convertible shares in open market

ICICI Bank is in talks with power companies to facilitate sale of bankrupt company's unit

Analysts suggest 'buying' ICICI Bank stock, hike target price on Q1 beat

The private sector lender reported a 15.5 per cent year-on-year (Y-o-Y) rise in standalone net profit to ₹12,768 crore in Q1FY26, supported by strong treasury gains and healthy credit growth.

Mcap of 6 of top-10 firms jumps ₹1.62 trn; Airtel, Reliance biggest gainers

The combined market valuation of six of the top-10 most-valued firms jumped Rs 1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers, in-line with an optimistic trend in equities. Last week, the BSE benchmark gauge jumped 1,289.57 points, or 1.58 per cent. Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India and Infosys were the gainers, while TCS, LIC, Bajaj Finance, and Hindustan Unilever faced erosion from their market valuation last week. The market valuation of Bharti Airtel surged Rs 54,055.96 crore to Rs 11,04,469.29 crore. Reliance Industries added Rs 50,070.14 crore, taking its valuation to Rs 19,82,033.60 crore. The valuation of HDFC Bank jumped Rs 38,503.91 crore to Rs 15,07,281.79 crore while that of Infosys was up Rs 8,433.06 crore to Rs 6,73,751.09 crore. The market capitalisation (mcap) of ICICI Bank climbed Rs 8,012.13 crore to Rs 10,18,387.76 crore and that of State Bank of India gained R

Chanda Kochhar once proposed HDFC-ICICI merger, reveals Deepak Parekh

Before the HDFC-HDFC Bank merger, Chanda Kochhar had pitched an ICICI-HDFC merger, says Deepak Parekh in a rare public disclosure

$115 bn fund manager ICICI Prudential bets on short-term Indian debt

The recent slowdown was a "mid-cycle correction", and the central bank's policy support has laid the groundwork for growth to return to its long-term trend

ICICI commits ₹550 cr for Tata Memorial's cancer care centre in Vizag

ICICI Bank and Tata Memorial Centre launch advanced cancer block treat 3,000 patients annually

ICICI Prudential Life: Moderate valuations, health growth prospects

In FY25, embedded value grew 13 per cent with embedded value operating profit (EVOP) growth at 10 per cent Y-o-Y

ICICI Bank joins top peers, cuts rate for savings accounts by 25 bps

Savings account balances of up to Rs 50 lakh will now earn an interest rate of 2.75%: ICICI

ICICI Bank slashes savings account deposit interest rate by 0.25%

ICICI Bank has cut its savings account deposit interest rate by 0.25 per cent, according to the lender's website. The second largest private sector bank's move comes days after larger rival HDFC Bank announced similar move amid a spate of cuts in deposit offerings following RBI's two back-to-back rate decreases. ICICI Bank depositors will earn a 2.75 per cent interest on their savings bank balances of up to Rs 50 lakh, the same as HDFC Bank's offering, as per the website. For balances of over Rs 50 lakh, the rate has been decreased by a similar quantum of 0.25 per cent to 3.25 per cent, as per the website. ICICI Bank's revised rates are applicable from Wednesday. SBI, the country's largest lender, at present offers an interest rate of 2.70 per cent for savings bank accounts. Other lenders have also cut the term deposit rate offerings in the past few days. The deposit rate cuts by lenders have come days after the RBI reduced its key rates for the second consecutive time, taking th

Value stocks on the rise but bargains hard to find: ICICI Securities

Financials and commodities dominate pool of investable value stocks, says brokerage

ICICI Prudential Life Q3 results: Net profit increases 43% to Rs 326 cr

The life insurer reported a standalone profit of Rs 326 crore (about $38 million) for the quarter ended Dec. 31, compared to Rs 227 crore a year ago

ICICI Lombard Q3FY25 results: Net profit jumps 67.9% to Rs 724 crore

The Gross Direct Premium Income (GDPI) slipped by 0.3 per cent to Rs 6,214 crore from Rs 6,230 crore in Q3 FY24 due to the new premium accounting norms

Snapmint raises $18 mn in debt & equity to expand merchant network

The new funds will be used to expand its partnership with more shopping portals, grow its merchant network, and expand its balance sheet

Cong seeks more clarity from ICICI Bank, Madhabi Buch on retiral payouts

Congress leader Pawan Khera also asked why ICICI Bank covered the tax deducted at source for Puri Buch's employee stock ownership plan (Esop)

Even as Sebi WTM, Madhabi Puri Buch drew 'salary' from ICICI Bank: Cong

No payment to her other than retiral benefits, clarifies lender