Page 18 - Icici Bank

ICICI Bank's profitability solid despite AIF provisioning, margin pressure

Ratings agency S&P said that the bank's better customer profile and underwriting compared to many Indian banking peers should also limit losses

ICICI Bank stock shines in a dull market on good performance in Q3

The net advances grew by 18.5 per cent YoY and 3.9 per cent QoQ. Deposits stood at Rs 13.3 trillion, with CASA ratio at 39.4 per cent down 20 bps sequentially

Sensex slides 1,053 pts, Nifty ends below 21,250; ZEE plunges 31%, RIL 2%

Stock market highlights on Tuesday, January 23: The BSE MidCap and SmallCap indices fell nearly 3 per cent each. Sectorally, the Nifty Media index crashed 13 per cent

ICICI Bank Q3 net profit jumps 23.6% to Rs 10,272 cr, NII up 13.4%

Net Interest margins dip on rise in cost of deposits; makes Rs 627 crore provision to AIF exposure

ICICI Bank's Q3 profit at Rs 10,272 cr on account of strong loan growth

Indian lenders have been reporting double-digit loan growth consistently over the past few months owing to higher demand, but rising deposit costs have squeezed their margins

Stocks to Watch on Jan 20: RIL, Paytm, ICICI Bank, Prataap Snacks, RBL Bank

Stocks to Watch on Saturday, January 20, 2024: RIL, on Friday, reported a 9.3 per cent year-on-year (Y-o-Y) increase in its consolidated net profit, at Rs 17,265 crore, for Q3FY24

ICICI Bank Q3 loan book may grow 19%; asset quality seen steady: Analysts

ICICI Bank is scheduled to report its Q3FY24 results on Saturday, January 20

Chart check: Bias turns negative for HDFC Bank as stock dips below 200-DMA

The sharp fall in the last two-days has dented the charts of HDFC Bank, suggesting further downside amid some consolidation.

Mutual funds lapped up bank shares in December on valuation comfort

Amid high valuations across most of the market segments, most fund managers are seeing opportunity in the banking sector, especially large private banks

ICICI Bank ends Axis' 16-year run as rupee bond market king on higher sales

Axis Bank, which dominated the local-currency bond market from 2007 to 2022, came in third after arranging 763.5 billion rupees of transactions

ICICI hiring 30 investment bankers on expectations of record fundraising

Positions range from associate to executive vice president level, with most of the senior hires coming from rival banks, Saraf told Bloomberg News in a recent interview in Mumbai.

SBI, HDFC Bank will need to maintain higher capital from FY25, says RBI

The additional Common Equity Tier 1 (CET1) requirement will be in addition to the capital conservation buffer

RBI, Mumbai banks receive bomb threat demanding resignation of FM

Mumbai Police are investigating an email claiming bombs planted have been at 11 locations, calls for resignation of RBI governor and finance minister

Stocks to Watch: Allcargo Logistics, Mazagon Dock, Cochin Ship, Inox India

Stocks to Watch on December 21, 2023: Inox India will make its debut on the bourses today; Ultratech Cement has entered into an agreement to acquire 26 per cent stake in Clean Max Terra

ICICI Bank faces Rs 7.47 cr GST demand from Maharashtra department

The demand is based on the disallowance of input tax credit claimed, as per the GST audit conducted by the Maharashtra GST Department

Several banks raise FD rates in December, offer up to 8% interest

On Monday, Kotak Mahindra Bank raised fixed deposit (FD) interest rates by up to 85 basis points. Kotak Mahindra customers can now earn up to 7.80 per cent on senior citizen FDs

Supreme Court dismisses Chanda Kochhar's plea for retirement benefits

The bench, however, said 'no interference' is required and dismissed the appeal

SC dismisses Chanda Kochhar's plea for retirement benefits from ICICI bank

The Supreme Court on Friday refused to entertain former ICICI bank managing director and CEO Chanda Kochhar's plea seeking retirement benefits from the bank. A bench of Justices Sanjiv Khanna and SVN Bhatti said, "Not a case for interference. We are not inclined to interfere with the high court order. The special leave petition is dismissed." At the outset, senior advocate Harish Salve, appearing for Kochhar said the high court had dismissed the petition without any discussion or finding. The bench said it has seen the facts involved and the case does not warrant any interference. Kochhar has challenged the Bombay High Court's May 3 order, which dismissed her petition saying grant of any interim relief to her would cause irreparable damage and prejudice to the bank. Meanwhile, another top court bench headed by Justice Bela M Trivedi adjourned the hearing on a separate plea filed by CBI challenging grant of interim bail to Kochhar. The plea of the probe agency will now be heard on

Nomura hikes India exposure; M&M, Fortis, UNO Minda among favourites

Reliance Industries is Nomura's biggest exposure where the research and broking house has a 4.5 per cent weight

Nifty hits new all-time high: Here's a look at stocks that drove the rally

Nifty hits fresh record high: Since September 15, automobile and energy linked stocks have outperformed the markets