Page 22 - Icici Bank
Targets indicate more upside for ICICI Bank; growth triggers remain
The gross non-performing assets (NPA) to net NPA ratios declined 26 basis points and 7 basis points quarter on quarter (QoQ) respectively to 2.81 per cent and 0.48 per cent
 "Targets indicate more upside for ICICI Bank; growth triggers remain")
Financials power Indian shares after quarterly results Reliance, ICICI Bank
Private lender ICICI Bank posted a 30% surge in the March-quarter profit, helped by improved net interest income and loan growth
 "Financials power Indian shares after quarterly results Reliance, ICICI Bank")
Banks, Wipro lift indices in fag-end; Sensex up 401 pts, Nifty tops 17,700
CLOSING BELL: The gains in benchmark indices were led by HDFC Life (up 6.4 per cent), Wipro, ICICI Bank, Titan, Axis Bank, SBI, Hero MotoCorp, Grasim, and Adani Ports
 "Banks, Wipro lift indices in fag-end; Sensex up 401 pts, Nifty tops 17,700")
RIL, ICICI Bank: Trading outlook for buzzing stocks of the day
Except for Hindustan Zinc, which hit a new historic peak in the Q4, others have remained laggards.
 "RIL, ICICI Bank: Trading outlook for buzzing stocks of the day")
Stocks to watch: RIL, ICICI Bank, YES Bank, Hindustan Zinc, Sun Pharma
Stocks to watch today: From Reliance Industries to ICICI Bank, here are top stocks to watch in Monday's trading session
 "Stocks to watch: RIL, ICICI Bank, YES Bank, Hindustan Zinc, Sun Pharma")
ICICI Bank Q4 net profit rises 30% to Rs 9,122 crore on margin expansion
ICICI Bank's yield on advances was 9.75 per cent during the January-March quarter, and in the previous quarter it was 9.13 per cent
 "ICICI Bank Q4 net profit rises 30% to Rs 9,122 crore on margin expansion")
Q4 results: ICICI Bank consolidated net profit up 27% to Rs 9,852 crore
On a standalone basis, the largest private sector lender reported a nearly 30 per cent jump in its net profit for the March quarter at Rs 9,121.87 crore
ICICI Bank to report Q4 result on April 22; here's what brokerages expect
ICICI Bank is slated to report its January-March quarter result on Saturday, April 22
 "ICICI Bank Credit Cards: 1.3+ Million New Credit Cards Issued Since 2021")
Top card cos to go live with UPI-linked RuPay credit card feature by June
The feature seeks to include 50 million UPI merchants in the formal credit economy and drive consumption in a big way
 "Top card cos to go live with UPI-linked RuPay credit card feature by June")
Mcap of 7 of top-10 most valued firms climb Rs 67,859 cr; ICICI Bank shines
Seven of the top-10 most valued firms together added Rs 67,859.77 crore in market valuation in a holiday-shortened last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the 30-share BSE Sensex climbed 598.03 points or 0.99 per cent. Equity markets were closed on Friday (April 14) on account of Ambedkar Jayanti. From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, HDFC, ITC, State Bank of India and Bharti Airtel were the winners, while Tata Consultancy Services (TCS), Hindustan Unilever and Infosys were the laggards. The market valuation of ICICI Bank jumped Rs 17,188.25 crore to Rs 6,27,940.23 crore. HDFC Bank's valuation rallied Rs 15,065.31 crore to Rs 9,44,817.85 crore. The market valuation of HDFC climbed Rs 10,557.84 crore to Rs 5,11,436.51 crore and that of ITC zoomed Rs 10,190.97 crore to Rs 4,91,465.96 crore. Reliance Industries market capitalisation (mcap) surged Rs 9,911.59 crore to Rs 15,93,736.01 crore. The mcap of State B
 "Mcap of 7 of top-10 most valued firms climb Rs 67,859 cr; ICICI Bank shines")
Credit card spends touch all-time high of Rs 1.37 trillion in March
As per latest data, almost 63 per cent of the spends or a little over Rs 86,000 crore came from e-commerce while the rest was at point of sales (PoS) terminals
 "Credit card spends touch all-time high of Rs 1.37 trillion in March")
ICICI Bank to offer EMI facility for UPI transactions above Rs 10,000
Customers can pay transaction amount above Rs 10,000 in the form of instalments in three, six, or nine months
ICICI Bank to offer EMI facility for UPI transactions above Rs 10,000
Customers can pay transaction amount above Rs 10,000 in the form of instalments in three, six, or nine months
 "ICICI Bank to offer EMI facility for UPI transactions above Rs 10,000")
Eight of top-10 firms lose Rs 1.03 trn in market-cap; RIL, ICICI hit hard
Eight of the top 10 valued firms faced a combined erosion of Rs 1,03,732.39 crore in market valuation last week, with Reliance Industries and ICICI Bank taking the biggest hit amid an overall weak trend in equities. During the holiday-shortened week, the 30-share BSE Sensex declined 673.84 points or 1.12 per cent amid concerns over the quantum of the next interest rate hike by the US Federal Reserve. Barring Bharti Airtel and ITC, eight firms suffered erosion from their market capitalisation (mcap). The market valuation of Reliance Industries plummeted by Rs 41,878.37 crore to Rs 15,71,724.26 crore, the most among the top 10 firms. The mcap of ICICI Bank tumbled Rs 18,134.73 to Rs 5,88,379.98 crore. The valuation of HDFC Bank tanked by Rs 15,007.38 to Rs 8,86,300.20 crore, and that of State Bank of India eroded by Rs 12,360.59 to Rs 4,88,399.39 crore. HDFC's market valuation diminished by Rs 6,893.18 crore to Rs 4,77,524.24 crore. Tata Consultancy Services' (TCS) valuation slump
 "Eight of top-10 firms lose Rs 1.03 trn in market-cap; RIL, ICICI hit hard")
ICICI Bank given time till Sept 2024 to pare stake in ICICI Lombard
Lender currently holds a little over 48% in the general insurer; must bring that down to 30%
M-cap of 5 of top 10 valued cos climbs Rs 88,605 cr; SBI, ICICI top gainers
Five of the top 10 valued firms together added Rs 88,604.99 crore to their market valuation last week, with State Bank of India and ICICI Bank emerging as the biggest gainers. While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains in their market valuation, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever and ITC were the laggards. Last week, the BSE benchmark climbed 345.04 points or 0.58 per cent. The valuation of State Bank of India jumped Rs 35,832.32 crore to Rs 5,00,759.98 crore, the most among the top-10 firms. The market capitalisation (mcap) of ICICI Bank rallied Rs 20,360.13 crore to Rs 6,06,514.71 crore. HDFC Bank's valuation climbed Rs 15,236.59 crore to Rs 9,01,307.58 crore and that of HDFC advanced Rs 13,051.48 crore to Rs 4,84,417.42 crore. The mcap of Bharti Airtel rose by Rs 4,124.47 crore to Rs 4,26,158.52 crore. However, the market valuation of Infosys plunged Rs 30,150.9 crore to Rs 6,22,711.8
 "M-cap of 5 of top 10 valued cos climbs Rs 88,605 cr; SBI, ICICI top gainers")
ICICI hikes MCLR, Suryoday Small Finance Bank revises FD rates
Overnight and one-month MCLR rates are now at 8.50%, while the MCLR for three months is at 8.55%, ICICI Bank's website showed
 "ICICI hikes MCLR, Suryoday Small Finance Bank revises FD rates")
Half of Nifty 50 stocks yet to reclaim Budget peaks, breadth stays fragile
Selective stocks like Bharat Petroleum Corporation, Divi's Laboratories, Hindalco Industries, Hero MotoCorp and State Bank of India, the technical charts are reflecting clear weakness.
 "Half of Nifty 50 stocks yet to reclaim Budget peaks, breadth stays fragile")
Nifty charts suggest upward bias likely in the near-term, says Vinay Rajani
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Poonawala Fincorp and ICICI Bank
 "Nifty charts suggest upward bias likely in the near-term, says Vinay Rajani")