Technically, ICICI Bank is poised for an upside up to 10 per cent, while ICICIGI must sustain over the 200-DMA
In a similar move, The RBI had given the HDFC Bank the permission to increase its take in HDFC Life Insurance and HDFC Ergo General Insurance beyond 50 per cent
ICICI Bank would acquire at least 2.5 per cent stake out of the above 4 per cent before September 9, 2024.
Earlier plan was to cut stake below 30%
Currently, Zomato UPI has been rolled out to select users only. Further expansion of the service will hinge on the initial customer response
Private lender's sacked chief has filed a lawsuit asking her former employer to fulfill contractual responsibilities
Digital Rupee opens up exciting opportunities and if implemented correctly, it can accelerate the migration from paper-based currency to digital, said Pine Labs CEO B Amrish Rau
With the incremental credit-to-deposit ratio running at 111%, Indian banks will have to pay more to savers - sacrificing some part of their high profitability
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
Private lender ICICI Bank posted a 30% surge in the March-quarter profit, helped by improved net interest income and loan growth
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
Except for Hindustan Zinc, which hit a new historic peak in the Q4, others have remained laggards.
Stocks to watch today: From Reliance Industries to ICICI Bank, here are top stocks to watch in Monday's trading session
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
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 is slated to report its January-March quarter result on Saturday, April 22
The feature seeks to include 50 million UPI merchants in the formal credit economy and drive consumption in a big way
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
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