The country's largest private lender HDFC Bank had the highest share in restructuring at Rs 17,395 crore, followed by another private lender ICICI Bank at Rs 4,156 crore
Shares of ICICI Bank on Monday jumped over 11 per cent after the company reported its highest ever quarterly profit on standalone basis at Rs 5,511 crore in the September quarter. The stock jumped 10.80 per cent to close at Rs 841.05 on BSE. During the day, it zoomed 13.25 per cent to its record high of Rs 859.70. On NSE, it gained 11.51 per cent to settle at Rs 846.75. The company's market valuation rallied by Rs 56,959.85 crore to Rs 5,83,350.85 on BSE. ICICI Bank was the biggest gainer in the Sensex pack. In volume terms, 27.87 lakh shares were traded on BSE and over 9.61 crore shares on NSE. ICICI Bank on Saturday reported its highest ever quarterly profit on standalone basis at Rs 5,511 crore for September quarter 2021-22 on the back of healthy loan growth across verticals, aided by fall in bad loans. The lender had posted a standalone net profit of Rs 4,251 crore in the year-ago period. "This would be the highest net profit ever...our capital is growing, the economy is gr
Stock market LIVE: The Bank Nifty ended 2 per cent higher at fresh record highs, while the broader indices - both BSE Mdicap and Smallcap declined around 1.7 per cent each
Reliance needs to sustain above Rs 2,700 for a strong upward momentum, while ICICI Bank seems to be on track to Rs 900 level
The markets are likely to react to Reliance and ICICI Bank results at the opening bell today
This is not the first time the bank has repatriated capital from its foreign arms
Asset quality of the lender improves; net interest margin rises to 4%
Net interest income increases by 25% year-on-year; asset quality improves
Stock market LIVE: Financial shares helped limit the losses, while IT, metal and FMCG shares weighed on the benchmark indices; Midcap, Smallcap indices decline over a per cent each
State-run PSU banks are likely to be in focus today as government plans to shore up capital requirement in Q2; Focus will also be on other corporate results
In absolute terms, the NII may come in the range of Rs 10,711.9 crore to Rs 11,389 crore, say analysts
Leading the gainers' chart, HDFC Bank's valuation jumped Rs 46,348 cr to Rs 9.3 trn
HDFC Bank was ranked seventh with a market cap of $119 billion
ICICI Bank on Thursday said ICICI Lombard General Insurance has ceased to be its subsidiary, as shareholding of the bank has come down to 48 per cent after the merger of Bharti AXA with the insurer.
At the closing price, the lender was valued at Rs 4.98 trillion; HDFC Bank is the only lender valued higher, at Rs 8.74 trillion
A case has been registered against Karvy Stock Broking Ltd promoter C. Parthasarathy and others for allegedly cheating ICICI Bank to the tune of Rs 563 crore.
CARE Ratings has revised its outlook on Dollar Industries' long-term facilities from Stable to Positive
The shareholders at the annual general meeting held on August 9, 2019, had already approved the appointment of Bakhshi for a period effective from October 15, 2018, upto October 3, 2023
ICICI Bank was been the biggest gainer in the December-June period
HDFC Bank, ICICI Bank and Axis say bulk of the loans marked substandard in April-June was in retail category, but expect turnaround as lockdowns end.