This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raised during calendar 2007, according to financial data firm Refinitiv
Earlier in the day, its larger rival HDFC Bank also said that the business has returned to pre-COVID pandemic levels
HDFC Bank's business is back to pre-covid levels, says Aditya Puri
The additional borrowing could take full-year issuance to a new high of 13 trillion rupees from the current 12 trillion rupees target, according to Bloomberg calculations
The stock of ICICI Bank has witnessed a decent correction recently and has maintained the support zone near 360 levels
All that happened in the markets today
All that happened in the markets today
ICICI Bank on Monday said it has got exemption from paring stake in its life and non-life subsidiaries to 30 per cent for a period of three years.
Morgan Stanley believes the banks could provide aggressively for bad loans (unlike the banking system) and accelerate the pace of loan market share gains as the economy stabilizes
PMLA court rejects Kochhar's plea for meeting family members during custody
Tata Consultancy Services and HDFC Bank were the only gainers among the 10 most valued listed firms
Foreigners have remained net buyers even after data Monday showed India's economy shrank by a record 23.9% in the June quarter
At least three major brokerages are looking at making such offerings available to their clients
Indian private banks have had a decade of strong growth, reflected in much higher loan CAGR of 19.6%
The bank got the Reserve Bank of India's approval for the appointment for a period of three years with effect from October 1, 2020
Impact of rising bad loans may become discernible only in the second half of FY21. This may hurt asset quality and earnings growth, particularly of small and medium-sized banks
So far, there have been varied views with regards to the percentage of loans that may seek restructuring.
Hopes of improvement in asset quality, better credit growth and lower valuations are supporting factors
ICICI Bank on Friday said it has sold 2 per cent stake in its subsidiary firm ICICI Securities Ltd (I-Sec) through an open market transaction for Rs 310 crore