Page 48 - Icici Bank

ICICI Bank stock a good bet, but look out for retail non-performing assets

With the Street getting a tad cautious on HDFC Bank and SBI, market interest is moving towards ICICI Bank

Air India's arm raises Rs 7,000 cr from bond market to dilute debt burden

The bond was floated at 6.99%, around 86 bps higher than the three-year govt bond yield, to be followed by a Rs 15,000 crore bond issue in two weeks

Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank lead

The market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore

Sebi imposes Rs 12 lakh fine on ICICI Bank, officer for disclosure lapses

The regulator during an investigation found that a "binding implementation agreement" was signed between ICICI Bank and Bank of Rajasthan on May 18, 2010 and disclosed one trading day late

Top 10 biz headlines: External benchmarking of rates, GST cut mooted & more

From RBI making it mandatory to link all fresh retail loans to an external benchmark to the FinMin crunching numbers to estimate revenue loss from GST rate cuts, here are today's top business news

Wipro secures $300 million worth IT contract from ICICI Bank

The IT firm to buy out this business from Vara Infotech for Rs 321 crore; to absorb 3,800 staffers

ICICI bank loans get cheaper! Lending rates cut by 10 bps across maturities

With this cut, which comes amid repeated RBI nudges to slash rates, the total quantum of rate reduction by the bank since April goes to 0.20 percent

ICICI Bank targets 23% retail loan growth at Rs 4,900 cr in UP during FY20

The private sector lender to lean on two segments of the business, namely consumer loans and mortgages

Valuation rerating ahead for ICICI Bank; Q1 loan growth at 14-quarter high

While the bank is headed for better days, it is important for investors not to lose sight of a few critical aspects

ICICI Bank gains 5% in weak market after posting Rs 1,980 cr profit in Q1

The stock was trading close to its all-time high level of Rs 444 touched on June 27, 2019, on the BSE in intra-day trade

ICICI Bank swings into black in first quarter on higher retail loan growth

ICICI, like its peers, also said India's ongoing economic slowdown weighed on its performance in the quarter

ICICI Bank back in the black in Q1 with net profit of Rs 1,908 crore

Saw Rs 120-crore loss in year-ago quarter

ICICI Bank looks to mop up 15,000 cr in equity capital this financial year

The funds mopped up could be utilised primarily to aid the bank's growth

SBI, ONGC to lead Nifty earnings growth in June quarter: Morgan Stanley

Based on consensus estimates and their own analysis, earnings for the Sensex and Nifty indicate a growth of 4% and 6% YoY, respectively at the aggregate level.

ICICI inks pact with Indostar Capital to finance commercial vehicles

Under this partnership, IndoStar will originate and service the customers through the entire loan life-cycle including sourcing, documentation, collection and loan servicing

ICICI Bank cuts lending rates by 10 bps weeks after slashing deposit rates

The one-year MCLR, to which a majority of loans like residential mortgages and auto loans are tied, now stands at 8.65%

ICICI Bank still affordable for investors as positive triggers intact

New management in place, asset quality on mend and reasonable valuations bode well for the stock.

ICICI Bank moves NCLAT to seek early hearing on JAL insolvency plea

JAL owes around Rs 1,296 crore and the bank had approached NCLT to recover the dues by filing an insolvency plea

Former ICICI Bank CEO Chanda Kochhar skips ED date; to be summoned again

The Enforcement Directorate (ED) had last month questioned and recorded the statements of Chanda Kochhar and her husband Deepak Kochhar over multiple sessions.

Fitch downgrades ICICI Bank rating from BBB- to BB+ amid banking distress

The rating action comes amid the challenges the bank faces in its operating environment, Fitch Ratings said in a statement