Page 50 - Icici Bank

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

ICICI Version 2.0: Growth minus risks

Now, the bank's mantra was "profitable and sustainable" growth, Kochhar said

NCLT rejects ICICI's plea to start insolvency proceedings against Era Infra

The tribunal held that "on account of duplicacy" of the claims, the petition filed by ICICI Bank "can not be entertained"

ICICI Bank fourth-quarter profit at Rs 969 cr, drops on higher expenses

ICICI Bank on Monday reported a profit of Rs 969 crore in Q4FY19.

ICICI Bank Q4 preview: Analysts see up to 90% rise in PAT, fewer slippages

Net interest income (NII) is also expected to see a jump of about 20 per cent y-o-y to come within a range of Rs 7,100 crore to Rs 7,300 crore

CBI seeks more documents from ICICI Bank in Videocon loan default case

The additional documents have also been sought from NuPower, Supreme Energy and Videocon Group

ICICI Bank-Videocon loan case: Cracking quid pro quo relationships

In the absence of appropriate regulations and sophisticated technology, Indian investigators have their work cut out

Madras HC allows ICICI Bank to recover Rs 221 cr from Subhiksha, guarantors

Confirming the order, V Suresh, counsel for ICICI Bank said that the court dismissed the revision petition and allowed the bank to recover Rs 221 crore, with interest from 2010

Analysts remain bullish on ICICI Bank despite near-term concerns

On Thursday, the counter moved up nearly 3 per cent to Rs 375 levels in intra-day trade, as compared to 0.6 per cent rise in the S& BSE Sensex and 0.7 per cent up move in the S&P BSE Bankex.

ICICI Bank Q3 profit declines 3% to Rs 1,605 cr, GNPA ratio improves

Net interest income up 21% to Rs 6,875 cr, other income rises 9% to Rs 3,404 cr