Page 6 - Icici Bank

MFs trim blue-chip stocks, cash reserves to capitalise on block deals

Fund managers acquired shares worth ₹10,500 crore in Asian Paints, with SBI MF and ICICI Prudential MF leading the purchase of a nearly 5 per cent stake sold by Reliance Industries

ICICI Prudential AMC files IPO papers, Prudential Corp to sell 10% stake

The IPO will be entirely an offer for sale, with UK-based Prudential Corporation Holdings Ltd (PCHL) planning to divest a 10 per cent stake

Mcap of 6 top valued cos erodes by ₹70,325.5 cr; HDFC, ICICI major laggards

The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries, State Bank of India, Infosys and Hindustan Unilever Ltd were the gainers, while HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, Life Insurance Corporation of India (LIC) and Bajaj Finance faced erosion from their market valuation. HDFC Bank's valuation declined by Rs 19,284.8 crore to Rs 15,25,339.72 crore. ICICI Bank lost Rs 13,566.92 crore in its market valuation which stood at Rs 10,29,470.57 crore. The valuation of Bajaj Finance dropped by Rs 13,236.44 crore to Rs 5,74,977.11 crore and that of LIC diminished by Rs 10,246.49 crore to Rs 5,95,277.16 crore. TCS faced an erosion of Rs 8,032.15 crore from its market capitalisation (mcap) which sto

Notice to ICICI Bank for excluding visually impaired from digital banking

The plea filed in the Delhi High Court alleges that the ICICI Bank's digital platforms fall short of accessibility standards, making it difficult for visually impaired people to carry out basic tasks

ICICI Bank raises ₹1,000 cr via Tier-II bonds at 7.45% amid demand

The lender's first Tier-II bond issue in FY26 drew strong investor interest, allowing tight pricing despite rate volatility; bonds have 15-year maturity with 10-year call

ICICI commits ₹550 cr for Tata Memorial's cancer care centre in Vizag

ICICI Bank and Tata Memorial Centre launch advanced cancer block treat 3,000 patients annually

HDFC, ICICI Bank cut retail deposit rates after RBI repo rate reduction

HDFC Bank and ICICI Bank lower fixed deposit and savings account interest rates following the RBI's 50 basis point repo rate cut amid slow policy transmission

ICICI FD rates drop after RBI's rate cut: See how much you'll earn now

Your current rates remain locked until maturity; only new deposits see lower rates.

How ICICI Bank RM stole Rs 4.6 cr from customers - and what you must learn

The fraudster cleverly used a pool account - a single account where money from multiple sources (like broken fixed deposits, overdrafts, and fake personal loans) was collected.

ICICI Bank staffer siphons ₹4.58 cr, loses it on stocks; bank refunds money

The accused accessed more than 110 accounts linked to 41 customers and redirected funds into stock investments, incurring heavy losses

PSU bank stocks rally on cheap valuation, Q4 boost; will the momentum last?

Despite private banks performing strongly in 2025 so far, the last three months have seen a sharp reversal, with PSU banks taking the lead.

HDFC Bank, ICICI Bank stocks may feel Bank Nifty weight rejig pressure

Capping single-stock weight at 20% in non-benchmark indices may trigger ₹3,800 crore selloff in HDFC, ICICI Bank and pave way for Yes Bank, Union Bank entries

SC upholds ICICI Securities delisting, dismisses plea over valuation

The Supreme Court rejected investor Manu Rishi Gupta's challenge to ICICI Securities' delisting and merger with ICICI Bank, calling the valuation process fair

ICICI, HDFC Bank again cut fixed deposit rates, trim rates by up to 20 bps

Private-sector lenders, ICICI and HDFC Bank, will offer senior citizens up to 7.35% returns for their deposits

ICICI Bank ends PayLater on UPI: Here's what's changing for users now

ICICI Bank has discontinued its PayLater credit line on UPI for all users. Existing dues must be paid, but other banking services stay unaffected. Here's what you need to know.

ICICI Bank unlikely to increase its headcount on a net basis in FY26

ICICI Bank may not increase its workforce in FY26 despite adding branches, as it focuses on realignment, efficiency and digitisation, says Macquarie conference note

RBI imposes penalty on ICICI, Axis, BoM, IDBI, BoB for violating norms

ICICI, Axis, Bank of Baroda, Bank of Maharashtra and IDBI Bank penalised by RBI for breaches including delayed reporting, excessive charges, and non-compliant operations

RBI fines ICICI, Axis, three other banks for regulatory compliance lapses

The RBI said the banks' non-compliance involved cybersecurity, customer charges, KYC norms, and internal account mismanagement

FY25 staff count: HDFC Bank adds just 994, ICICI Bank trims over 6K

It remains to be seen if this is a broad trend across the banking sector, as major banks including Axis Bank and State Bank of India (SBI) are yet to report their Q4 earnings

Business banking gives strong boost to ICICI Bank's domestic retail book

"Balance sheet growth was healthy in the context of the peer set, with business banking doing the heavy lifting," Yes Securities said in a report