Page 9 - Icici Bank

ICICI Bank credit card rules change from Nov 15 on lounge access, spends

The bank has however reduced the spend threshold for annual fee from Rs 15 lakh to Rs 10 lakh for 'Emeralde' and 'Emeralde Private' credit cards

Rupee set to hold ground against greenback till Dec: Business Standard Poll

The Reserve Bank of India's timely intervention has ensured that the depreciation of the currency is gradual

ICICI Securities slides over 3% as NCLT approves delisting plans; details

ICICI Securities share price dipped as much as 3.42 per cent to Rs 837.65 per share on the BSE in Thursday's early morning trade

ICICI Bank, PhonePe partner to provide credit line on UPI for customers

PhonePe's market share on UPI is pegged at 49 per cent, with the second-largest player Google Pay processing about 38 per cent of the total transaction volumes in the country

Pivot points to track on 5 private, PSU bank stocks ahead of RBI policy

SBI, Bank of India, ICICI Bank, HDFC Bank and PSB are seen trading at their respective make-or-break points post the recent stock market fall. Here are the key levels to watch out for.

Unlimited rewards: ICICI Bank, MakeMakeMyTrip launch premium credit card

Earn myCash rewards on travel and retail spending, redeemable for travel expenses on MakeMyTrip.

Spend Rs 10,000 first: ICICI Bank updates debit card lounge access rule

Starting October 1, 2024, ICICI Bank customers who spend Rs. 10,000 in the preceding calendar quarter will receive two complimentary airport lounge accesses.

Inox Wind secures Rs 2,200 cr financing deal with ICICI Bank-led consortium

Wind energy solutions provider Inox Wind on Monday said it has signed an agreement with a consortium led by ICICI Bank to tie up Rs 2,200 crore finance facility. This limit is likely to be enhanced further to Rs 2,400 crore as per the working capital assessment done by the lead bank (ICICI Bank), Inox Wind Limited (IWL) said in a statement. The consortium agreement was signed with a group of banks led by ICICI Bank for limits of Rs 2,200 crore. The limits are largely non-fund (bank guarantees and letter of credits) based, the statement said. The limits have been sanctioned on the financial strength of IWL's balance sheet and without the requirement of any corporate guarantees or any other support from Gujarat Fluorochemicals Ltd (GFL). With this arrangement in place, any prior corporate guarantee or any other such support extended to IWL by GFL stands vacated/to be vacated in the near future, it said. "The consortium arrangement reposes the confidence of the banking community in I

FIIs up long bets in Nifty, long-short ratio hops to 3:1; retail add shorts

Derivatives market update for Sept 23: FIIs net bought over 1 lakh contracts of Nifty futures and 25,878 contracts of Bank Nifty futures on Friday. Retail investors hold 2 shorts for every long bet.

Mcap of 6 of top-10 most valued firms jumps Rs 1.9 trn; Infosys tumbles

The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities. Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. The BSE benchmark soared 1,359.51 points or 1.63 per cent to settle at an all-time high of 84,544.31 on Friday. During the day, it jumped 1,509.66 points or 1.81 per cent to hit the lifetime intra-day peak of 84,694.46. The valuation of ICICI Bank surged Rs 63,359.79 crore to Rs 9,44,226.88 crore, the most among the top-10 firms. HDFC Bank added Rs 58,569.52 crore taking its market valuation to Rs 13,28,605.29 crore. Bharti Airtel's valuation soared Rs 44,319.91 crore to Rs 9,74,810.11 crore. The market capitalisation (mcap) of Reliance Industries climbed Rs 19,384.07 crore to Rs 20,11,544.68 crore. Hindustan Unilever's valuation gained Rs 10,725.88 crore to Rs 7,00,084.21 crore and that of ITC went u

ICICI Bank's market cap tops Rs 9 trillion; stock hits new high

In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared to the 1.9 per cent rise in the BSE Sensex.

Congress vs Sebi chief Buch: Trading strategies in M&M, Pidilite, Wockhardt

After ICICI and Wockhardt; M&M, Dr.Reddy's and Pidilite are the latest company names to be dragged in the Congress versus Sebi chief controversy. Here's a technical outlook on these stocks.

Mcap of eight of top-10 most valued firms erode by Rs 2 trn; TCS, LIC drop

The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE benchmark dropped 1,181.84 points, or 1.43 per cent. The market valuation of Reliance Industries tumbled Rs 60,824.68 crore to Rs 19,82,282.42 crore. The valuation of Tata Consultancy Services (TCS) slumped Rs 34,136.66 crore to Rs 16,12,762.51 crore. State Bank of India's valuation dropped Rs 29,495.84 crore to Rs 6,98,440.13 crore and that of Bharti Airtel diminished Rs 28,379.54 crore to Rs 8,76,207.58 crore. The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore. ICICI Bank's mcap declined Rs 15,169.76 crore to Rs 8,51,204.65 crore and that of ITC was down Rs 250.11 crore to

ICICI Bank-Videocon case: SC notice to Chanda Kochhar, husband on CBI plea

The Central Bureau of Investigation has alleged that after the loan was sanctioned, Videocon Group promoter VN Dhoot invested Rs 64 cr into Nupower Renewables, a company managed by Chanda Kochhar

India's ICICI Prudential Life bullish on long-term govt bonds: Official

India aims to gross borrow 14.01 trillion rupees this financial year to meet a fiscal deficit of 4.9% of gross domestic product

Cong seeks more clarity from ICICI Bank, Madhabi Buch on retiral payouts

Congress leader Pawan Khera also asked why ICICI Bank covered the tax deducted at source for Puri Buch's employee stock ownership plan (Esop)

ICICI responds to Congress’ allegations against SEBI's Madhabi Puri Buch; BJP reacts

After the Congress party alleged SEBI Chairperson Madhabi Puri Buch of receiving a hefty sum of Rs 16.8 crore from ICICI Bank even after she joined SEBI, the ICICI Bank has now responded.

Congress seeks ICICI Bank's clarification on Sebi chief's retiral benefits

Congress spokesperson Pawan Khera on Tuesday issued a statement questioning ICICI Bank's explanation over retirement benefits allegedly received by Sebi Chief Madhabi Puri Buch

ICICI Bank, Zee in focus amid allegations on Sebi chief Buch; outlook here

ICICI Bank stock has gained 31% in the last 9 months, while Zee has crashed 50% thus far in 2024. Both stocks could see a role reversal going ahead provided these levels are taken out, suggest charts.

Even as Sebi WTM, Madhabi Puri Buch drew 'salary' from ICICI Bank: Cong

No payment to her other than retiral benefits, clarifies lender