Page 11 - Icici Bank

Four Indian entities among 20 largest Asia Pacific banks in Q3:S&P analysis

HDFC Bank was ranked seventh with a market cap of $119 billion

ICICI Lombard ceases to be ICICI Bank subsidiary post Bharti AXA merger

ICICI Bank on Thursday said ICICI Lombard General Insurance has ceased to be its subsidiary, as shareholding of the bank has come down to 48 per cent after the merger of Bharti AXA with the insurer.

ICICI Bank m-cap tops Rs 5 trillion as stock hits lifetime high intra-day

At the closing price, the lender was valued at Rs 4.98 trillion; HDFC Bank is the only lender valued higher, at Rs 8.74 trillion

ICICI bank files cheating case against Karvy Stock Broking Ltd

A case has been registered against Karvy Stock Broking Ltd promoter C. Parthasarathy and others for allegedly cheating ICICI Bank to the tune of Rs 563 crore.

Stocks to watch: Canara Bank, Wipro, Tata Steel, Adani Ports, ICICI Bank

CARE Ratings has revised its outlook on Dollar Industries' long-term facilities from Stable to Positive

RBI approves re-appointment of Sandeep Bakhshi as ICICI Bank MD & CEO

The shareholders at the annual general meeting held on August 9, 2019, had already approved the appointment of Bakhshi for a period effective from October 15, 2018, upto October 3, 2023

ICICI Bank gained more than 1.3 million credit cards since December

ICICI Bank was been the biggest gainer in the December-June period

Retail loans, long a safe bet for many banks, show uptick in defaults

HDFC Bank, ICICI Bank and Axis say bulk of the loans marked substandard in April-June was in retail category, but expect turnaround as lockdowns end.

SBI, Axis Bank, ICICI Bank, others buy stakes in fintech firm IBBIC

Six banks State Bank of India, Axis Bank, Indian Bank, Yes Bank, IDBI Bank, and ICICI Bank on Tuesday said they have bought equity stakes in financial technology platform IBBIC.

Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks

The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

ICICI Bank hits record high post stellar Q1; slips later on profit booking

ICICI Bank reported a strong earnings performance, led by robust core PPOP (pre-provisioning operating profit) performance and controlled provisions

Stocks to watch: RIL, ITC, Tata Motors, ICICI Bank, JSW Steel, YES Bank

Cipla is recalling 7,228 bottles of Solifenacin Succinate tablets in the US market due to manufacturing issues

HDFC Bank's Puri highest paid, ICICI Bank Bakshi forgoes salary in Covid yr

HDFC Bank's Aditya Puri emerged as the highest grossing banker among the top three private sector lenders in his retirement year with total emoluments of Rs 13.82 crore. His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed a salary of Rs 4.77 crore for the fiscal year, which included payments as a group head till his elevation. Puri's overall payments included Rs 3.5 crore as post-retirement benefits. Its immediate rival ICICI Bank's MD and CEO Sandeep Bakhshi "voluntarily relinquished" his fixed compensation of basic and supplementary allowances for FY21, which had seen wide-scale impact of the COVID pandemic, as per the second largest lender's annual report. Bakhshi, however, did receive allowances and perquisites amounting to Rs 38.38 lakh, the document said, adding he also got Rs 63.60 lakh as performance bonus from ICICI Prudential Life Insurance Company as deferred variabl

ICICI Bank's Q1 net surges 78% to Rs 4,616 cr as provisions fall sharply

Interest margins improved; provision fell despite Covid-19 pressure

Indices build on gains as banks, FMCG stocks rise; ICICI Bank gains 3.18%

Overcoming a choppy start, the Sensex ended 138.59 points or 0.26 per cent higher at 52,975.80. On similar lines, the broader Nifty advanced 32 points or 0.20 per cent to finish at 15,856.05

ICICI Bank Q1 preview: Net profit may nearly double YoY on lower provisions

ICICI Bank Q1 preview: Analysts, across-the-board, remain bullish on the lender's bottom line figure and expect the profit after tax (PAT) to grow anywhere between 59 per cent to 95.5 per cent YoY

ICICI Bank ups ante in credit card space with fuel discount offering

Upping its game in the credit card market where it has been closing in on its bigger rival HDFC Bank, ICICI Bank on Tuesday launched a co-branded offering that gives discounts on fuel purchases.

OneCode raises $5 mn led by Sequoia Capital's Surge, Nexus Venture Partners

OneCode's mission is to digitise 50 million sales agents across India, and bridge the gap between brands and potential buyers

Sensex witnesses best session in six weeks; ICICI Bank gains 2.83%

This was the best single-day gains for the index since May 31.

HDFC Bank's loss is ICICI Bank's gain on credit cards: Check details here

Between December and May, HDFC Bank's credit card kitty saw a drop of 528,447 cards while that of ICICI Bank increased 1.16 million, the highest by any lender during the period