The names of allotees are Monetary Authority of Singapore (11.08 per cent), Morgan Stanley Investment Management Inc (7.31 per cent) and Societe Generale (5.55 per cent)
Bank says allegations weren't material to financial statements for FY20
Lockdowns and low interest rates have taken a toll on global financial stocks
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More than one year has passed since the CBI registered a FIR in this case but no chargesheet has been filed yet. Listen to this podcast to find out where the case is stuck
The bank's board will meet on August 14 to decide the QIP issue price
The bank's Capital Adequacy Ratio (CAR) stood at 16 per cent as on June 30, 2020 with Tier I at 14.72 per cent. The asset quality profile of the bank improved during the reporting quarter
Indian banks will have a hard task when RBI's moratorium ends this month. Those that do not get capital will have to show their true health, writes Tamal Bandyopadhyay
The stock of ICICI Bank has once again made a good support base near 340 levels and is currently indicating a trend reversal
Sidharth Rath, MD and CEO, spoke to Raghu Mohan on the scale of the bank's ambition and the collaborative approach to rolling out business in its new avatar
To offload 4% stake in ICICI Securities. Made Covid-19 related provisions of Rs 5,550 cr in the quarter
The bank had reported net profit of Rs 1,908 crore in the same quarter last year
A more optimistic estimate by analysts at Nirmal Bang Institutional Equities pegs the profit at Rs 4,016.4 crore, up a whopping 110.5 per cent YoY and 228.8 per cent QoQ
We might witness weakness only if Nifty breaks level of 10,700
Extension of moratorium, ICICI Securities points out, till August would push recognition of pain points, thereby leading to benign slippages and stable headline non-performing asset (NPA) numbers
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The lender joins a slew of other private sector banks who have undertaken a similar exercise
Investors can get these loans at 9-10 per cent interest rate
The hike of up to 8 per cent is for the fiscal year 2020-21 and applicable from July onwards
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