Page 20 - Icici Bank

Valuation or funds? Key question for pvt banks in a tug of war for capital

Replicating success in terms of investor demand and premium pricing may be tough as lenders prepare for mega fundraising

RBI's draft code on governance: Another attempt at passing the buck?

The RBI's draft code on governance is seen as being out of kilter even though well-intentioned, reports Raghu Mohan

Food delivery app Swiggy launches its own digital wallet with ICICI Bank

Food delivery platform Swiggy on Tuesday launched its own digital wallet to enable single-click checkout experience on its platform.

Covid-19 crisis: Indian banks operating in UK cautiously optimistic

Boris Johnson announced further relaxations in lockdown enforced due to Covid-19 pandemic

Top headlines: RBI bars YES Bank on coupon payment, RIL mcap, and more

Business Standard brings to you a snapshot of the top events of the day

ICICI Bank gains over 3% after paring stake in ICICI Prudential Life

ICICI Pru Life's stock also rose 5.68 per cent to Rs 413.95 on the BSE after the stake sale

Eight of top 10 firms add Rs 1.76 trillion in m-cap; Reliance leads rally

Top losers were ITC, HUL

ICICI Bank sells 3.96% stake in ICICI Lombard for Rs 2,250 crore

Post the transaction, the ICICI Bank's stake in its general insurance subsidiary stands at 51.9 per cent and the rest is publicly held

Top headlines: RIL becomes net debt free, ICICI Bank's stake sale and more

From Reliance Industries net debt free to India-China border clash, here are the top headlines of the day

SBI to ICICI Bank, here's how many Indian banks operate in China, Hong Kong

At Hong Kong, an important financial centre in Asia, Indian banks have had business operations for decades.

Covid-19 to accelerate India Inc's migration to safe, large banks

Share of large private banks in corporate relationships have moved from 27 per cent in 2017 to 32 per cent in 2019, according to Greenwich Associates, a Crisil group company

Foreign portfolio investors to pick up $300-million stake in YES Bank

The FPIs are in advanced talks with an Indian bank to act as a custodian.

Apollo Global Management, ICICI Venture to end joint venture AION Capital

The two firms will continue with AION fund 1, which had raised $850 million, till their investments are redeemed and the fund wound up in the next few years.

PNB to lower rates on savings account deposits by 50 bps from July 1

Deposits of Rs 50 lakh and above will earn interest of 3.25 per cent as against 3.75 per cent currently

SBI reduces savings deposit rates by 5 bps, ICICI Bank by 25 bps

SBI has reduced its savings deposit interest rates to 2.70 per cent across all slabs from May 31, according to its website

ICICI Bank slashes interest rate on saving deposits by 25 basis points

The private sector lender has cut interest rate on all deposits of less than Rs 50 lakh to 3 per cent

Indian banks start trading in non-deliverable forward mkts for first time

RBI in the past was against this market, but gave way when it was found that the offshore volume in rupee trading is actually higher than the onshore volume

Nifty zooms 1,000 points in just 9 trading sessions; HDFC Bank shines

Interestingly, all the 50 Nifty components have delivered positive gains during this period.

Top private banks' Q4 profits nearly halve on Covid-19 provisioning

The pressure on earnings will continue, say experts

Covid-19 related provisioning knocks off 45% of top private banks' profits

Analysts at Edelweiss estimate that banks like Axis Bank, Kotak Mahindra Bank and ICICI Bank have 25-30 per cent of their loan book under the moratorium