Page 22 - Icici Bank
ICICI Bank confirms exposure to Singapore-based oil trader Hin Leong
The Bank did not elaborate the extent of its exposure and the steps it is taking to protect its interest
 "ICICI Bank confirms exposure to Singapore-based oil trader Hin Leong")
ICICI Bank skids 9% on $100 mn exposure to troubled Singaporean oil trader
According to news agency Reuters, the founder and director of Hin Leong Trading Pte (HLT), Asia's largest oil trader, directed the firm not to disclose these losses
 "ICICI Bank skids 9% on $100 mn exposure to troubled Singaporean oil trader")
ICICI Bank seeks impounding of ships operated by HLT unit Ocean Tankers
The tankers, Wu Yi San and Chang Bai San, were carrying cargoes financed by ICICI, the source said, adding the bank had about $100 million exposure to HLT.
 "ICICI Bank seeks impounding of ships operated by HLT unit Ocean Tankers")
Keep booking profits on a regular basis: Sameet Chavan of Angel Broking
At present, traders are advised to keep following stock-specific approach
 "Keep booking profits on a regular basis: Sameet Chavan of Angel Broking")
RBI measures, global markets surge propel Sensex, Nifty to one month high
Most global markets surged as investor appetite for risk assets improved due to the progress of an experimental drug for treating covid-19 and on US's plan to reopen its economy.
 "RBI measures, global markets surge propel Sensex, Nifty to one month high")
Decoding the Street's bullishness on ICICI Bank in the time of Covid-19
All analysts are optimistic on the stock, which hasn't seen any downgrade so far
 "Decoding the Street's bullishness on ICICI Bank in the time of Covid-19")
Decoding the bullishness on ICICI Bank as other lenders follow caution
All analysts tracking it are optimistic on the stock, which hasn't seen any downgrade so far
Market rally loses steam over fears of extended lockdown
The weak opening of the European markets and a sharp deprecation in the rupee against the dollar weighed on stock prices
 "Market rally loses steam over fears of extended lockdown")
Moody's puts IndusInd Bank's issuer ratings on review for downgrade
Moody's revises outlook for ICICI Bank and Axis Bank to negative
 "Moody's puts IndusInd Bank's issuer ratings on review for downgrade")
Most private banks choose 'opt-in' option on loan repayment moratorium
Largest private sector lender HDFC Bank said it would encourage customers with adequate funds to continue repayments to avoid the extra interest charges and tenor extension of the loan
 "Most private banks choose 'opt-in' option on loan repayment moratorium")
Covid-19 impact: HDFC, ICICI urge customers to use digital banking services
HDFC Bank has urged people to use cheque drop boxes to help reduce crowding in branches
 "Covid-19 impact: HDFC, ICICI urge customers to use digital banking services")
Eight of top-10 companies witness combined loss of Rs 3.63 trn in m-cap
Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.
 "Eight of top-10 companies witness combined loss of Rs 3.63 trn in m-cap")
Financial stocks extend decline; ICICI, Axis Bank, 19 others hit 52-wk lows
The sudden economic stop caused by Covid-19 containment measures will lead to a global recession this year, bringing intense credit pressure, said S&P Global Ratings
 "Financial stocks extend decline; ICICI, Axis Bank, 19 others hit 52-wk lows")
ICICI Bank gets 7.97% stake in YES Bank with Rs 1,000-cr capital infusion
According to the reconstruction scheme, 75 per cent of the total investment by the bank would be locked in for three years, ICICI Bank said
 "ICICI Bank gets 7.97% stake in YES Bank with Rs 1,000-cr capital infusion")
Investor wealth tumbles Rs 9.74 trillion in two days as markets plunge
In two days, investors have lost Rs 9,74,176.71 crore wealth. At close of trade on Tuesday, the market capitalisation of BSE-listed companies was at Rs 1,19,52,066.11 crore.
HDFC Bank slips below Rs 1,000. How to trade bank stocks in this market?
In the last one month, the Nifty Bank has tumbled 24.7 per cent as compared to Nifty's 23.64 per cent fall. Here are key levels for frontline banking counters.
Private lenders' 'act of kindness' to YES Bank irks investors
Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender
 "Private lenders' 'act of kindness' to YES Bank irks investors")
Investments in YES Bank aimed at providing stability, says SBI chief
SBI Card, the second largest largest credit card issuer in the country, got listed at 13 per cent discount at Rs 658 on the BSE, against the issue price of Rs 755.
 "Investments in YES Bank aimed at providing stability, says SBI chief")
From RIL to ICICI Bank, here're the stocks that brought Sensex down
Reliance Industries, HDFC Bank, and ICICI Bank have been the biggest drag on the index performance, given their high weightage
 "From RIL to ICICI Bank, here're the stocks that brought Sensex down")
Federal Bank to invest Rs 300 cr in Yes Bank at Rs 10 per equity share
SBI is investing Rs 7,250 crore in the ailing lender. LIC, HDFC, ICICI, Axis and Kotak Mahindra and other investors have also come forward to invest in it
 "Federal Bank to invest Rs 300 cr in Yes Bank at Rs 10 per equity share")
