Page 24 - Icici Bank

ICICI Bank moves Bombay HC, seeks recovery of bonuses from Chanda Kochhar

The bank further stated that Kochhar flagrantly violated the ICICI Group Code of Business Conduct and Ethics.

Seven of top-10 firms add Rs 32,020 cr in m-cap; HDFC Bank, RIL gain most

TCS, HDFC, HUL, ICICI Bank and Kotak Mahindra Bank were the other bluechips which witnessed a rally in their market capitalisation

Videocon case: ICICI Bank mulls consent plea as Sebi issues fresh notice

The fresh notice is more comprehensive and has cited the findings of former Justice Srikrishna panel, which was tasked to probe the quid-pro-quo transactions in ICICI Bank

Kochhar challenges RBI decision to terminate her; HC seeks bank's response

Banking Regulation Act says that prior approval of the RBI is required to terminate the contract of a bank's chairman or managing director

Videocon loan case: ED likely to attach Chanda Kochhar's property, assets

The investment value of these assets is estimated at around Rs 100 crore

Six of India's Top 10 firms lose Rs 26,624 cr in m-cap; ICICI bleeds most

ICICI Bank's valuation tumbled Rs 6,883.44 crore to Rs 3,48,532.24 crore, taking the worst hit among the top-10 firms.

ICICI Bank: Investor sentiment on a high as share of retail loan rises

Rising share of retail loans, increased digitisation and an abating pool of stressed assets point to improving outlook and have helped the stock deliver 50 per cent returns last year

Karvy case: ICICI Bank to challenge Telangana HC stay on DRT proceedings

The DRT had stayed the plea of the bank that immoveable and moveable properties of Karvy Stock Broking and other respondents be taken under possession

Karvy Stock Broking gets interim relief from Debt Recovery Tribunal plea

In ICICI Bank's DRT plea, Karvy group's chairman and managing director C Parthasarthy, was also listed as one of the respondents

Weekly stock picks by Religare Broking: Buy IndusInd Bank, ICICI Pru Life

In the banking space, private banking majors are leading from the front and still looking buoyant

No due diligence, Sebi slaps Rs 5 lakh on ICICI Pru Trust, ICICI Pru AMC

The regulator noted that investments were made in companies other than those in the FMCG industry which was against the mandate of the scheme and in violation of Sebi's rules

Four companies including SBI Card, ICICI Home Finance to list papers on BSE

Post process, the effective date of listing for the commercial paper at the exchange will be December 23, the BSE said in a statement

RBI defends its nod for sacking Kochhar; matter to be heard on January 13

The RBI said while approving Kochhar's termination, it acted in accordance with the statutory provisions

Retail loan book of banks, NBFCs will double to Rs 96 trn in 5 yrs: Report

Loans to MSMEs are also likely to double to Rs 13.2 trillion from Rs 6.6 trillion in FY19

Sensex sheds 247 points to close at 40,239; Nifty ends below 11,900 mark

Market benchmark BSE Sensex declined over 247 points on Tuesday to close at 40,239 as heavy selling emerged mainly in power, oil & gas and IT stocks amid a strengthening rupee. The 30-share gauge opened strong at 40,588.81, but soon lost momentum to slip into the negative territory. It finally closed 247.55 points or 0.61 per cent lower at 40,239.88. On similar lines, the 50-scrip NSE Nifty fell 80.70 points or 0.68 per cent to finish at 11,856.80. Yes Bank was the biggest loser in the Sensex pack with 10.05 per cent decline, followed by PowerGrid, IndusInd Bank, NTPC, ITC, TCS, Axis Bank, Hero MotoCorp, M&M and HCL Tech, which lost up to 2.66 per cent. On the other hand, Bajaj Finance, HUL, HDFC Bank, ICICI Bank, and Bajaj Auto gained up to 1.06 per cent. Meanwhile, the rupee appreciated by 11 paise to trade at 70.93 against the US dollar (intra-day). Brent futures, the global oil benchmark, slipped 0.33 per cent to USD 64.04 per barrel. In other Asian markets, Hong Kong ...

ICICI Bank opens new center in Bahrain, offers retail, corporate banking

The bank already has a retail branch at the local Manama Centre, it said in a statement

RIL, ICICI Bank and L&T Finance among big names rolling out FASTag

The most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips

ICICI Bank business approach gets Street thumbs-up; stock at all-time high

Digital capabilities are expected to improve growth at a lower cost following the bank's focus on 'One Bank One RoE'

Tata Power-ICICI Bank JV acquires UP based Prayagraj power project

Resurgent Power is a joint venture of ICICI Bank and Tata Power, while PPGCL is a subsidiary of Gaur's Jaiprakash Power Ventures Ltd which has been shedding assets to cut debt

Analysts see better run for ICICI Bank stock after strong 2019 performance

The view comes amid a deteriorating economic environment where growth has slipped to the slowest pace in six years