The Chennai-headquartered mid-sized private sector bank has been headless since mid-September after the then chief executive Parathasarathy Mukherjee left before the completion of his three-year term
The private sector lender on Saturday reported a jump of 247 per cent in its profit before tax (PBT) for Q2FY21 at Rs 4,367 crore
Retail loans grew by 22% YoY, while SME loan book grew by 29.9%
It had reported a net profit of Rs 1,204.62 crore for the July-September period a year ago
The stake transfer to various stake governments will be completed by the end of March 2020
The financing squeeze has already taken a toll on the country's economic expansion, which in turn erodes borrowers' capability to repay further
While ICICI Lombard enjoys better earnings predictability and stable growth, the Street prefers the stock of ICICI Prudential Life
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL
With the Street getting a tad cautious on HDFC Bank and SBI, market interest is moving towards ICICI Bank
The bond was floated at 6.99%, around 86 bps higher than the three-year govt bond yield, to be followed by a Rs 15,000 crore bond issue in two weeks
The market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore
The regulator during an investigation found that a "binding implementation agreement" was signed between ICICI Bank and Bank of Rajasthan on May 18, 2010 and disclosed one trading day late
From RBI making it mandatory to link all fresh retail loans to an external benchmark to the FinMin crunching numbers to estimate revenue loss from GST rate cuts, here are today's top business news
The IT firm to buy out this business from Vara Infotech for Rs 321 crore; to absorb 3,800 staffers
With this cut, which comes amid repeated RBI nudges to slash rates, the total quantum of rate reduction by the bank since April goes to 0.20 percent
The private sector lender to lean on two segments of the business, namely consumer loans and mortgages
While the bank is headed for better days, it is important for investors not to lose sight of a few critical aspects
The stock was trading close to its all-time high level of Rs 444 touched on June 27, 2019, on the BSE in intra-day trade
ICICI, like its peers, also said India's ongoing economic slowdown weighed on its performance in the quarter
Saw Rs 120-crore loss in year-ago quarter