Page 32 - Icici Bank

ICICI Bank plans IPO of broking arm

Third IPO from the group after ICICI Prudential Life and ICICI Lombard

ICICI Bank hits 33-month high; market-cap crosses Rs 2-lakh crore

The stock surged 6% to Rs 317, its highest level since March 3, 2015 on the BSE

ICICI Bank Q2 net falls 34% to Rs 2,058 cr but bad loans stabilise

Gross bad loans as a percentage of total loans stood at 7.87% versus 7.99% q-o-q

ICICI Bank: Is the glass half full or half empty?

Lower slippages a positive, but doesn't still indicate tapering of asset quality woes

ICICI Bank raises Rs 475 cr via bonds

The bonds will carry a coupon rate of 8.55% per annum

ICICI Bank launches 1% 'cashback' home loans due to excess liquidity

The bank said the offer is only for new home loan borrowers

ICICI Bank launches cashback scheme for hoam loan borrowers till Nov 30

This offer is valid from September 1, 2017 to November 30, 2017

ICICI Bank slips post 8% fall in June-quarter profit

With a 13% rise over the last three months, ICICI Bank's stock has outperformed benchmark indices

ICICI Bank: Just an optical improvement

ICICI Bank's standalone June quarter (Q1) results, announced after market hours, weren't any encouraging, except that the bank was rescued to a thankful extent by the closure of JP Associates' cement plant sale deal with UltraTech on June 29.An eight per cent year-on-year (y-o-y) growth in net interest income at ~5,590 crore wasn't enough to cushion the bad loan provisioning. Net profit fell eight per cent y-o-y to ~2,049 crore. The year-ago period included exchange rate gains of ~206 crore, a practice discontinued after a Reserve Bank directive in April 2017. Q1 of last year included quarterly dividend of ~204 crore from ICICI Prudential Life Insurance Company. Adjusted for these, profits would have grown marginally. Domestic net interest margin (a profitability indicator) of 3.62 per cent was more than 3.45 per cent a year ago.The balance sheet growth was mixed, with total deposits expanding 14.7 per cent to ~486,254 crore; the share of low-cost CASA (current account-savings ...

ICICI Bank Q1 net declines 8% to Rs 2,049 cr

Gross NPAs rose to 7.99% as compared to 7.89% in Q4 of FY17

ICICI Bank at 2-year high ahead of Q1 results; mkt-cap crosses Rs 2-lakh cr

The stock was up 1.6% to Rs 315 on BSE in intra-day trade, its highest level since March 13, 2015.

ICICI Bank-led consortium completes Rs 16,189-crore asset resolution

Part of the debt of JAL and JCCL has been transferred from a stressed account to an AAA rated firm

ICICI Bank trades ex-bonus, dividend today

The bank on May 3, declared bonus shares in the ratio of 1:10 and dividend of Rs 2.5 per share.

ICICI Bank increases authorised capital to Rs 2,500 crore

Shares of ICICI Bank closed at Rs 314.8 a unit, down by 0.3%, at BSE

ICICI Bank rides high on improved investor sentiment

From a year ago, when over half of the analysts tracking the ICICI Bank stock were cautious, a lot has changed in its favour. As of June 1, over 85 per cent recommend 'buy' on the stock, suggesting that optimism for the bank is higher now than a year ago. With this, the gap between the number of 'buy' calls on ICICI Bank is not too different from that of HDFC Bank. The ICICI Bank stock hit a fresh 52-week high on Thursday, reflecting the Street's confidence about the bank's prospects. The reason for the optimism is ICICI Bank's ability to rapidly expand its retail business - on the deposit and lending sides. From contributing 46 per cent to the loan book in FY16, the share of retail loans increased to 52 per cent on March 31, 2017. A stable expansion of the bank's mainstay retail product - home loans, up 18 per cent year-on-year in the March 2017 quarter is a positive. Vehicle finance, the next big retail portfolio, also complimented growth. Even the smaller (but unsecured) products, .

Why the street is positive on ICICI Bank

ICICI Bank's stock has gained over 12 per cent

ICICI warns provisions may remain elevated

Bank expects overall credit growth to inch up to up to 16% in FY18

Magic of positive commentary; ICICI Bank stock up 9%

Part of surge can also be due to reports that stock could see higher weightage in key indices

ICICI Bank hits 20-month high, surpasses L&T in market-cap ranking

The stock has recorded its sharpest intra-day rally since May 16, 2014.

ICICI Bank Q4 net soars 189% even as loan quality worsens

Gross NPAs at 7.89% vs 7.2% q-o-q; will issue one bonus share for every 10