Page 33 - Icici Bank

ICICI Bank surges 9% after three-fold jump in Q4 net profit

The stock surged 7% to Rs 292 on BSE in early morning trade on back of heavy volumes.

ICICI Bank integrates net-banking service with DigiLocker

ICICI Bank today announced the integration of its retail internet banking with 'DigiLocker', an online repository platform for issuance, verification and storage of digital certificates and documents on cloud. 'DigiLocker', an initiative of the Ministry of Electronics & Information Technology (MeitY), is a repository platform for issuance, verification and storage of digital certificates and documents on cloud. "With this integration, all savings account customers of ICICI Bank who have mapped their Aadhaar numbers with bank accounts can directly register and access DigiLocker while they are logged in to their internet banking account," the bank said in a statement. ICICI Bank is offering this service free of cost, it said. At present, over 20 organisations including the Unique Identification Authority of India (UIDAI), Central Board of Secondary Education (CBSE), Ministry of Road Transport and Highways, Ministry of Petroleum and Natural Gas, including various eDistrict ...

BSE Bankex, Capital goods, Consumer durables index hit 52-week highs

L&T, VA Tech Wabag, VIP Ind, Titan Company, ICICI Bank and YES Bank rallied by upto 12% in intra-day

ICICI bank raises $300 mn through bond sale

Country's largest private sector lender ICICI Bank today said it has raised USD 300 million through a international bond issue. The 5.5 year fixed rate notes were issued by the bank's branch in Dubai International Finance Centre (DIFC) and carry a coupon of 3.25 per cent, it said in a statement. The notes were sold under the RegS format and were offered at an issue price of 99.447, it said. The bank had given a pricing guidance of up to 155 bps over the US treasury which is around 2 per cent, and the 3.25 per cent coupon reflects an ability to compress the pricing. The bank had launched the issue, which was a part of its USD 7.5 billion medium-term notes programme, yesterday and the money raised through such offerings is generally used for international lending. Global rating agencies S&P and Moody's had rated the proposed senior unsecured notes at BBB- and Baa3, respectively. Assigning BBB- rating to the debt instrument, S&P said the rating on the notes reflects the ...

ICICI Bank hits overseas debt market with $500-mn issue

Private sector lender ICICI Bank today hit the overseas debt market with a USD 500-million dollar-denominated bond issue and is expected to close the 5.5-year issue tonight. "The benchmarket issue will be sold through the Dubai International Fianance Centre branch of the bank, and the lead-managers have given a price guidance of 1.55 per cent over the US treasury," merchant bankers told PTI here today. They said the issue is part of ICICI Bank's USD 7.5 billion global medium-term notes programme. Global rating agencies S&P and Moody's have rated the proposed senior unsecured notes at 'BBB-' and Baa3, respectively. Assigning 'BBB-' rating to the debt instrument, S&P said the rating on the notes reflects the long-term issuer credit rating on the largest private sector bank in the country. Moody's Investors Service said the Baa3 rating to the proposed RegS notes issued under its USD7.5 billion MTN programme will have a maturity of 5.5 years and will be listed on the ...

ICICI Bank orders probe into 'Children Bank of India' currency notes

A customer in Haryana reportedly got Rs 2,000 notes bearing 'Children Bank of India'

ICICI Bank acquires 81.44 cr shares in JPVL

Before the acquisition, the bank held 79,61,535 shares or 0.13% of equity in the company

Dish TV partners with ICICI Bank for digital payments

Dish TV India CEO said this will drive higher customer adoption and be a part of digital economy

ICICI Bank: Asset quality worry remains

Continued traction in retail a positive but margins could come under pressure

ICICI Bank Q3 net falls 19% to Rs 2,442 cr; bad loans rise

Gross non-performing loan ratio widens to 7.91%

ICICI Bank Q3 net falls 19% to Rs 2,442 cr; bad loans rise

Asset quality remains under pressure leading to a rise in dud loans and lower core interest income

ICICI Bank spars with NPCI over Flipkart's PhonePe: All you should know

Flipkart's PhonePe app asks the user to open a UPI handle on the app

ICICI Bank asked to open up to PhonePe by NPCI

ICICI Bank had earlier cited concerns surrounding security for blocking transactions on PhonePe

ICICI Bank cuts lending rate by 0.7%

This will make home, auto and other loans cheaper

ICICI Bank launches mobile app Eazypay for instant cashless payments

Currently, it is available on smartphones with Android operating systems, for iOS it'll be launched

ICICI Bank for rural digital push, 100 villages to be added

To create a digital ecosystem for the transaction and commercial activities in the far-flung areas of the country

As people go cashless, ICICI Bank's digital card usage jumps

Over the last 7 days, the bank saw a 100 per cent jump in usage of debit cards and over 40 per cent in credit cards

Sentiment improves for ICICI Bank

More analysts now positive but slippages of Rs 8,030 crore in September quarter a concern; recoveries key

Home overdraft explained: ICICI is giving customers credit line against home loans

ICICI Bank's Home Overdraft offers a pay-for-use loan facility that salaried people can avail in immediate need

ICICI Bank gains post Q2 results

The stock was up 2.4% at Rs 285 on BSE, as compared to 0.09% rise in the S&P BSE Sensex at 10.10 am.