Page 35 - Icici Bank
ICICI Bank, Apollo to set up asset reconstruction firm
ICICI Bank to hold 30% stake, rest to be picked up by Apollo subject to passage of amendment in Sarfaesi Act proposed in the budget
 "ICICI Bank, Apollo to set up asset reconstruction firm")
ICICI Bank, Apollo to set up Indian asset reconstruction company
This initiative will revitalize distressed assets and maximize their economic value, although no monetary values were disclosed
 "ICICI Bank, Apollo to set up Indian asset reconstruction company")
ICICI Bank reduces MCLR by 0.05%
The overnight MCLR will be 8.90% under the revised rate structure which is effective from today
 "ICICI Bank reduces MCLR by 0.05%")
ICICI Bank dips on concerns over rising non-peforming assets
The stock dipped 4% to Rs 251, extending its Friday's 3% fall on the BSE.
ICICI Bank: Asset quality stress up, growth slows
The bank now has to deal with weak top line growth and provision coverage for bad loans
 "ICICI Bank: Asset quality stress up, growth slows")
ICICI Bank net falls 25%, asset quality worries continue
The profit was almost in line with Bloomberg estimates of Rs 2,207 crore
 "ICICI Bank net falls 25%, asset quality worries continue")
ICICI Bank Q1 net falls 25% to Rs 2,232 cr, pressure on asset quality continues
Gross bad loans as a percentage of total loans were 5.87% in the June quarter, compared with 5.82% in the previous three months
 "ICICI Bank Q1 net falls 25% to Rs 2,232 cr, pressure on asset quality continues")
ICICI Bank Q1 net slips 22% to Rs 2,516 cr
Net NPAs of the bank rose to 3.35% against 1.58% in the same period a year ago
ICICI Bank: Second time unlucky?
The private sector lender was hit by NPAs in its retail book in 2008-09 and now on the corporate side. Analysts are looking at Q1 results for direction
 "ICICI Bank: Second time unlucky?")
ICICI Bank to discontinue some service pacts with 3i Infotech
Shares of 3i Infotech on Tuesday fell by 1.31 per cent to close at Rs 5.28 on the BSE
 "ICICI Bank to discontinue some service pacts with 3i Infotech")
Listing of life insurance biz a boost for ICICI Bank
Affirmative timelines for the IPO of its life insurance business is a significant positive
 "Listing of life insurance biz a boost for ICICI Bank")
ICICI sells part of Essar Steel loans to Edelweiss
Edelweiss Asset Reconstruction Company has loans worth Rs 1,600 cr to Essar Steel extended by ICICI Bank
ICICI Bank to add 400 branches, 1,000 ATMs this fiscal
MD & CEO Chanda Kochhar says a wide branch network is a cornerstone in retail banking
TPG may be in last lap to buy ICICI Home Finance
Deal likely to close by next week
ICICI Bank attracts Rs 3 lakh crore digital biz in FY16
The bank said it is leveraging on digital technology as an integral part of business strategy to serve multiple objectives
ICICI Bank shares jump over 4% on fund-raising plans
The company added Rs 6,143.33 crore at Rs 1,47,645.33 crore in terms of market valuation
Banking shares trade firm post RBI policy
Nifty PSU Bank index was up 2%, while Nifty Bank up 1% as compared to 0.57% rise in Nifty 50 index at 11:39 AM.
 "Banking shares trade firm post RBI policy")
ICICI Bank gains on fund raising plan
It decided to raise Rs 25,000 crore in tranches via private placement of bonds, debentures and securities including bonds and NCDs
 "ICICI Bank gains on fund raising plan")
ICICI Bank to raise Rs 25k cr through NCDs in FY17
Scales down fund-raising plan by half compared to last year
ICICI Bank plans to go paperless in green drive
Tab banking, internet and mobile banking and contactless mobile payment solutions are among the efforts towards managing the environment
 "ICICI Bank plans to go paperless in green drive")
