ICICI Bank

During this period, bank customers can opt for NEFT, IMPS, or UPI through iMobile or Internet Banking as alternative options

Maharashtra GST authorities conducted searches at three ICICI Bank offices on Thursday. The bank said that it is cooperating with the investigation, but details of the probe remain undisclosed

There was no collusion, criminal conspiracy or abuse of position by officials of ICICI Bank in accepting repayment of a loan at a reduced rate of interest from promoters of NDTV Prannoy Roy and Radhika Roy, the CBI has concluded in its closure report in the 2017 case. The CBI FIR registered on the basis of a complaint from Sanjay Dutt of Quantum Securities Ltd had alleged that ICICI Bank had sanctioned a loan of Rs 375 crore in 2008 against the entire 61 per cent shareholding of the promoters as collateral. The bank had allegedly accepted the repayment of the loan by reducing the interest rate from 19 per cent per annum to 9.5 per causing a wrongful loss of Rs 48 crore to the bank and corresponding gain to the promoters, it had said. The central investigation agency after nearly seven years of probe came to the conclusion that the reduction of the rate of interest from from 19 per cent to 9.65 per cent as approved on August 5, 2009 was based on various factors -- borrowers' inabili

RBI had classified SBI and ICICI Bank as domestic systemically important banks (D-SIBs) in 2015 and 2016, respectively. In 2017, HDFC Bank was also classified as a D-SIB

State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. The Reserve Bank on Wednesday came out with the list of D-SIBs. Inclusion in the list requires the lenders to maintain higher Common Equity Tier 1 (CET1) in addition to the capital conservation buffer as per the bucket under which it has been classified. The State Bank of India (SBI) continues to be in bucket 4, which will require the country's largest lender to keep an additional CET1 of 0.80 per cent, as per the list. HDFC Bank, the largest private sector lender, continues to be bracketed in bucket 2, under which it will have to maintain a higher CET1 by 0.40 per cent. The Central bank said the higher D-SIB surcharge for SBI and HDFC Bank will be applicable from April 01, 2025. "Hence, up to March 31, 2025, the D-SIB surcharge applicable to SBI and HDFC Bank will be 0.60 per cent and 0.20 per cent, respectively," it said. ICICI Bank

The combined market valuation of 6 of the top-10 most-valued firms surged Rs 1,07,366.05 crore last week, with State Bank of India and ICICI Bank becoming the biggest gainers. Leading stock exchanges BSE and NSE conducted a one-hour special 'Muhurat Trading' session on the occasion of Diwali on November 1, marking the start of the new Samvat 2081. Last week, the BSE benchmark climbed 321.83 points, or 0.40 per cent. While Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation. The valuation of State Bank of India jumped Rs 36,100.09 crore to Rs 7,32,755.93 crore. ICICI Bank added Rs 25,775.58 crore to Rs 9,10,686.85 crore in its market valuation. LIC's valuation surged Rs 16,887.74 crore to Rs 5,88,509.41 crore and that of Reliance Industries soared Rs 15,393.45 crore to Rs 18,12,12

5 stock ideas for Samvat 2081: ICICI Bank, ITC, Macrotech Developers, Varun Beverages and Thyrocare Technologies can rally up to 54%, suggests technical charts.

ICICI Bank propels Sensex to best session in a month

After a challenging week for investors in Indian bourses, the markets finally turned positive on Monday, surging up to 1,137 points or 1.43 per cent and reclaiming the 80,000 mark at 80,539 levels

ICICI Bank share: ICICI Bank saw sector-leading delivery across all parameters, placing it a cut above the rest of the sector, Nomura said

Gross NPA drops to 1.97% in Q2FY25 from 2.48 per cent in Q2FY24

At 7:28 AM, GIFT Nifty indicated a flat opening as it was trading about 3.5 points lower at 24448.50 levels, as against Nifty Futures last close of 24,452.

ICICI Bank Q2 results preview: ICICI Bank is scheduled to report its July-September quarter (Q2) results on Saturday, October 26, 2024

City Union Bank stock opened with a gap up and sustained its bullish strength which suggests strong bullish sentiment.

Four of the top-10 most-valued firms together added Rs 81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the BSE benchmark declined 156.61 points, or 0.19 per cent. While HDFC Bank, Bharti Airtel, ICICI Bank, and the State Bank of India were the gainers, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, and Life Insurance Corporation of India (LIC) suffered a combined erosion of Rs 76,622.05 crore from their market valuation. ICICI Bank added Rs 28,495.14 crore, taking its market valuation to Rs 8,90,191.38 crore. The valuation of HDFC Bank jumped Rs 23,579.11 crore to Rs 12,82,848.30 crore. State Bank of India's market valuation climbed Rs 17,804.61 crore to Rs 7,31,773.56 crore and that of Bharti Airtel went up Rs 11,272.45 crore to Rs 9,71,707.61 crore. On the other hand, the market capitalisation (mcap) of Infosys slumped Rs 23,314.31 crore to Rs 7,80,126.10 crore. Th

The gross direct premium income (GDPI) rose 10.4 per cent Y-o-Y to Rs 6,721 crore from Rs 6,086 crore

ICICI Lombard General Insurance on Friday reported a 20 per cent increase in net profit to Rs 694 crore for the second quarter ended September 2024. The insurer had earned a net profit of Rs 577 crore in the year-ago period. Its total income in the quarter rose to Rs 5,850 crore from Rs 5,049 crore in the year-ago period, ICICI Lombard said in a regulatory filing. The company's written gross premium also rose to Rs 6,948 crore in the second quarter of this fiscal compared to Rs 6,272 crore a year ago. Its net premium earned rose to Rs 4,835 crore against Rs 4,240 crore in the same quarter a year ago, it said. The total expenditure of the company during the period under review increased to Rs 5,186 crore from Rs 4,452 crore in the corresponding period a year ago. The board also declared an interim dividend of Rs 5.5 per equity share or 55 per cent of the value of Rs 10 each for the first half of the current fiscal. ICICI Lombard's solvency ratio was 265 per cent at the end of Sep

The bank has however reduced the spend threshold for annual fee from Rs 15 lakh to Rs 10 lakh for 'Emeralde' and 'Emeralde Private' credit cards

The Reserve Bank of India's timely intervention has ensured that the depreciation of the currency is gradual

ICICI Securities share price dipped as much as 3.42 per cent to Rs 837.65 per share on the BSE in Thursday's early morning trade