Page 3 - Icici

ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income

The gross direct premium income by the insurer during the period was Rs 5,370 crore, up 28.2 per cent from the year-ago period

ICICI Securities falls 1% as CLSA downgrades rating, earnings view

Shares of the largest listed brokerage have nearly halved this year

ICICI Direct launches life-stage investing tool LIFEY for customers

ICICI Direct has launched LIFEY with a dashboard, which will enable its customers to comprehensively track the progress of their goals and provides timely alerts

ICICI Prudential Life Insurance eyes 22% growth in VNB this fiscal

It had nearly trebled the net income in the March quarter on the back of robust margin growth from new sales

Frequent traders irked as ICICI Direct app, website face near outage

Instances of glitches faced by intermediaries in the stock ecosystem are on the rise given the heavy and complex use of technology

ICICI Securities profit after tax up 42% to Rs 380 crore in Q3

The company had posted a PAT of Rs 267 crore in the corresponding quarter of the preceding financial year, ICICI Securities stated

ICICI Prudential launches first silver ETF fund of fund

The fund will open on January 13 and closes on January 27

SBI, ICICI, HDFC Bank continue to remain systemically important banks: RBI

Such banks are perceived as 'too big to fail'

Bull run in equities to continue for few more years: ICICI Securities

The relative outperformance of midcap stocks is in mid-cycle of multi year bull phase, and is expected to get further amplified

ICICI Venture divests partial stake in Go Fashion

The initial public offering (IPO) of the company had received a strong response from investors with the issue being oversubscribed 135 times

ICICI Home Finance to recast 4-5% of its loans, raise Rs 2,000 cr via NCD

Its pool of recast loans stood at 3.4 per cent of AUM by the end of June, according to CRISIL

From ICICI to Axis Bank, private banks turn laggards at bourses

The Nifty Private Bank index is up just 6 per cent year-to-date in the calendar year 2021, against nearly 13 per cent rally in the Bank Nifty and a 15 per cent rise in the benchmark Nifty50

AIFs stare at higher tax outgo on investment manager's performance fees

Tax uncertainty could dissuade global players from setting up funds in India

PMLA case: Ex-ICICI Bank CEO Chanda Kochhar granted bail

Former ICICI Bank CEO and MD Chanda Kochhar was granted bail by a special PMLA court on Friday

ICICI Prudential's assets under management cross Rs 2 trillion

The firm is entering the 20th year of operations

Flexible options to make car loan repayment easy, but interest will be high

The more the borrower defers principal repayment, higher is his interest cost

Eight firms to list commercial papers on BSE for issue size of Rs 35,585 cr

After the process, the effective date for listing of commercial papers (CPs) with the exchange will be January 1, 2020, it added.

Mukesh Ambani family case: I-T department seeks details from seven nations

According to the I-T department, the Ambani family refuted all the charges in the show-cause notice and submitted the copy of GDR offer documents on June 7 for RUPL along with other documents

DFIs: Look before you leap

Before setting up any new development bank, the govt must examine the contribution and performance of the existing ones

From ICICI to LVB, banks may make accelerated provisioning for Karvy Group

A banking source said Karvy has not defaulted as yet and the management has given comfort to banks that the group is adequately funded and there will be no default