ICIICI Bank's Robust Q2: A Beacon of Stability in Retail and Rural Segment
1 month, 3 weeks ago

ICIICI Bank's Robust Q2: A Beacon of Stability in Retail and Rural Segment

Live Mint  

ICICI Bank's Q2FY25 results show resilience in the retail and rural segments despite a challenging environment. The bank achieved a strong net addition to gross NPAs, primarily driven by the retail and rural portfolio. Despite a decline in NIM, the bank's core profit and return on assets remain high, indicating strong financial health. The bank's stock has outperformed its peers, with a significant premium to HDFC Bank's valuation.

 q2  loans  ratio  sector  robust  beats  headwinds  banks  retail  bank  q2fy25  nim  icici  yoy  rose  profit

History of this topic

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?
1 week, 3 days ago

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?

Live Mint  

HDFC Bank vs ICICI Bank: The private banking sector in India is dominated by two stalwarts, HDFC Bank and ICICI Bank, offering investors a blend of stability and growth potential. HDFC Bank vs ICICI Bank: A Comparative Look at Q2FY25 Earnings HDFC Bank reported a 5.3 percent year-on-year increase in standalone net profit to ₹16,821 crore in Q2FY25, compared to …

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?
3 weeks, 5 days ago

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?

Live Mint  

Indian banks and non-banking financial companies reported a mixed performance for the July-September quarter of current fiscal on margin compression, an increased credit cost and a slowdown in credit growth. BFSI Q2FY25 Review The bank’s credit growth figure eased to 14.8 per cent year-on-year in Q2FY25, compared to 15.4 per cent YoY in Q1FY25 and 14.9 per cent YoY in …

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks
1 month, 1 week ago

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks

Live Mint  

India’s central bank, the Reserve Bank of India, announced on Wednesday that the State Bank of India, HDFC Bank, and ICICI Bank remain designated as domestic systemically important banks. According to the RBI, SBI and HDFC Bank will face heightened capital buffer requirements beginning April 1, 2025. PSBs vs Private banks Separately, a recent report by SBI highlighted robust financial …

ICICI Bank shines brightly despite sector struggles, defying resignation sentiment
1 month, 2 weeks ago

ICICI Bank shines brightly despite sector struggles, defying resignation sentiment

Live Mint  

Despite a challenging economic environment, banks are seeing some relief in deposit growth, with four of the top five private sector banks reporting deposit growth outpacing credit growth in Q2. However, this growth comes at a price, with banks facing higher funding costs due to rising interest rates. Additionally, HDFC Bank's NIM has declined to 3.46% from 3.47%, indicating a …

ICICI Bank's Q2 Performance Outperforms Rivals, but Challenges Remain
1 month, 3 weeks ago

ICICI Bank's Q2 Performance Outperforms Rivals, but Challenges Remain

Live Mint  

ICICI Bank's Q2 performance shows improvement over rivals, with a NIM of 4.27% compared to 4.53% a year ago. However, rival HDFC Bank's NIM was 3.65%, indicating a lower NIM compared to ICICI Bank. Despite the challenging interest rate environment, ICICI Bank's loan growth remained strong, with total advances growing by 15% year-on-year. The bank's asset quality is also stable, …

ICICI Bank Q2 Results: A Strong Performance with Record Profits
Trending News
1 month, 3 weeks ago

ICICI Bank Q2 Results: A Strong Performance with Record Profits

Hindustan Times  

ICICI Bank's Q2 results show a strong performance, with a net profit growth of 18.82% and interest income growth of 18.97%. The bank's income on investments also increased, reflecting its active investment strategy. The stock closed up 0.23% higher on the BSE, indicating a positive market reaction to the results.

HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY
2 months, 2 weeks ago

HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY

Live Mint  

HDFC Bank, the country’s biggest private sector lender, on Friday, reported gross advances growth of 7% at ₹25.19 lakh crore as of September 30, 2024, compared with ₹23.54 lakh crore as of September 30, 2023. {{^adFree}} {{/adFree}} HDFC Bank’s advances under management, which include advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation/assignment, stood at ₹26.33 lakh crore …

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What’s driving the rally?
3 months ago

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What’s driving the rally?

Live Mint  

Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a share price increase of over 30 percent in 2024. On September 18, the stock reached an all-time high of ₹1,295 on the BSE, marking a 2 percent increase from the previous close, with a …

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What's driving the rally?
3 months ago

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What's driving the rally?

Live Mint  

On September 18, ICICI Bank stock reached an all-time high of ₹ 1,295 on the BSE, marking a 2 percent increase from the previous close, with a market capitalization of ₹ 9.1 lakh crore. Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a …

US Fed meeting underway: As US Fed rate cut looms, experts upbeat on HDFC Bank, ICICI Bank, Axis Bank, SBI
3 months ago

US Fed meeting underway: As US Fed rate cut looms, experts upbeat on HDFC Bank, ICICI Bank, Axis Bank, SBI

Live Mint  

The US Fed meeting is underway. Experts predict positive impacts on private banks like HDFC Bank, ICICI Bank, Axis Bank and SBI. The US Fed rate cut decision is expected to impact Indian banking stocks positively. ICICI Bank and other prominent private sector banks like Axis Bank, Kotak Mahindra Bank, HDFC Bank, and IndusInd Bank enjoy upbeat investor sentiment. Amit …

Stocks in focus: Ruchit Jain of 5paisa recommends ICICI Bank, and Asian Paints today
4 months, 2 weeks ago

Stocks in focus: Ruchit Jain of 5paisa recommends ICICI Bank, and Asian Paints today

Live Mint  

Stock Market News: Following a sharp recovery in Asian counterparts, the domestic benchmark indices, the Sensex and Nifty 50, saw a strong comeback in early trade on Tuesday following a harsh beating in the previous day. {{^adFree}} {{/adFree}} According to Dr. V K Vijayakumar, Chief Investment Strategist of Geojit Financial Services, unforeseen events and news might cause a market crash …

ICICI Bank Q1 results: Net profit grows 14.62%, interest income up 17%, gross NPAs fall 9.75%, net interest margin falls
4 months, 3 weeks ago

ICICI Bank Q1 results: Net profit grows 14.62%, interest income up 17%, gross NPAs fall 9.75%, net interest margin falls

Hindustan Times  

ICICI Bank Ltd, India's second-largest private sector lender has announced its first quarter financial results for the financial year 2024-25 on Saturday, July 27. The bank recorded a standalone net profit of ₹11,059.11 crore, a gain of 14.62% or ₹1,410.91 compared to the same quarter of the previous year, which was at ₹9,648.20 crore. This was a fall of 9.75% …

Why ICICI Bank shares rallied over 5% to hit a new lifetime high—explained with 5 key reasons
7 months, 3 weeks ago

Why ICICI Bank shares rallied over 5% to hit a new lifetime high—explained with 5 key reasons

Live Mint  

Despite a slow start to Monday's trading session, ICICI Bank shares gained momentum in the subsequent hours and continued their upward trajectory until the closing bell, setting multiple milestones. The shares of the nation's second largest bank by m-cap surged by 5.1% during intraday trade and touched a historic peak of ₹1,163 per share before finishing the trade with a …

ICICI Bank shares climb nearly 5 pc after Q4 earnings; mcap soars by ₹36,555.4 crore
7 months, 3 weeks ago

ICICI Bank shares climb nearly 5 pc after Q4 earnings; mcap soars by ₹36,555.4 crore

Hindustan Times  

New Delhi, Shares of ICICI Bank on Monday climbed nearly 5 per cent after the company's March quarter consolidated net profit grew 18.5 per cent to ₹11,672 crore, helped by lower provisions. ICICI Bank shares climb nearly 5 pc after Q4 earnings; mcap soars by ₹ 36,555.4 crore The stock advanced 4.67 per cent to settle at ₹1,158.80 on the …

ICICI Bank shares breach ₹8 lakh crore market cap, climb after Q4 earnings
7 months, 3 weeks ago

ICICI Bank shares breach ₹8 lakh crore market cap, climb after Q4 earnings

Hindustan Times  

Shares of ICICI Bank on Monday climbed over 2 per cent after the company's March quarter consolidated net profit grew 18.5 per cent to ₹11,672 crore, helped by lower provisions. ICICI Bank share price: For fiscal 2023-24, ICICI Bank standalone net profit grew to ₹ 40,888 crore from ₹ 31,896 crore a year ago. On a standalone basis, the second …

HDFC Bank vs ICICI Bank vs Axis Bank: Which stock to buy after Q4 results?
7 months, 3 weeks ago

HDFC Bank vs ICICI Bank vs Axis Bank: Which stock to buy after Q4 results?

Live Mint  

Top Indian private banks, HDFC Bank, ICICI Bank and Axis Bank, have reported their Q4 results with the lenders showing a decent growth in its net profit and net interest income along with contracting net interest margin. All these three top private lenders HDFC Bank, ICICI Bank, and Axis Bank reported a faster deposit growth in Q4FY24 as compared with …

ICICI Bank reports 17 percent rise in Q4 net profit to ₹10,708 crore
7 months, 3 weeks ago

ICICI Bank reports 17 percent rise in Q4 net profit to ₹10,708 crore

Hindustan Times  

ICICI Bank on Saturday reported its net profit at ₹10,707 crore in the fourth quarter ending on March 31, Reuters reported. The core net interest income of the private lender increased 8.1 percent to ₹19,093 crore on a 16.8 percent growth in loans and a marginal compression in net interest margin to 4.40 percent. ICICI Bank on Saturday reported its …

TCS, Infosys, SBI, ITC, HUL, ICICI Bank biggest losers, suffer ₹1.4 lakh crore loss in market capitalisation
8 months ago

TCS, Infosys, SBI, ITC, HUL, ICICI Bank biggest losers, suffer ₹1.4 lakh crore loss in market capitalisation

Hindustan Times  

Except mostly for HDFC Bank and Reliance Industries, for most stock market participants, it was a week not to remember. TCS, Infosys, SBI, ITC, HUL, and ICICI Bank dropped as much as ₹ 1.4 lakh crore in market capitalisation last week. Among the banks in the top 10 list, ICICI Bank market capitalisation fell by ₹26,423.74 crore to ₹7,49,023.89 crore. …

Despite RBI measures, unsecured personal loans by banks grow; ICICI leads pack
8 months ago

Despite RBI measures, unsecured personal loans by banks grow; ICICI leads pack

New Indian Express  

Mumbai: The second largest private sector lender ICICI Bank has the highest exposure in the unsecured personal loan segment at 13.8 percent, while at the system level it is 8.7 percent as of the December 2023 quarter, according to an analysis. The system-wide exposure has more than doubled since March 2018 when it was only 4 percent, while the system …

Pvt banks see muted Q3, challenges ahead
11 months ago

Pvt banks see muted Q3, challenges ahead

Live Mint  

Mumbai: Higher provisions and lower margins marked the October-December quarter earnings of most private sector banks, as they reported muted numbers. Despite the margin contraction, ICICI Bank reported a 24% rise in net income to ₹10,270 crore at the end of December quarter, higher than market estimates. Kotak Mahindra Bank’s Casa ratio dipped to 47.7% at the end of the …

ICICI Bank Q3 profit surges over 25 per cent to Rs 11,053 crore on lower provisions
11 months ago

ICICI Bank Q3 profit surges over 25 per cent to Rs 11,053 crore on lower provisions

India TV News  

ICICI Bank reported a consolidated net profit surge of 25.7 per cent to Rs 11,052.60 crore for the December quarter, driven by reduced provisions. The standalone net profit for the same period grew by 23.6 per cent to Rs 10,272 crore, making it the second-largest private sector lender in the country. The bank's core net interest income increased by 13.4 …

RIL, HDFC Bank, Infosys, and 5 other large caps are 7-25% below all-time highs
1 year ago

RIL, HDFC Bank, Infosys, and 5 other large caps are 7-25% below all-time highs

Live Mint  

Indian markets witnessed another stellar rally in today's trading session, with key benchmark indices reaching record highs. The rally, which began during Monday's trading session in response to the ruling party, BJP, victory in three state elections, instilled significant optimism among investors. Shares of Reliance Industries, the country's largest firm in terms of market capitalization, are trading 14.67% below their …

ICICI Bank Reports Strong Q2 Performance, Attracts Investors Amid Stock Market Turmoil
1 year, 1 month ago

ICICI Bank Reports Strong Q2 Performance, Attracts Investors Amid Stock Market Turmoil

News 18  

The worldwide decline in stock markets, largely attributed to the Israel-Hamas conflict, has created a unique scenario that presents investment opportunities. One specific stock that has experienced a notable downturn during these turbulent conditions is that of ICICI Bank, one of India’s prominent financial institutions. According to reports, HDFC Securities, a domestic brokerage house, has recommended buying shares of ICICI …

Stocks to buy: ICICI Bank, IndusInd Bank among top picks in financial sector
1 year, 2 months ago

Stocks to buy: ICICI Bank, IndusInd Bank among top picks in financial sector

Live Mint  

The banking and financial services industry is expected to see decent growth with earnings expected to remain resilient despite net interest margin compression in the second quarter of FY24. Brokerage firm Motilal Oswal Financial Services expects systemic loan growth to remain healthy at 14% YoY in FY24, driven by continued traction in the Retail and SME segments. ICICI Bank, IndusInd …

Stocks to Watch: HDFC Bank, Maruti Suzuki, Bajaj Finserv, Vedanta, ICICI Bank
1 year, 2 months ago

Stocks to Watch: HDFC Bank, Maruti Suzuki, Bajaj Finserv, Vedanta, ICICI Bank

Live Mint  

Here are the top stocks that could be in focus in today's trade: HDFC Bank: HDFC Bank Ltd. is revamping some parts of top management as the Indian bank seeks to propel its mortgage business. It received the show cause cum demand notice from the Directorate of GST Intelligence for the non-payment of GST on co-insurance and re-insurance premiums, said …

Stock in focus: ICICI Bank buys 10% stake in Quantum CorpHealth
1 year, 3 months ago

Stock in focus: ICICI Bank buys 10% stake in Quantum CorpHealth

Live Mint  

ICICI Bank share price is likely to be in focus on Friday as a day ago on September 21 it informed exchanges that it had entered into an agreement for the investment of about ₹5 crore in Quantum CorpHealth. The time period for the completion of the acquisition is by the end of October 2023 with a cash consideration of …

ICICI Bank, SBI among top banking sector pics by Axis Securities
1 year, 4 months ago

ICICI Bank, SBI among top banking sector pics by Axis Securities

Live Mint  

The Indian banks delivered stellar performance in the first quarter of FY24, with many state-run lenders registering over 100% year-on-year growth in net profit. The private lender has met most criteria in terms of growth, margins, and asset quality and has started FY24 well and Axis Securities expects this momentum to continue. Strong asset quality metrics should keep credit costs …

HDFC, ICICI, Canara among five banks that have hiked lending rates this month
1 year, 4 months ago

HDFC, ICICI, Canara among five banks that have hiked lending rates this month

Live Mint  

Banks have been hiking lending rates. In August, top banks in India, including HDFC Bank, ICICI Bank, Bank of Baroda, and Bank of India increased their marginal cost of funds-based lending rate. HDFC Bank MCLR rates in August 2023 HDFC Bank has hiked benchmark marginal cost of funds-based lending rates by 15 basis points on select tenures with effect from …

ICICI Bank shares hit 52-week high post-Q1 results; experts say it remains a buy
1 year, 4 months ago

ICICI Bank shares hit 52-week high post-Q1 results; experts say it remains a buy

Live Mint  

ICICI Bank share price climbed over a per cent to hit its fresh 52-week high of ₹1,008 in morning trade on BSE on Monday as most brokerage firms retained their positive views on the stock after its June quarter results. On Saturday, ICICI Bank reported a 39.7 per cent year-on-year rise in its standalone net profit for Q1FY24 at ₹9,648 …

ICICI Bank expects moderation in margins as deposits reprice
1 year, 5 months ago

ICICI Bank expects moderation in margins as deposits reprice

Live Mint  

Mumbai: Private sector lender ICICI Bank expects to see some moderation in its net interest margin, reflecting the delayed effect of increase in deposit rates. As we have been guiding in the previous calls, the overall decline in NIMs was very much in line with our expectations,” Sandeep Batra, executive director, ICICI Bank told reporters on Saturday post its earnings. …

ICICI Bank Q1: Net profit rises 40% to ₹9,648 crore on improved asset quality
1 year, 5 months ago

ICICI Bank Q1: Net profit rises 40% to ₹9,648 crore on improved asset quality

Live Mint  

ICICI Bank Q1 Results: ICICI Bank announced its April-June quarter results for fiscal 2023-24 on July 22, reporting a rise of 39.7 per cent in net profit at ₹9,648 crore on a standalone basis, compared to ₹6,905 crore in the corresponding period last year. Asset Quality The bank's asset quality improved as the gross non-performing assets during the June quarter …

IndusInd Bank hits 52-week high on strong Q1 results; Should you buy?
1 year, 5 months ago

IndusInd Bank hits 52-week high on strong Q1 results; Should you buy?

Live Mint  

IndusInd Bank share price rallied over 3% to hit a 52-week high of ₹1,443.35 apiece in the early trade Wednesday after the private sector lender posted decent earnings for the first quarter of FY24, with strong loan book growth and improvement in asset quality, leading to bullish views from analysts. Here’s what brokerages said: Morgan Stanley Morgan Stanley maintained an …

Sensex tops 60k, Nifty jumps 120 pts; Bank, Realty shine; Pharma lags
1 year, 8 months ago

Sensex tops 60k, Nifty jumps 120 pts; Bank, Realty shine; Pharma lags

Live Mint  

Investors cheered the better-than-expected quarterly earnings reports from Reliance and ICICI Bank which lifted the mood of the market. Private sector lender Tamilnad Mercantile Bank on Monday posted a 11.45 per cent rise in its net profit for the fourth quarter ended March 2023 at ₹253 crore, helped by decline in bad loans. Media index drags as it sheds more …

Q4 earnings to dictate ICICI Bank’s stock price on Monday. Here’s what to know!
1 year, 8 months ago

Q4 earnings to dictate ICICI Bank’s stock price on Monday. Here’s what to know!

Live Mint  

One of the largest private sector lenders, ICICI Bank will be in focus on Monday's trading session as its stock price will react to the Q4 earnings for fiscal year FY23, for the first time. Manish Chowdhury, Head of Research at Stoxbox said, "ICICI Bank reported an excellent performance in Q4FY23 across all the key parameters, beating market expectations." Last …

ICICI Bank Q4: From interest income, provisions, key highlight of the quarter
1 year, 8 months ago

ICICI Bank Q4: From interest income, provisions, key highlight of the quarter

Live Mint  

Private sector lender ICICI Bank recorded healthy growth in its fourth quarter results for FY23. Net profit: In Q4FY23, ICICI Bank core operating profit grew by 36.4% year-on-year to ₹ 13,866 crore. Retail loans: The lender’s retail loan portfolio grew by 22.7 percent YoY and comprised 54.7 percent of the total loan portfolio at March 31, 2023. ICICI Bank's rural …

Breaking News: Defence ministers of Russia, China likely to attend SCO meet in India
1 year, 8 months ago

Breaking News: Defence ministers of Russia, China likely to attend SCO meet in India

Live Mint  

Today many companies which include Yes Bank, and ICICI Bank have announced their Q4 earnings today. ICICI Bank net profit rises by 30% to ₹9121.87 cr Private lender ICICI Bank on Saturday reported a 29.96 per cent rise in its net profit to ₹9121.87 crore during the fourth quarter ended March 2023 as compared to ₹7018.71 crore in the year-ago …

Bank FD: ICICI Bank vs Axis Bank vs HDFC Bank; Check Comparison of Latest Interest Rates
1 year, 9 months ago

Bank FD: ICICI Bank vs Axis Bank vs HDFC Bank; Check Comparison of Latest Interest Rates

News 18  

Several banks, including Axis Bank, ICICI Bank, HDFC Bank and SBI, have raised their interest rates on both deposits and loans multiple times in the recent past. The RBI MPC last month raised the key repo rate by 25 basis points to 6.50 per cent. Here’s the comparison of the current fixed deposit interest rates offered by three lenders Axis …

Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer
1 year, 10 months ago

Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer

Hindustan Times  

Nine of the 10 most valued firms together added ₹1.88 lakh crore in market valuation last week, with ITC emerging as the biggest gainer. Barring Reliance Industries Limited, rest nine firms including Tata Consultancy Services, HDFC Bank, Infosys and ICICI Bank were the gainers from the top-10 list. ICICI Bank's market valuation jumped ₹32,239.66 crore to ₹6,02,749 crore and that …

ICICI Bank posts 34% rise in Q3 PAT to ₹8,312 cr, NII surges by 35%
1 year, 11 months ago

ICICI Bank posts 34% rise in Q3 PAT to ₹8,312 cr, NII surges by 35%

Live Mint  

ICICI Bank announced its financial results for the third quarter ending December 31, 2022 period on Saturday. ICICI Bank's Q3 PAT rose by 9.97% from ₹7,557.84 crore in September 2022 quarter. During Q3FY23, ICICI Bank made net additions of ₹1,119 crore to gross NPAs which is higher than ₹605 crore in the previous quarter. In terms of credit growth, ICICI …

Banking sector Q3 preview: Another strong quarter, says Sharekhan
1 year, 11 months ago

Banking sector Q3 preview: Another strong quarter, says Sharekhan

Live Mint  

The banking sector is expected to report a healthy performance in Q3FY2023E, led by strong loan growth, margin improvement, and lower credit costs. The banking sector is expected to report 35 per cent year-on-year growth in earnings in December quarter, on the back of healthy loan growth and lower credit cost, says brokerage Sharekhan. HDFC Bank delivered healthy advances growth …

Why investors must not rest on ICICI Bank's Q2 laurels
2 years, 1 month ago

Why investors must not rest on ICICI Bank's Q2 laurels

Live Mint  

The solid earnings performance of ICICI Bank Ltd in Q2FY23 gave its investors comfort. According to the domestic brokerage house, the ability to sustain NIM would be difficult for all banks, including ICICI Bank. India’s antitrust watchdog barks but fails to bite off Prices may keep rising but inflation will fall For banks, the icing on the cake is about …

Diwali Muhurat Trading 2022: ICICI Bank lifts Sensex to one-month highs
2 years, 1 month ago

Diwali Muhurat Trading 2022: ICICI Bank lifts Sensex to one-month highs

Live Mint  

Indian stock markets moved higher in the one-hour special Muhurat trading session to mark the beginning of Samvat 2079 - the Hindu calendar year that starts on Diwali. ICICI Bank lifts Sensex to one-month highs Indian shares scaled one-month highs in a special one-hour "muhurat" trading session to mark the festival of Diwali on Monday, lifted by sharp gains in …

ICICI Bank Q2 Results: Net Profit Jumps 37% YoY To Rs 7,558 Crore, NII Rises 26%
2 years, 2 months ago

ICICI Bank Q2 Results: Net Profit Jumps 37% YoY To Rs 7,558 Crore, NII Rises 26%

News 18  

ICICI Bank on Saturday posted a standalone net profit of Rs 7,557.8 crore for the September 2022 quarter, a jump of 37 per cent year-on-year as compared with Rs 5,511 crore a year ago. The private sector lender’s net interest income during July-September 2022 jumped 26 per cent YoY to Rs 14,786.8 crore, against Rs 11,690 crore a year ago. …

ICICI Bank Q2 consolidated net profit jumps 31% to Rs 8,006.99 crore
2 years, 2 months ago

ICICI Bank Q2 consolidated net profit jumps 31% to Rs 8,006.99 crore

India TV News  

ICICI Bank Q2 results : ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore. On a standalone basis, the second largest private sector lender reported a 37.14 percent rise in September quarter net profit at Rs 7,557.84 crore, as against Rs 5,510.95 crore in the year-ago period. The bank's …

ICICI Bank hikes fixed deposit interest rates. Check rates of SBI, HDFC Bank
2 years, 2 months ago

ICICI Bank hikes fixed deposit interest rates. Check rates of SBI, HDFC Bank

Hindustan Times  

Private moneylender ICICI Bank has increased its interest rates on the fixed deposits of less than ₹2 crore. The ICICI Bank will continue to offer an interest rate of 2.75 per cent interest rate on fixed deposits maturing in seven days to 29 days. According to the bank's official website, the fixed deposits maturing in seven days to 45 days …

3 major banks hikes MCLR ahead of RBI bi-monthly monetary policy meet
2 years, 4 months ago

3 major banks hikes MCLR ahead of RBI bi-monthly monetary policy meet

Live Mint  

Later this week, the Reserve Bank of India is scheduled to release its bi-monthly monetary policy announcement. The MCLR rates have increased by 15 bps across all tenors, according to the official ICICI Bank website, while the BOI has increased the MCLR by 10 bps across all tenors. ICICI Bank MCLR According to the ICICI Bank's official website, the overnight …

ICICI Bank reports 50% rise in Q1 net profit
2 years, 5 months ago

ICICI Bank reports 50% rise in Q1 net profit

Live Mint  

ICICI Bank on Saturday reported a standalone net profit of ₹6,905 crore in the June quarter of FY23, up 50% from ₹4,616 crore in the same period last year, owing to higher net interest income and lower provisions. ICICI Bank’s provision coverage ratio, a measure of the funds set aside to cover bad loans, stood at 79.6% as on 30 …

Stocks to Watch: JSW Energy, ICICI Securities, Biocon, RBL Bank, NLC
2 years, 5 months ago

Stocks to Watch: JSW Energy, ICICI Securities, Biocon, RBL Bank, NLC

Live Mint  

Here is the list of top 10 stocks that will be in focus today JSW Energy: JSW Energy on Thursday said its net profit jumped 179% to ₹560 crore in the June quarter, mainly on the back of higher revenues. RBL Bank: Private sector lender RBL Bank on Thursday reported a consolidated net profit of ₹208.66 crore in the June …

HDFC Bank Q1 results: Net profit jumps 19% to ₹9,196 crore; NII rises 14.5%
2 years, 5 months ago

HDFC Bank Q1 results: Net profit jumps 19% to ₹9,196 crore; NII rises 14.5%

Live Mint  

HDFC Bank Q1 FY23 Results: HDFC Bank, the country's largest private lender, on Saturday reported a 19% year-on-year rise in its net profit for the April-June quarter at ₹9,196 crore after providing ₹2,984.1 crore for taxation. HDFC Bank had posted a net profit of ₹7,729.64 crore in the year-ago period. Net interest income for the June quarter grew by 14.5% …

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