ICICI Bank Beats HDFC Bank in Q4; Should You Buy, Sell or Hold ICIC Bank Shares?
2 years, 7 months ago

ICICI Bank Beats HDFC Bank in Q4; Should You Buy, Sell or Hold ICIC Bank Shares?

News 18  

ICICI Bank Q4 Results: ICICI Bank share prices surged nearly 2 per cent after the company reported a 59 per cent jump in standalone net profit for the March quarter of 2021-22. The private sector lender on Saturday reported a 59 per cent jump in standalone net profit to Rs 7,019 crore for the fourth quarter of 2021-22. The bank’s asset quality improved as gross non-performing assets fell to 3.60 per cent of gross advances as of March 31, 2022, from 4.96 per cent in the corresponding period a year ago. They value the standalone bank at 3.1x FY23 P/BV for an FY23E/24E RoE profile of 15.8/16.6 per cent and assign a value of Rs 174 per share to the subsidiaries, on SOTP.

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ICICI Bank Q3 Update: India’s second-largest private bank to declare Oct-Dec quarter results on THIS date
17 hours, 1 minute ago

ICICI Bank Q3 Update: India’s second-largest private bank to declare Oct-Dec quarter results on THIS date

Live Mint  

ICICI Bank Q3 Update: ICICI Bank announced on Tuesday, December 24, that it will conduct its board meeting on Saturday, January 25 to consider its upcoming October-December quarter results for the current fiscal. ICICI Bank Q2 Results ICICI Bank’s core net interest income rose by 9.5 per cent YoY to ₹20,048 crore in the July-September quarter of 2024-25, driven by …

Stocks to buy: HDFC Bank to Zomato—Stoxbox recommends top 10 picks to boost your portfolio in 2025
1 week, 3 days ago

Stocks to buy: HDFC Bank to Zomato—Stoxbox recommends top 10 picks to boost your portfolio in 2025

Live Mint  

Stocks to buy: Domestic equity benchmarks Sensex and Nifty 50 logged their fourth straight weekly gain, the longest such streak since July end, buoyed by consumer stocks on easing domestic retail inflation and the return of foreign inflows. 2) Federal Bank: CMP: ₹213.20, Target Price: ₹250, Upside: 18% Federal Bank, with a current market price of ₹213.20 and a target …

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?
1 week, 5 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 …

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more
1 month, 3 weeks ago

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more

Live Mint  

The Indian stock market saw a mixed performance in the second quarter of 2023, with several major companies reporting strong financial results. ICICI Bank, Yes Bank, and REC reported significant increases in their net profits, while Coal India and Bharat Petroleum saw a decline in their profit margins. Inox Wind and DLF reported significant profit gains, while Bank of Baroda …

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, …

ICICI Bank's Q2 Performance Outperforms Rivals, but Challenges Remain
1 month, 4 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, 4 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, 3 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 …

Major Drivers For Markets This Week: Global Trends, Trading Activity of Foreign Investors
3 months ago

Major Drivers For Markets This Week: Global Trends, Trading Activity of Foreign Investors

News 18  

Investors will keep a track on global trends and trading activity of foreign investors with no major domestic trigger in sight this week, analysts said and added that markets may face volatility amid the monthly derivatives expiry. The highlight of the week was the aggressive buying by Foreign Institutional Investors, who poured in over Rs 14,000 crore on Friday alone, …

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 …

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details
3 months, 1 week ago

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details

News 18  

HDFC Bank, India’s largest private sector lender, on Monday said it will announce its second-quarter results for the current financial year 2024-25 on October 19. In a BSE filing, the company said its board of directors will meet on October 19, 2024, “to inter-alia consider and approve the un-audited standalone and consolidated financial results for the quarter/half-year ending September 30, …

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore
4 months, 3 weeks ago

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore

The Hindu  

ICICI Bank Ltd. reported Q1 FY25 net profit grew 14.6% year-on-year to ₹11,059 crorebeating estimates led by treasury gains and other income. Net interest income of the private sector bank for June quarter rose 7.3% YoY to ₹19,553 crore, the bank said in a filing. “We are comfortable with the asset quality andour strategy is to grow in a risk …

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 …

Stocks To Watch Today: UltraTech Cement, Gillette, IndusInd, Pidilite, Godrej, Tata Chem, Others
7 months, 3 weeks ago

Stocks To Watch Today: UltraTech Cement, Gillette, IndusInd, Pidilite, Godrej, Tata Chem, Others

News 18  

Stocks To Watch On April 29: As the global stock markets are expected to remain positive amid easing global tensions, the Indian markets are also expected to follow suit on April 29. Q4 Financial Results Today: UltraTech Cement, Gillette India, PNB Housing, Poonawalla Fincorp, Tata Chemicals, UCO Bank and Fedbank Financial Services Ltd are some major companies that will announce …

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 …

Yes Bank Q4 standalone net profit rises to ₹452 crore
7 months, 3 weeks ago

Yes Bank Q4 standalone net profit rises to ₹452 crore

Hindustan Times  

Yes Bank on Saturday reported its net profit at ₹452 crore for the quarter ending on March 31, Reuters reported. Yes Bank's net interest income, the difference between the interest earned on loans and paid to depositors, rose 2.3% to ₹2,153 crore. Last week, HDFC Bank had announced its Q4 results, reporting a ₹17,257.87 crore net profit for January-March on …

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. …

HDFC Bank reports Q4 net profit at ₹16,512 crore
8 months ago

HDFC Bank reports Q4 net profit at ₹16,512 crore

Hindustan Times  

Private lender HDFC Bank's net profit in fourth quarter stood at ₹16,512 crore. As per the statement released by the company, HDFC Bank's net interest income - the difference between interest earned and paid - rose 2.1% from the previous quarter to ₹29,080 crore. The bank's core net interest margin was 3.44% on total assets and 3.63% on interest-earning ones, …

ICICI Lombard share price jumps over 5% after strong Q4 results; Should you buy, sell or hold the stock?
8 months, 1 week ago

ICICI Lombard share price jumps over 5% after strong Q4 results; Should you buy, sell or hold the stock?

Live Mint  

ICICI Lombard share price jumped over 5% in early trade on Wednesday after the company reported strong earnings for the fourth quarter of FY24. Kotak Institutional Equities believes ICICI Lombard has fared well due to a combination of a better pricing environment and better risk management. The brokerage firm revised up its estimates by 3-4%, and retained a ‘Reduce’ call …

HDFC Bank ADR rises 7% after Q4 updates lifts sentiments despite reduction in FII shareholding
8 months, 2 weeks ago

HDFC Bank ADR rises 7% after Q4 updates lifts sentiments despite reduction in FII shareholding

Live Mint  

HDFC Bank stock is likely to extend gains on Friday as its US-listed shares rose more than seven per cent on April 4. HDFC Bank American Depository Receipts on the New York Stock Exchange was last up 6.21 per cent at $69.90, after India's biggest private lender's fourth quarter business updates lifted investor sentiments earlier today. The FII ownership in …

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow
8 months, 3 weeks ago

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow

Hindustan Times  

HDFC Bank share price today: The share price of HDFC Bank gained almost 3% today after the bank reported 55.4% year-on-year growth in gross advances to ₹25.08 lakh crore as of March 31, 2024, from ₹16.14 lakh crore as of March 31, 2023. The bank’s advances grew by around 53.8% over March 31, 2023 and around 1.9% over December 31, …

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%
8 months, 3 weeks ago

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%

Hindustan Times  

HDFC Bank said its gross advances at the end of the March quarter rose 1.6% to 25.08 trillion rupees from the December quarter. Gross advances at ₹16.14 lakh crore in the corresponding period of the previous financial year and rose over ₹24.69 lakh crore as of December 31, 2023, the bank informed. The private lender said that its domestic retail …

ICICI Securities falls over 5% as shareholders approve delisting proposal
8 months, 3 weeks ago

ICICI Securities falls over 5% as shareholders approve delisting proposal

Hindustan Times  

ICICI Securities share price declined over 4 per cent today as shareholders approved a proposal to delist ICICI Securities Ltd, following which it will become a wholly-owned subsidiary of ICICI Bank. ICICI Securities share price today Today, ICICI Securities share price opened at ₹720.80 against the previous close of ₹741.10. ICICI Securities delisting: All you need to know Institutional shareholders …

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 …

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market
11 months, 1 week ago

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market

Hindustan Times  

HDFC Bank share price: Just a day after its quarterly results were posted, the shares of HDFC Bank fell over 7 percent as the markets opened on Wednesday. HDFC Bank shares fall after Q3 results At 9:15 am on January 17, HDFC Bank share prices were recorded at ₹1583.85 apiece, falling seven percent from its previous closing rate. Not only …

Dhanlaxmi Bank shares surge over 6% on Q3 business update
11 months, 3 weeks ago

Dhanlaxmi Bank shares surge over 6% on Q3 business update

Live Mint  

Shares of Dhanlaxmi Bank witnessed a robust surge of over 6% in the early trading session on Tuesday, following the release of the bank's Q3FY24 business update. In a filing to the exchange on Monday, the private sector lender reported an 11.5% improvement in its total business, reaching ₹24,657 crore, for the quarter ending December. The bank's gross advances showed …

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 …

HDFC Bank shares rise 2% after Q2 results; should you buy, sell, hold the stock?
1 year, 2 months ago

HDFC Bank shares rise 2% after Q2 results; should you buy, sell, hold the stock?

Live Mint  

HDFC Bank share price today: HDFC Bank share price rose about 2 per cent in early trade on BSE on Tuesday, October 17, a day after the company announced its September quarter results. HDFC Bank Q2 results HDFC Bank reported a rise of 50.6 per cent in standalone net profit at ₹15,976.11 crore for Q2FY24, compared to ₹10,605.78 crore in …

HDFC, Federal Bank net profit beats market estimates, asset quality stable
1 year, 2 months ago

HDFC, Federal Bank net profit beats market estimates, asset quality stable

Deccan Chronicle  

Mumbai: The country’s largest private sector lender HDFC Bank on Monday reported Rs 15,976 crore in standalone net profit for second quarter ended September 2023 surpassing market expectations of Rs 14,000 crore. Another private lender Federal Bank posted its highest ever net profit at Rs 954 crore for Q2FY24, up 11.7 per cent QoQ and 35.5 per cent year on …

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 …

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 …

ICICI Bank shares hit 52-week high post-Q1 results; experts say it remains a buy
1 year, 5 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 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 …

HDFC Bank Q1 results key highlights: 6 things to know
1 year, 5 months ago

HDFC Bank Q1 results key highlights: 6 things to know

Live Mint  

HDFC Bank reported a healthy April-June quarter scorecard of the current financial year on Monday as barring a mild miss on the asset quality sequentially, the numbers were better than Street estimates. Analysts expected HDFC Bank to report a standalone net profit of ₹11,580 crore for the April-June period, showing an increase of 25.9 per cent compared to the same …

ICICI Lombard share price gains 10% as ICICI Bank okays stake raise in former
1 year, 6 months ago

ICICI Lombard share price gains 10% as ICICI Bank okays stake raise in former

Live Mint  

The shares of ICICI Lombard is up by nearly 10 per cent as ICICI Bank's board on May 28 approved raising its stake in ICICI Lombard General Insurance by 4 per cent in multiple transactions, according to an exchange filing on May 28. The shares of ICICI Lombard was trading 10 per cent up at ₹1,209.85 on BSE, while the …

SBI's Q4 net profit jumps 83% to ₹16,694 cr
1 year, 7 months ago

SBI's Q4 net profit jumps 83% to ₹16,694 cr

Hindustan Times  

The country's largest bank SBI on Thursday reported an 83 per cent jump in net profit at ₹16,694.51 crore for the fourth quarter of 2022-23 fiscal on higher interest income and low provisioning. For the full 2022-23 fiscal, SBI's net profit increased 59 per cent to ₹ 50,232.45 crore. During the March quarter of 2022-23 fiscal, the bank's interest income …

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 …

ICICI Bank declares final dividend of ₹8. Check details here
1 year, 8 months ago

ICICI Bank declares final dividend of ₹8. Check details here

Live Mint  

The private lender ICICI Bank has declared a final dividend of ₹8 per equity share of face value of ₹2 on Saturday. ICICI Bank on Saturday reported a rise of 30 per cent in standalone net profit of ₹9,121.87 crore for the quarter ended March 31 2023. The consolidated net profit of the bank reached ₹9,122 crore during Q4FY23, up …

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 …

ICICI Lombard’s share price dips over 4% as brokerages trim target price
1 year, 8 months ago

ICICI Lombard’s share price dips over 4% as brokerages trim target price

Live Mint  

General insurance company, ICICI Lombard on Wednesday shed more than 4% on exchanges after brokerages trimmed their target price for the company following Q4 numbers. At the time of writing, ICICI Lombard's share price traded at ₹1083.15 apiece down by ₹47.40 or 1.2% on BSE. Emkay Global analysts in their note said, "ICICI Lombard logged a satisfactory performance in Q4FY23, …

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