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 largest private sector lender showed a 17.4 per cent growth in its profit after tax at ₹10,708 crore for the reporting quarter against ₹9,122 crore in the year-ago period. The core net interest income increased 8.1 per cent to ₹19,093 crore in the reporting quarter on a 16.8 per cent growth in loans.

Crore Cent Icici Bank Bank Standalone  icici  crore  cap  cent  net  lakh  q4  reporting  grew  climb  profit  quarter  market  shares  earnings  breach  bank  standalone

History of this topic

ICICI Bank Q3 Update: India’s second-largest private bank to declare Oct-Dec quarter results on THIS date
3 hours, 58 minutes 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 …

Maharashtra GST officials search three offices of ICICI Bank; bank says ‘cooperating…’
2 weeks, 5 days ago

Maharashtra GST officials search three offices of ICICI Bank; bank says ‘cooperating…’

Live Mint  

Officials from the Maharashtra Goods and Services Tax department searched three ICICI Bank offices on December 4, the bank informed the exchanges today. “.on December 4, 2024, GST authorities initiated a search at three offices of ICICI Bank. ICICI Bank Q2 Results Highlight ICICI Bank announced its July to September quarter results on October 26, and reported a 14.47 per …

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY
1 month, 2 weeks ago

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY

Live Mint  

New Delhi, Nov 4 The National Stock Exchange on Monday reported a 57 per cent year-on-year surge in consolidated net profit to ₹3,137 crore for the September quarter. The exchange posted a total income of ₹5,023 crore during the July-September period of the current financial year, up 25 per cent on a year-on-year basis. For the half-year ended September 30, …

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.

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors
2 months ago

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors

Live Mint  

The news article focuses on several Indian stocks, highlighting positive financial performances and potential gains. While some companies like Bajaj Housing Finance, Cyient DLM, and Union Bank of India saw significant increases in their net profits, others like Mahindra Logistics and Aurum PropTech reported net losses. Ola Electric's IPO is expected to be a major highlight in the Indian stock …

NCLAT issues notice to ICICI Securities in delisting case
2 months, 3 weeks ago

NCLAT issues notice to ICICI Securities in delisting case

Live Mint  

Mumbai: The National Company Law Appellate Tribunal on Tuesday issued a notice to ICICI Securities following an appeal by the minority shareholders against the tribunal's order approving the financial broking firm's delisting. {{^adFree}} {{/adFree}} A bench, led by justices Yogesh Khanna and Ajai Das Mehrotra, were hearing petitions filed by Manu Rishi Gupta and Quantum Mutual Fund, the two minority …

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 …

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 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. …

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 …

Top 10 firms saw market value erode by ₹1.97 lakh cr; TCS, Infosys bear brunt
9 months ago

Top 10 firms saw market value erode by ₹1.97 lakh cr; TCS, Infosys bear brunt

Hindustan Times  

The combined market valuation of five of the top 10 most valued firms plunged by ₹1,97,958.56 crore last week. TCS witnessed the highest decline in market valuation among the top 10 firms During the same period, the Bombay Stock Exchange benchmark recorded a modest climb of 188.51 points or 0.25 per cent. TCS witnessed the highest decline in market valuation …

Indian Bank Q3 standalone net rises 52% to ₹2,119 cr.
11 months ago

Indian Bank Q3 standalone net rises 52% to ₹2,119 cr.

The Hindu  

Indian Bank reported standalone net profit for the December quarter rose 52% from the year-earlier period to ₹2,119 crore due to growth in interest income. Net interest income increased 6% to ₹5,815 crore and fee based income by 21% to ₹852 crore. Gross advances of the bank increased by 13% ₹5,09,800 crore, while gross deposits rose 10% to ₹6,54,154 crore. …

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 …

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 …

IndusInd Bank Q2 profit up 22% to ₹2,202 cr
1 year, 2 months ago

IndusInd Bank Q2 profit up 22% to ₹2,202 cr

Hindustan Times  

IndusInd Bank on Wednesday posted 22 per cent rise in consolidated net profit at ₹2,202 crore for September quarter 2023-24, aided by decline in bad loans and a rise in interest income. Total income increased to ₹13,530 crore during the quarter under review, as against ₹10,719 crore in the same period last year, IndusInd Bank said in a regulatory filing. …

Primary market revival earns deal makers a record $1 billion fees
1 year, 2 months ago

Primary market revival earns deal makers a record $1 billion fees

Live Mint  

MUMBAI : Buoyed by nimble primary markets, the country’s deal-makers earned a record of around $1 billion in fees—the highest ever this millennium for the January-September period, a study and Mint research revealed. According to UK-based global deals analytics firm Refinitiv, on the back of thriving equity capital market deals and trending initial public offerings in India, investment bankers reaped …

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 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 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 …

ICICI Lombard’s Q1 results: Net profit up 12%, gross premium income up 20%
1 year, 5 months ago

ICICI Lombard’s Q1 results: Net profit up 12%, gross premium income up 20%

Live Mint  

On Tuesday, July 18, the private non-life insurance provider ICICI Lombard General Insurance Company announced a 12% year-over-year increase in net profit at ₹390.4 crore for the three months that ended June 30, 2023. The Company's Gross Direct Premium Income for Q1 FY2024 was ₹63.87 billion, showing a growth of 18.9% compared to ₹53.70 billion in Q1 FY2023. When excluding …

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 …

ICRA Q4: Net profit up 15% to ₹38.4 cr, dividend declared
1 year, 7 months ago

ICRA Q4: Net profit up 15% to ₹38.4 cr, dividend declared

Live Mint  

Ratings agency ICRA Ltd on Wednesday reported 15 per cent rise in net profit to ₹38.4 crore for the quarter ended March 2023. The revenue from operations rose 16.4 per cent to ₹109 crore for the quarter under review as against ₹93.7 crore in the year ago period. Consolidated revenue from operations increased by 17.6 per cent to ₹403.2 crore …

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, …

ICICI Lombard records 40% rise in Q4 PAT, declares dividend
1 year, 8 months ago

ICICI Lombard records 40% rise in Q4 PAT, declares dividend

Live Mint  

ICICI Bank-backed general insurance arm, ICICI Lombard on Tuesday beats estimates in terms of profitability for the fourth quarter of FY23. The company posted premium earned of ₹3,726.03 crore in Q4FY23 compared to ₹3,317.78 crore in Q4FY22 and ₹3,792.05 crore in Q3FY23. The company's gross direct premium income came in at ₹49.77 billion in Q4 FY2023 as against ₹ 46.66 …

ICICI Bank revises interest rates on bulk FDs, earn up to 7.25% on 1 year to 15 months tenor effective from today
1 year, 8 months ago

ICICI Bank revises interest rates on bulk FDs, earn up to 7.25% on 1 year to 15 months tenor effective from today

Live Mint  

ICICI Bank has revised its interest rates on bulk fixed deposits of more than ₹2 Cr to less than ₹5 Cr. ICICI Bank is now offering a maximum interest rate of 7.25 per cent on deposits with a term of 1 year to 15 months. ICICI Bank Bulk FD Rates The bank is guaranteeing an interest rate of 4.75% on …

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 …

ICICI Bank pays up to 7.15% return on bulk FD, new rates are in force from today
1 year, 11 months ago

ICICI Bank pays up to 7.15% return on bulk FD, new rates are in force from today

Live Mint  

One of the leading private sector lenders ICICI Bank has revised its interest rates on bulk fixed deposits of ₹2 Cr to ₹5 Cr. In accordance with the revised, ICICI Bank is now providing interest rates on deposit tenors ranging from 7 days to 10 years that range from 4.50% to 6.75%. ICICI Bank Bulk FD Rates The bank is …

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, 2 months 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 …

Kotak Bank’s profit up 26% YoY, see treasury loss of ₹857 crore
2 years, 5 months ago

Kotak Bank’s profit up 26% YoY, see treasury loss of ₹857 crore

Live Mint  

Kotak Mahindra Bank reported a 26% year-on-year jump in net profit, aided by higher credit and lower provisions. The private lender reported a net profit of ₹ ₹2,071.10 crore in the first quarter as against a net profit of ₹1,641.90 crore during the corresponding period last year. However, the bank’s net profit fell 25% on a sequential basis owing to …

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 …

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