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ICICI Bank Q3 Results: Net profit jumps 23.6% to Rs 10,271.5 crore, better than analysts' expectations

ICICI Bank Q3 Results: Net profit jumps 23.6% to Rs 10,271.5 crore, better than analysts' expectations

Sat, Jan 20, 2024

ICICI Bank reported a better-than-expected net profit for the October-December period on Saturday, January 20.

ICICI Securities declines despite upbeat December quarter results; read what Anil Singhvi says about Q3 numbers

ICICI Securities declines despite upbeat December quarter results; read what Anil Singhvi says about Q3 numbers

Wed, Jan 17, 2024

Consolidated profit after tax for ICICI Securities for the December quarter came in at Rs 466 crore, which was higher by 65.8 per cent from Rs 281 crore Year-on-Year (YoY). Consolidated revenue for the company also saw a jump of 50.5 per cent to Rs 1323 crore from Rs 879 crore.

Banking sector Q3 results preview: NIM likely to remain weak for top lenders with minor improvement in asset quality

Banking sector Q3 results preview: NIM likely to remain weak for top lenders with minor improvement in asset quality

Mon, Jan 15, 2024

According to IDBI Capital Markets, although economic momentum likely continued in the October-December period, the RBI’s regulatory action on unsecured portfolios could play spoilsport for the BFSI sector as a whole.

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Chanda Kochhar controversy roils ICICI Bank AGM

Chanda Kochhar controversy roils ICICI Bank AGM

Thu, Sep 13, 2018

Chanda Kochhar has been away from office following an enquiry initiated under the retired Supreme Court judge BN Srikrishna late May, but continues to hold onto her position as the managing director & chief executive, was absent at the AGM.

Money Alert! Cibil data can be "gamed"; check view on income tax returns too

Money Alert! Cibil data can be "gamed"; check view on income tax returns too

Wed, Sep 12, 2018

The warning by one of the largest private sector lenders comes even as banks, including ICICI Bank itself, and new-age fintechs are increasingly using credit scores issued by companies like Cibil and other online tools to assess creditworthiness of a borrower for quicker turnaround of credit proposals.

Corporate Affairs Ministry summons Chanda Kochhar's husband Deepak Kochhar in ICICI Bank controversy

Corporate Affairs Ministry summons Chanda Kochhar's husband Deepak Kochhar in ICICI Bank controversy

Mon, Sep 10, 2018

As the inspection progresses into six companies linked to ICICI Bank controversy, the Corporate Affairs Ministry will question Deepak Kochhar, husband of the bank's chief Chanda Kochhar, later this month, a senior official said.

Big setback for Chanda Kochhar; watchdog set to knock on ICICI Bank CEO's door

Big setback for Chanda Kochhar; watchdog set to knock on ICICI Bank CEO's door

Sun, Sep 09, 2018

The bank and Kochhar have been maintaining there has been no regulatory violation on their part and that she was not aware of specific business dealings of her husband.

Chanda Kochhar offers to be reappointed on board of ICICI Securities

Chanda Kochhar offers to be reappointed on board of ICICI Securities

Fri, Aug 24, 2018

There are allegations of impropriety on part of Kochhar in ICICI Bank extending loans to some companies and enjoying reciprocal benefits.

Srikrishna panel report on Chanda Kochhar expected in 2 months, says ICICI Chairman

Srikrishna panel report on Chanda Kochhar expected in 2 months, says ICICI Chairman

Fri, Aug 24, 2018

"The bank is yet to reply on Videocon notice by Sebi as we are waiting for Srikrishna panel report. We expect the Report in 2-2.5 months," he said on the sidelines of an event here.

It's free! Use Reliance Jio postpaid data and don't pay bills for two months; here's how

It's free! Use Reliance Jio postpaid data and don't pay bills for two months; here's how

Mon, Aug 20, 2018

Reliance Jio postpaid plan users can now enjoy two months of free data. But there is a condition.

ICICI Bank revises Fixed Deposit (FD) interest rates: How it compares to HDFC, SBI, Canara bank

ICICI Bank revises Fixed Deposit (FD) interest rates: How it compares to HDFC, SBI, Canara bank

Tue, Aug 14, 2018

ICICI Bank has hiked interest rates on some of its Fixed Deposit (FD) plans with effect from today (August 14, 2018).

Sensex eases from record highs; financials drag

Sensex eases from record highs; financials drag

Fri, Aug 10, 2018

Indian shares fell on Friday, after touching record highs for four straight sessions, dragged down by financial stocks such as State Bank of India and ICICI Bank Ltd.

Ongoing enquiry against Kochhar may lead to more scrutiny, says ICICI Bank

Ongoing enquiry against Kochhar may lead to more scrutiny, says ICICI Bank

Fri, Aug 03, 2018

ICICI Bank has said that the ongoing enquiry against its MD and CEO Chanda Kochhar could lead to further scrutiny and additional costs, denting its reputation.

ICICI Bank share price soars 5%, is this the reason why?

ICICI Bank share price soars 5%, is this the reason why?

Mon, Jul 30, 2018

The weak ICICI Bank Q1FY19 quarter did raise a red flag for many experts, however, a majority of them maintained a 'buy' ratings on the bank.

Beleaguered ICICI Bank retracing old strategy of growing unsecured credit

Beleaguered ICICI Bank retracing old strategy of growing unsecured credit

Mon, Jul 30, 2018

The gloss is coming off the balance-sheet of India’s second-biggest private lender, ICICI Bank. With multiple investigations underway against its managing director and CEO, Chanda Kochhar, and another set of probe on its profit figures, the bank’s management is left with little choice but to hike provisions on all weak accounts.

Reliance Industries, ICICI Bank among top stocks in focus today

Reliance Industries, ICICI Bank among top stocks in focus today

Mon, Jul 30, 2018

Technology and energy shares led Japan's Nikkei down 0.4 per cent in early trade, while tech also featured in South Korea's 0.2 per cent decline. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.03 per cent.

ICICI Bank Q1 results: From Credit growth to asset quality, 6 key takeaways

ICICI Bank Q1 results: From Credit growth to asset quality, 6 key takeaways

Fri, Jul 27, 2018

ICICI Bank Ltd, the third-biggest Indian lender by assets, today reported a loss of Rs 119.5 crore on standalone basis for the June quarter, due to rise in bad loans. The bank's net profit in the year-ago period stood at Rs 2,049 crore.

ICICI Bank Q1 results: Lender posts net loss of Rs 119.5 crore

ICICI Bank Q1 results: Lender posts net loss of Rs 119.5 crore

Fri, Jul 27, 2018

This is the first results announcement in absence of its CEO and Managing Director Chanda Kochhar, who is on leave pending an independent inquiry into the impropriety allegations against her. This will also be the first after the appointment of Sandeep Bakhshi as ICICI Bank’s new Chief Operating Officer in June this year.

ICICI Bank, Asian Paints among top five stocks in focus today

ICICI Bank, Asian Paints among top five stocks in focus today

Wed, Jul 25, 2018

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.17 per cent. The index extended gains from the previous day, when it was lifted after China said it will adopt a more vigorous fiscal policy to help tackle external uncertainties.

ICICI Bank crosses milestone of supporting 17 lakh women beneficiaries; all details here

ICICI Bank crosses milestone of supporting 17 lakh women beneficiaries; all details here

Wed, Jul 18, 2018

As recognition of the Bank’s continued efforts under SBLP, it has been awarded the first prize among ‘Private Sector Commercial Banks’ by NABARD for ‘Excellence in Performance’ under SBLP in Tamil Nadu for the third consecutive year.

Infosys, PC Jeweller among top five stocks in focus today

Infosys, PC Jeweller among top five stocks in focus today

Mon, Jul 16, 2018

Asian markets brushed off the firmer Wall Street lead as investor caution dominated ahead of the release of key Chinese economic data, which is expected to show signs of a slowdown.

ICICI Bank names Girish Chandra Chaturvedi as part-time non-exec chairman

ICICI Bank names Girish Chandra Chaturvedi as part-time non-exec chairman

Fri, Jun 29, 2018

ICICI Bank Ltd said on Friday it appointed Girish Chandra Chaturvedi as part-time, non-executive chairman, effective July 1. Chaturvedi, a former Indian Administrative Services officer, most recently served as chairman of the Warehousing Development and Regulatory Authority.

Titan, ICICI Bank among 8 stocks hogging limelight in Friday's trade

Titan, ICICI Bank among 8 stocks hogging limelight in Friday's trade

Fri, Jun 29, 2018

Stocks on Wall Street posted small gains on Thursday, helped by financial and technology shares, but broader market sentiment remained subdued on lingering concerns over U.S.-driven trade tensions.

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