ICICI Bank to raise Rs 25,000 crore via private placement of NCDs
ICICI Bank on Saturday announced that the board of the bank has approved a fund raise of Rs 25,000 crore through private placement of non-convertible debentures (NCDs).
Markets Desk at BusinessUpturn.com
ICICI Bank on Saturday announced that the board of the bank has approved a fund raise of Rs 25,000 crore through private placement of non-convertible debentures (NCDs).
ICICI Bank’s Q4 net profit came in at Rs 9,121.8 crore against Rs 8,311 crore in the previous quarter and Rs 7,019 crore in the same period last year.
Yes Bank’s Q4 net profit came in at Rs 202 crore against Rs 367 crore reported in the same period last year.
The Sensex, however, ended mildly in the green at 59,655, up 22 points. The Nifty-50 ended flat with a negative bias at 17,624.
At 10:10 AM, HCLTech stock was up 1.7% at Rs 1,055.
The board of the company has also announced final dividend of Rs 16 for FY23.
“Such breach does not have any impact on client securities, funds and credentials; and all client accounts are secure,” the company said.
HCLTech today reported a strong growth in its Q4 net profit results at Rs 3,981 crore, up 10.61% against Rs 3,599 crore reported during the same period last year.
FIIs sold shares worth Rs 1,169 crore in the cash markets, against Rs 13 crore worth of shares sold in yesterday’s trading session
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Top stocks to watch today are Mastek, Tata Comm, ICICI Securities, Equitas SFB, besides others.
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