RBI imposes ₹12.19 crore penalty on ICICI Bank for regulatory breaches
The Reserve Bank of India (RBI) has taken strict measures against ICICI Bank Ltd., imposing a monetary penalty of ₹12.19 crore.
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ICICI Bank Q1 Results: Profit after tax grows 39.7% YoY
On June 30, 2023, the bank's total period-end deposits had increased significantly year over year by 17.9%, totalling 12,38,737 crore (US$151.0 billion). For Q1-2024, the average CASA ratio was 42.6%. Additionally, the domestic loan portfolio increased by 20.6% year over year, ending June 2023 at 10,25,310 crore (US$125.0 billion).
Check out the Top 10 Indian companies ranked by their market value
The market capitalisation, commonly referred to as market cap, is the total market value of a company's outstanding shares of stock. It is a crucial indicator of a company's size, and investors often use it to evaluate companies and compare them with their peers.
Check out the Top 10 Indian stocks to invest in US markets
Looking to invest in Indian stocks listed on the US stock market? Here are ten top picks that you may want to consider, based on their historical performance and reputation.
ICICI Bank shares reached a record high following fund raising clarity
Following the private lender's clarification on the ₹10,000 fund raise via infra bonds, the share price of ICICI Bank has increased today.
ICICI Prudential Mutual Fund collects Rs 3,130 crore for NFO
ICICI Mutual Fund which is also the country's second largest asset manager. Has now garnered Rs 3,130 crore of investor flows for its new fund offer (NFO). Which will be known as the ICICI Prudential Housing Opportunities Fund.
ICICI Bank signs MoU with GIFT SEZ
ICICI Bank and GIFT SEZ on Wednesday signed a Memorandum of Understanding (MoU) to promote GIFT SEZ to Indian as well as global businesses including IT or ITeS and financial services.
ICICI Bank increases stake to 7.4% in Fino PayTech
Initially, ICICI Bank had a shareholding of 4.6% in Fino PayTech.
Beware!! Fake research reports are circulated in the name of ICICIdirect
These reports are following the same design template as the official reports and thus making it difficult for the investors to differentiate between real & fake reports.
RBI to make changes in ATM withdrawal, salary, EMI, others from August 1
The implementation of Doorstep service charges, changes in salary, EMI, increased cash withdrawal charges and updated charges of ICICI bank will not just change the personal finance but will transform the entire economy.
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