ICICI Bank secures NSE & BSE approval for delisting ICICI Securities shares
ICICI Bank has received approval from both the National Stock Exchange (NSE) and the Bombay Stock Exchange to delist shares of its subsidiary, ICICI Securities.
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ICICI Bank has received approval from both the National Stock Exchange (NSE) and the Bombay Stock Exchange to delist shares of its subsidiary, ICICI Securities.
The bank’s standalone profit experienced a year-on-year growth of 35.7%, escalating from Rs 7,557.84 crore in the corresponding period last year to Rs 10,261 crore.
The firm’s net earnings for the quarter spanning July to September stood at ₹ 577.3 crore, witnessing a marginal drop of 2.2% from ₹ 590.5 crore during the corresponding period last year.
The Reserve Bank of India (RBI) has taken strict measures against ICICI Bank Ltd., imposing a monetary penalty of ₹12.19 crore.
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).
ICICI Bank Q1 Results: ICICI Bank experienced a significant 38% year-on-year rise in its net interest income (NII), reaching ₹18,227 crore
Pine Labs announced the acceptance of digital Rupee on its PoS terminals in partnership with ICICI Bank.
Top stocks to watch today are Reliance Industries, ICICI Bank, Yes Bank, Macrotech Developers, HDFC Bank.
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.
Shares of Reliance Industries, ICICI Bank and Infosys alone contributed 50% to Nifty’s move on Friday.
Shares of Axis Bank, Canara Bank, IDBI, Jindal Stainless, and Tata Communications will be closely watched ahead of Monday's release of Q3 earnings.
According to a regulatory filing, ICICI Bank's overall income grew to 33,529 crore in the most recent December quarter from 27,069 crore the previous year.
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