ICICI Bank Ltd (IBN.N)
24 Jun 2016
** India's largest private sector lender ICICI Bank Ltd rises as much as 3.4 pct, highest since April 26
Indian shares closed higher on Thursday, led by lenders such as ICICI Bank, after the country's upper house of parliament passed a new bankruptcy code to address corporate debts and improve the ease of doing business.
May 12 Indian shares closed higher on Thursday, led by lenders such as ICICI Bank, after the country's upper house of parliament passed a new bankruptcy code to address corporate debts and improve the ease of doing business.
** Kotak Mahindra Bank rises about 2 pct, one of the top gainers on the S&P BSE Bankex index
** ICICI Bank falls as much as 4.94 pct to its lowest since April 12, heads for fourth consecutive daily loss
* About 60 percent of about 70 billion rupees adds to bad loans in Q4 was due to RBI directed review
MUMBAI, April 29 ICICI Bank Ltd, India's biggest private sector lender by assets, reported a 76 percent fall in fourth-quarter net profit, lagging estimates, as it was weighed down by a surge in bad loans.
** ICICI Bank gains as much as 1.4 pct in an otherwise weak Mumbai market
** ICICI Bank shares fall 6.09 pct; heads towards biggest single-day percentage loss since Aug 24, 2015 market sell-off
MUMBAI ICICI Bank Ltd , India's biggest private sector lender by assets, saw its bad loans surge in the December quarter on a central bank order to reclassify some troubled loan accounts, and predicted sour assets will rise further this quarter.
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