ICICI Bank Ltd (IBN.N)
23 Jul 2014
|Market Cap (Mil.):||$28,473.86|
|Shares Outstanding (Mil.):||578.21|
SINGAPORE, June 2 (IFR) - Indian banks moved quickly last week to take advantage of a rally in Indian credits on hopes that the country's newly elected government will succeed at key economic reforms.
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MUMBAI - ICICI Bank Ltd and Axis Bank Ltd , two of India's top private-sector lenders, are betting on a pick-up in loan demand after the general election ends next month, as big companies revive investment plans.
* ICICI, Axis Q4 net profit beat estimates, but bad loans rise
MUMBAI, April 25 - ICICI Bank Ltd, India's biggest private sector lender by assets, posted a 15 percent rise in quarterly net profit, beating estimates, helped by a surge in demand for loans from retail customers and higher fee income.
MUMBAI - Nifty fell for a fourth consecutive session on Wednesday to its lowest close in two months as banks were hit after biggest Indian private lender ICICI Bank said bad loans had risen and it would set aside more funds.
MUMBAI - ICICI Bank Ltd sees the amount of corporate defaults rising in coming quarters as borrowers succumb to the pressures of a sluggish economy which has already pushed profit growth to a four-year low.
MUMBAI, Jan 29 - India's NSE index fell for a fourth consecutive session on Wednesday to its lowest close in two months as banks were hit after India's biggest private lender, ICICI Bank, said bad loans rose in the December-quarter.
MUMBAI, Jan 29 - ICICI Bank Ltd, India's biggest private sector lender, posted its slowest quarterly growth in four years as asset quality worsened and funds set aside for bad loans and contingencies almost doubled from a year earlier.
Reuters Market Eye - ICICI Bank Ltd may beat consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.
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