ICICI Bank Ltd (ICBK.BO)
7 Mar 2014
|Market Cap (Mil.):||Rs1,387,884.00|
|Shares Outstanding (Mil.):||1,154.74|
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.
* India's benchmark BSE index gains 0.38 percent, recovering after slumping more than 3 percent over the last three sessions. The NSE index is up 0.44 percent. * Gains also track higher Asian markets on Wednesday after Turkey stunned investors with a huge hike in interest rates, stirring hopes the drastic action would short-circuit a vicious cycle of selling in emerging markets and revive risk appetite generally. * Maruti Suzuki India Ltd shares rise as much as 8 percent, recovering almost ful
* India's 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. * StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects ICICI Bank to report a profit of 24.99 billion rupees ($398.85 million) for the quarter, compared with a consensus mean estimate of 24.57 billion rupees. * At 0420 GMT, ICICI Bank shares up 1.1 percent. ($1 = 6
MUMBAI - Indian shares fell for a fifth consecutive session on Tuesday to mark their weakest start to a year since 2011, as technology stocks, including Infosys Ltd, dropped on caution ahead of the software exporter's quarterly results on Friday.
* Shares in India's ICICI Bank Ltd gain 1.4 percent on value-buying after falling nearly 5.3 percent over the previous four sessions, dealers say. * The bank's shares have fallen nearly 14 percent since its six-month high at 1,206.60 rupees on Dec. 9. * ICICI Bank trades at 1.5 times of 12-month forward book value, almost half the valuation of its counterpart HDFC Bank which trades at 3.2 times, Thomson Reuters StarMine data shows. (firstname.lastname@example.org /; abhishek.vishnoi.thom
MUMBAI - The BSE Sensex fell more than 1 percent on Thursday, posting its biggest single-day percentage fall in nearly 1-1/2 months as profit-booking hit blue chips such as ICICI Bank for a second consecutive day, in a weak start to 2014.