ICICI Bank Ltd (ICBK.BO)
* To cut base rate by 35 bps to 9.35 percent effective October 5. Further company coverage:
** Goldman Sachs upgrades Axis Bank, ICICI Bank and Yes Bank to "Buy" from "neutral" citing attractive entry after recent underperformance on bad loan concerns
MUMBAI, Aug 31 - India's central bank listed State Bank of India and ICICI Bank as the country's two "systemically important banks", lining them up for tougher supervision to avoid collapses that would rattle the financial system and economy.
REUTERS - India’s stock markets rose on Friday on the back of upbeat U.S. economic data, but posted their biggest weekly decline in nearly three months, bruised by a global selloff earlier this week.
MUMBAI - The BSE Sensex and Nifty rose on Monday to mark their fourth consecutive session of gains, as lenders advanced on hopes of stable asset quality after ICICI Bank Ltd's positive outlook and a decrease in bad loans at some of the state-run banks.
MUMBAI, Aug 3 - Indian shares rose on Monday, heading for their fourth session of gains, as lenders advanced on hopes of stable asset quality after ICICI Bank's positive outlook and a reduction in bad loans at some of the state-run banks.
MUMBAI - ICICI Bank Ltd said on Friday it saw the rate of new troubled loans slowing as the nation's biggest private sector lender by assets reported a better-than-expected quarterly profit.
* Q1 net profit 29.76 bln rupees vs 29.2 bln analysts' estimate
MUMBAI, July 31 - ICICI Bank Ltd, India's biggest private sector lender by assets, reported a 12 percent rise in quarterly profit, beating estimates, and its bad loan ratio fell sequentially, sending its shares higher by more than 5 percent.
MUMBAI, July 24 - Indian shares ended nearly 1 percent lower on Friday, dragged down by ICICI Bank on concerns over its exposure to debt-laden Jaiprakash Group, while Reliance Industries fell ahead of its quarterly results later in the day.