ICICI Bank Ltd (ICBK.BO)
6 Dec 2013
|Market Cap (Mil.):||Rs1,311,331.00|
|Shares Outstanding (Mil.):||1,154.49|
* Slower loan growth, however, curbs dollar needs of banks
Oct 25 - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email to firstname.lastname@example.org.
MUMBAI - ICICI Bank Ltd , India's largest private-sector lender by assets, is betting on consumer lending to help drive earnings growth this year after car and home loans helped it post over 20 percent profit gain for the third straight quarter.
* July-Sep net profit 23.5 bln rupees vs 21.9 bln analyst estimate
MUMBAI, Oct 25 - ICICI Bank Ltd, India's largest private-sector lender by assets, posted a 20.1 percent rise in second-quarter profit, beating analyst estimates, led by higher credit growth and income from fees.
* Nifty futures on the Singapore Exchange down 0.62 percent and the MSCI-Asia Pacific index excluding Japan falls 0.2 percent. * A stronger yen depressed Japanese stocks on Friday, while the dollar was hemmed in near a two-year low against the euro, reflecting expectations the U.S. Federal Reserve will continue its stimulus into 2014. * Foreign investors have continued to buy local shares, remaining net buyers for a 15th consecutive session. Provisional exchange data showed a net purchase of
MUMBAI, Sept 26 - IL&FS Financial Services Ltd plans to raise 770 million rupees ($12.3 million) via three-year bonds with a 15-month put option at 10.50 percent, a source with knowledge of the deal said.
* European funds are selling shares of Indian private banks such as ICICI Bank Ltd and Axis Bank Ltd, according to three institutional dealers who service buyside investors. * The NSE Bank index has fallen 25 percent since mid-July, when the RBI started tightening liquidity. * Traders say the continued selling in banking shares is a concern given foreign investors have high ownership of Indian banks. * Both ICICI Bank and Axis Bank have a nearly 40 percent foreign holding, according to exchang
REUTERS - ICICI Bank said on Wednesday it has increased its base rate and benchmark prime lending rate by 25 basis points with effect from August 23.
MUMBAI - ICICI Bank Ltd, India's second largest lender by assets, posted on Wednesday a 25.3 percent increase in first-quarter net profit, in line with estimates, led by higher loan growth and income from fees and commissions.