ICICI Bank Ltd (ICBK.BO)
|Market Cap (Mil.):||Rs1,721,374.00|
|Shares Outstanding (Mil.):||1,156.49|
MUMBAI - ICICI Bank Ltd, India's second-biggest lender by assets, on Thursday beat estimates with a 17 percent rise in quarterly net profit, helped by growth in credit demand and higher fee income.
* Shares in India's ICICI Bank fall 1.2 percent despite better-than-expected earnings. * Dealers cite disappointment after net profit when adjusted for other income comes actually below consensus. * The other income section includes treasury gains of 1.03 billion rupees ($17.04 million), from the repatriation of overseas profits in the first quarter of the fiscal year, company data shows. * ICICI Bank shares earlier rose as much as 1.1 percent. ($1 = 60.4500 Indian Rupees) (abhishek.vishnoi@t
* Q1 net profit at 26.55 bln rupees vs 25.73 bln rupees estimates
July 31 - ICICI Bank Ltd, India's second-biggest lender by assets, reported a 17 percent rise in quarterly profit, beating estimates, helped by loan growth and higher fee income.
MUMBAI, July 25 - India's ICICI Bank is expected to raise at least 5 billion rupees ($83.24 million) via 10-year bonds intended towards infrastructure lending at a semi-annual coupon of 9.15 percent, two sources said on Friday.
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.