ICICI Bank Ltd (ICBK.BO)
17 Oct 2014
|Market Cap (Mil.):||Rs1,831,213.00|
|Shares Outstanding (Mil.):||1,157.46|
Reuters Market Eye - ICICI Bank closes 3.4 percent lower. The bank's exposure to debt-laden Jaiprakash group worries investors.
* ICICI Bank falls 2.2 percent. * Exposure to debt-laden Jaiprakash group worries investors. * Jaiprakash Power Ventures' deal to sell its hydropower business to Reliance Power has collapsed. * Also, India's top court on Wednesday de-allocated all the four coal blocks awarded to the group. * ICICI Bank has more than 57 billion rupees ($933.4 million) worth of exposure to the group, according to Thomson Reuters calculations from the infrastructure group's 2013-14 annual report. (bit.ly/1ClFc8h
MUMBAI - The BSE Sensex and Nifty fell for a second straight session on Friday as profit-taking continued in blue-chips such as ICICI Bank after a string of records earlier this week, while foreign investor sales in equity derivatives also weighed.
(The following statement was released by the rating agency) MUMBAI/SINGAPORE, September 03 (Fitch) Fitch Ratings has affirmed the ratings on nine Indian banks. The Long-Term Issuer Default Ratings (IDR) on State Bank of India (SBI), Bank of Baroda, Bank of Baroda New Zealand (BOB NZ), Punjab National Bank, Canara Bank, IDBI Bank, ICICI Bank and Axis Bank have been affirmed at 'BBB-' while Indian Bank has been affirmed at 'BB+'. The Outlook on the IDRs is Stable. A full list of rating action
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.