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ICICI Bank Ltd (IBN.N)

IBN.N on New York Stock Exchange

8.54USD
26 Apr 2017
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$0.01 (+0.12%)
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Latest Key Developments (Source: Significant Developments)

ICICI Bank says media reports on co buying 1.09 pct stake in Karnataka Bank "erroneous"
Wednesday, 12 Apr 2017 12:36am EDT 

ICICI Bank Ltd : "Some erroneous media reports have appeared that ICICI Bank has acquired 1.09% stake in Karnataka Bank" .Almost all of the shares are held by bank on behalf of its equity broker clients as security for exchange clearing and settlement business.  Full Article

ICICI Bank partners with Truecaller to launch UPI based mobile payment service
Tuesday, 28 Mar 2017 03:52am EDT 

ICICI Bank Ltd :ICICI Bank partners with Truecaller to launch a UPI based mobile payment service.  Full Article

ICICI Bank Dec-qtr profit down about 19 pct
Tuesday, 31 Jan 2017 05:30am EST 

ICICI Bank Ltd : Dec quarter net profit 24.42 billion rupees . Dec quarter gross NPA 7.91 percent versus 6.82 percent previous quarter . Dec quarter net NPA 4.35 percent versus 3.57 percent previous quarter . Consensus forecast for Dec quarter profit was 21.7 billion rupees . Dec quarter interest earned 136.18 billion rupees versus 133.46 billion rupees year ago . Dec quarter provisions 27.13 billion rupees versus 28.44 billion rupees year ago . Says there has been a significant increase in volume and value of debit card and credit card transactions in november and december 2016 .The profit, gross NPA and net NPA alerts were first sourced from TV and were later confirmed from a company press release at the National Stock Exchange.  Full Article

NPCI advises ICICI Bank to open UPI transactions immediately
Thursday, 19 Jan 2017 06:47am EST 

National Payments Corp of India: NPCI's statement pertaining to ICICI Bank blocking PhonePe's UPI transactions . National Payments Corp of India - ICICI Bank has been advised to open UPI transactions immediately. .NPCI - advised banks to adhere to merchant on-boarding guidelines meticulously from angle of interoperability of merchant app so that disputes are avoided..  Full Article

ICICI Bank says ICICI Prudential Life Insuarance IPO offer priced at 334 rupees/share
Thursday, 22 Sep 2016 11:05pm EDT 

ICICI Bank Ltd :ICICI Prudential Life Insuarance Co IPO of 181.3 million shares offer priced at 334 rupees per equity share.  Full Article

India cenbank identifies SBI, ICICI Bank as domestic key banks in 2016
Thursday, 25 Aug 2016 07:02am EDT 

Reserve Bank of India: RBI identifies SBI and ICICI Bank as D-SIBs in 2016 . Retained SBI and ICICI Bank's bucketing structure as it was last year . Framework also requires D-SIBs to be placed in four buckets depending upon their systemic importance scores . Additional CET1 requirement for the 2 banks has already been phased-in from April 1, 2016 and would become fully effective from April 1, 2019 . Additional CET1 requirement will be in addition to the capital conservation buffer. .  Full Article

ICICI Bank and Apollo to collaborate in asset resolution
Monday, 1 Aug 2016 06:30am EDT 

ICICI Bank Ltd : ICICI Bank and Apollo to collaborate in asset resolution . ICICI bank-co, Apollo India credit opportunity management, Aion capital management entered into MoU for working together for debt resolution in India . MoU envisages establishment of asset reconstruction co, and acquisition of debt exposures from lenders as well as equity stakes in companies . Objective of partnership to streamline operations of borrowers, facilitate deleveraging and arrange additional funding on a case-by-case basis . Initiative will seek to revitalize distressed assets and maximize economic value .  Full Article

ICICI Bank exec says co has watchlist loans of 387.23 bln rupees
Friday, 29 Jul 2016 08:00am EDT 

ICICI Bank Ltd : Exec says have set up a credit monitoring group . Exec says has watchlist loans of 387.23 billion rupees . Exec says added 82.49 billion rupees to bad loans in June quarter . Exec says June quarter NIM was 3.16 percent versus 3.37 percent in Q4 . Further company coverage [ICBK.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

ICICI Bank June-qtr profit down about 25 pct
Friday, 29 Jul 2016 07:11am EDT 

ICICI Bank Ltd : June-quarter net profit 22.32 billion rupees . June-quarter gross NPA 5.87 percent . Consensus forecast for June-quarter net profit was 21.99 billion rupees . June-quarter interest earned 133.30 billion rupees;provisions 25.15 billion rupees . June-quarter net NPA 3.35 percent versus 2.98 percent previous quarter . The profit alert and the gross NPA alert was first sourced from TV and was later confirmed from a press release at the NSE .  Full Article

ICICI Bank seeks members' nod to borrow via issue of NCDs for up to 250 bln rupees
Tuesday, 5 Jul 2016 03:41am EDT 

ICICI Bank Ltd : Seeks members' nod to borrow via issue of NCDs, including but not limited to bonds and non-convertible debentures, for up to 250 billion rupees .  Full Article

More From Around the Web

BRIEF-ICICI Bank says media reports on co buying 1.09 pct stake in Karnataka Bank "erroneous"

* "Some erroneous media reports have appeared that ICICI Bank has acquired 1.09% stake in Karnataka Bank"