Key Developments: ICICI Bank Ltd (ICBK.BO)

ICBK.BO on Bombay Stock Exchange

19 Dec 2014
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Rs10.20 (+2.95%)
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Latest Key Developments (Source: Significant Developments)

ICICI Bank Ltd approves sale of ICICI Bank Eurasia
Friday, 5 Dec 2014 05:36am EST 

ICICI Bank Ltd:Approved a proposal for the sale of ICICI Bank’s shareholding in ICICI Bank Eurasia Ltd Liability Company (IBEL), a non-material wholly-owned banking subsidiary in Russia, to Sovcombank, an unrelated third party Russian bank.The transaction is expected to conclude by the end of the financial year.  Full Article

ICICI Bank announces $500 million International bond offering
Friday, 12 Sep 2014 02:30am EDT 

ICICI Bank Ltd:Says ICICI bank acting through its Dubai branch, priced an issuance of 5.5 year fixed rate notes of an aggregate principal amount of $500 million.Says it was offered at issue price of 99.653.  Full Article

ICICI Bank Ltd allotts equity shares
Monday, 14 Jul 2014 05:13am EDT 

ICICI Bank Ltd:Allotted 193,900 equity shares of face value of 10 Indian Rupees each July 11.  Full Article

ICICI Bank Ltd announces allotment of equity shares
Tuesday, 3 Jun 2014 06:07am EDT 

ICICI Bank Ltd:Allotted 215,340 equity shares of face value of 10 Indian Rupees each on June 02.  Full Article

ICICI Bank Ltd Board recommends dividend
Friday, 25 Apr 2014 03:39am EDT 

ICICI Bank Ltd:Board recommends dividend of 23.00 Indian rupees per equity share for the year ended March 31 (previous year dividend of 20.00 Indian rupees per equity share).Payment of dividend is subject to requisite approvals.Board of Directors has also recommended a dividend of 100.00 Indian rupees per preference share on 350 preference shares of the face value of 10 mln Indian rupees each for the year ended March 31.  Full Article

Wollongong Coal Ltd announces shareholding interest of ICICI Bank Limited
Friday, 11 Apr 2014 04:09am EDT 

Wollongong Coal Ltd:Says ICICI Bank Limited has become a substantial holder of the company, and holds 11.33 pct of voting power.  Full Article

ICICI Bank Ltd Announces USD750 Million International Bond Offering
Monday, 18 Nov 2013 09:40pm EST 

ICICI Bank Ltd, acting through its Dubai branch, priced an issuance of 5.5 year fixed rate notes of an aggregate principal amount of USD750 million. The notes were sold under the Rule 144A/Reg S format. The notes carry a coupon of 4.80% and were offered at an issue price of 99.609.  Full Article

ICICI Bank Ltd Announces Management Changes
Friday, 25 Oct 2013 08:53am EDT 

ICICI Bank Ltd announced that Mr. Rakesh Jha, Deputy Chief Financial Officer has been designated as Chief Financial Officer of ICICI Bank. Mr. N. S. Kannan who was designated as Executive Director & Chief Financial Officer will continue to be Executive Director of ICICI Bank and Mr. Rakesh Jha will continue to report to Mr. N. S. Kannan. The appointment has been made in accordance with the requirements of the listing agreement and after approval of the Audit Committee at its meeting held on October 24, 2013 and due confirmation by the Board of the Bank at its meeting held on October 25, 2013.  Full Article

GCA Savvian Corporation to Sign Business Alliance with ICICI Bank Ltd's Subsidiary
Wednesday, 23 Oct 2013 04:30am EDT 

GCA Savvian Corporation announced that it has decided to sign a business alliance with ICICI Bank Ltd's subsidiary, ICICI Securities Limited, regarding collaboration on advisory business related to cross-border merger & acquisition between India and Japan.  Full Article

ICICI Bank Ltd To Sell Mumbai's Prabhadevi Property For INR100 Crore (INR1 Billion)-The Economic Times
Monday, 12 Aug 2013 06:33pm EDT 

The Economic Times reported that ICICI Bank Ltd is set to sell one of the residential buildings in central Mumbai's Prabhadevi for about INR100 crore (INR1 billion), in line with the strategy of the bank to offer executives compensation for rent instead of accommodation as part of their annual package. The bank has already identified a prospective buyer and the deal is likely to be concluded within two weeks, persons familiar with the matter said. The six-storey building, known as ICICI Apartments, is spread over nearly half an acre on Cadell Road.  Full Article

Indian regulator fines ICICI, Bank of Baroda over fake customers

MUMBAI, Dec 17 - India's central bank has fined ICICI Bank Ltd and state-run Bank of Baroda over violations of customer protection rules that allowed fraudsters to cash fake checks and postal orders for up to two years.

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