Key Developments: ICICI Bank Ltd (ICBK.BO)
5 Feb 2016
Latest Key Developments (Source: Significant Developments)
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:Says ICICI Bank Limited has become a substantial holder of the company, and holds 11.33 pct of voting power. Full Article
MUMBAI ICICI Bank Ltd , India's biggest private sector lender by assets, saw its bad loans surge in the December quarter on a central bank order to reclassify some troubled loan accounts, and predicted sour assets will rise further this quarter.