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ICICI Bank Ltd (ICBK.NS)

ICBK.NS on National Stock Exchange of India

257.15INR
24 Jan 2017
Change (% chg)

Rs-0.40 (-0.16%)
Prev Close
Rs257.55
Open
Rs258.55
Day's High
Rs258.55
Day's Low
Rs255.65
Volume
24,109,134
Avg. Vol
16,351,121
52-wk High
Rs298.40
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Rs180.75

Latest Key Developments (Source: Significant Developments)

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

Gokaldas Exports says ICICI Bank cuts stake in co by 2.2 pct
Thursday, 23 Jun 2016 03:36am EDT 

Gokaldas Exports Ltd : Icici bank cuts stake in co by 2.22 percent to 7.68 percent between June 14, 2016 to June 21, 2016 .  Full Article

ICICI Bank Ltd's board sale of 6.0 pct. shareholding in ICICI Prudential Life Insurance Company
Monday, 16 Nov 2015 07:41am EST 

ICICI Bank Ltd:Says board has approved sale of 6.0 pct. out of ICICI Bank Ltd's shareholding in ICICI Prudential Life Insurance Company Ltd, comprising the sale of 4.0 pct. to Premji Invest & its affiliates and 2.0 pct. to Compassvale Investments Pte Ltd.Compassvale Investments Pte Ltd is an indirectly wholly-owned subsidiary of the Singapore-based investment company, Temasek.Says proposed transaction values the company at 325 bln Indian rupees.Says upon completion of transaction, ICICI Bank will hold about 68 pct. share of the company.Says Prudential Plc, ICICI Bank's joint venture partner, will maintain its current share of about 26 pct.  Full Article

ICICI Bank Ltd appoints non-executive Chairman
Tuesday, 9 Jun 2015 06:10am EDT 

ICICI Bank Ltd:Approves appointment of M. K. Sharma as non-executive Chairman of Board for a period of five years, in place of K. V. Kamath who would shortly step down from the Board consequent to his nomination as first President of the New Development Bank being established by BRICS nations.Appointment is subject to the prior approval of Reserve Bank of India (RBI), other regulatory approvals and would be effective July 01 or the date of receipt of RBI approval, whichever is later.  Full Article

BRIEF-India's ICICI Bank says PhonePe following restrictive practice on payments

* ICICI Bank says PhonePe following restrictive practice of allowing only users of its own UPI handle to make payments on its app