ICICI Bank Ltd (ICBK.BO)
* Seeks members' nod for issue of NCDs , non-convertible securitites up to INR 250 billion Source text for Eikon: Further company coverage:
* Says icici bank slashes home loan rates by upto 30 basis points
* Says approved proposed offshore borrowing plan for financial year 2017-18 Source text for Eikon: Further company coverage:
* Seeks members' nod for increase in authorised share capital to 25 billion rupees Source text: http://bit.ly/2qWfPdB Further company coverage:
* Says to consider offshore fund raising in single/multiple tranches Source text for Eikon: Further company coverage:
May 4 Indian shares ended higher on Thursday as bank stocks climbed on a government move to tackle surging bad loans, while ICICI Bank rallied 9 percent after it said additions to non-performing loans would be lower this year.
* CEO sees bad loan additions FY18 significantly lower (Adds further details, CEO quote, free shares issue)
* CEO says "drilled down" list of potential troubled loans currently at 190.39 billion rupees
MUMBAI, May 3 ICICI Bank Ltd, India's third-biggest lender by assets, reported a smaller-than-expected growth in fourth-quarter net profit as bad loans rose.
* March quarter net profit 20.25 billion rupees versus net profit of 7.02 billion rupees year ago