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ICICI Bank Says Kisan Finance Plans To Raise Fresh Capital From New Investor; Bank's Stake To Reduce To 7.4%
Jaiprakash Power Ventures Ltd -ICICI Bank Has Withdrawn Application Filed For Insolvency Procedure Of Co
ICICI Bank Sells Stake In Shree Benzophen Industries
ICICI Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services. The Bank's business segments are Retail banking, Wholesale banking, Treasury, Other banking, Life insurance, General insurance and Others. It has a network of approximately 18,210 branches and automated teller machines (ATMs). The Bank has approximately 110 Touch Banking branches across over 30 cities. Its international banking is focused on providing solutions for the international banking requirements of its Indian corporate clients and leveraging economic corridors between India and the rest of the world. The Bank caters to the financial needs of women entrepreneurs through its Self-Help Group (SHG) program as a part of its microfinance initiatives.
ICICI Bank Towers, Bandra-Kurla Complex
Girish Chandra Chaturvedi
Additional Independent Non-Executive Part-Time Chairman of the Board
Chief Executive Officer, Managing Director, Executive Director
Group Executive and Chief Financial Officer
Compliance Officer, Company Secretary
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India's ICICI Bank, the country's second largest private lender, reported a near trebling of its quarterly profit on Saturday, helped by a rise in retail loans and improving asset quality.
India's second-largest private-lender, ICICI Bank, reported a 28% fall in net profit in the quarter ended Sept. 30 due to a one-time charge related to deferred taxes.
ICICI Bank Ltd <ICBK.NS>, India's second-largest private lender, reported a quarterly profit on Saturday compared with a loss a year earlier, helped by lower provisions and higher retail loan growth.
ICICI Bank Ltd, India's second-largest private lender, reported a quarterly profit on Saturday compared with a loss a year earlier, helped by lower provisions and higher retail loan growth.
ICICI Bank reported a 5 percent drop in fourth-quarter profit on Monday, missing estimates after being hit by a rise in expenses and a higher accumulation of bad loans.
ICICI Bank Ltd reported on Monday a 5 percent drop in its fourth-quarter profit, dented by higher expenses.
India's financial crime fighting agency said on Friday it was conducting searches on properties of former ICICI Bank CEO Chanda Kochhar and a top executive of Videocon group, amid probes into suspected conflict of interest and misconduct.
* Kochhar said "utterly disappointed" by ICICI decision (Adds details from board report, comments, background)
ICICI Bank Ltd said on Wednesday it would treat former Chief Executive Chanda Kochhar's exit from the bank as a "termination for cause" after an enquiry report ruled that she had violated internal bank policies.
ICICI Bank reported a 2.7 percent fall in third-quarter net profit on Wednesday, missing analysts' estimates by a wide margin, as it set aside higher provisions.
* Case also filed against Kochhar's husband and Videocon executive
India's ICICI Bank reported on Friday a bigger than expected 56 percent decline in second-quarter net profit, as expenses increased, but the lender's bad loan ratio improved.
ICICI Bank, reported on Friday a 55.8 percent fall in second-quarter net profit, which missed analysts' estimates, as expenses climbed.
ICICI Bank Ltd <ICBK.NS> chief Chanda Kochhar, who has been mired in controversy for months, resigned on Thursday after seeking an early retirement and will be replaced by Sandeep Bakhshi, the Indian private lender said.
ICICI Bank Ltd said on Thursday it has appointed Sandeep Bakhshi as Chief Executive Officer to replace Chanda Kochhar, who has requested early retirement from the bank.
Indian shares closed lower on Friday after four straight sessions of gains, as investors took a breather following a record-setting spree.
Indian shares ended at record closing highs on Thursday, driven by strong gains in financial stocks such as ICICI Bank Ltd and Axis Bank Ltd.
* Long-serving CEO Kochhar on leave over alleged nepotism charges (Adds more details, Bank of Baroda results)
ICICI Bank Ltd, India's third-largest lender by assets, reported a surprise first-quarter net loss on Friday on higher provisions for bad loans and treasury losses.
Indian shares ended lower on Monday, as a dip in oil prices hurt energy stocks such as Reliance Industries Ltd, while ICICI Bank Ltd fell on reports that the bank has hired a law firm to look into allegations of irregularities in some loan accounts.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.