Edition:
United States

ICICI Bank Ltd (ICBK.BO)

ICBK.BO on Bombay Stock Exchange

301.50INR
22 Jun 2018
Change (% chg)

Rs3.95 (+1.33%)
Prev Close
Rs297.55
Open
Rs298.10
Day's High
Rs302.70
Day's Low
Rs295.50
Volume
788,342
Avg. Vol
1,510,785
52-wk High
Rs365.65
52-wk Low
Rs256.00

Latest Key Developments (Source: Significant Developments)

ICICI Bank Says Has Not Received Any Communication From SFIO In Videocon Case
Wednesday, 4 Apr 2018 09:30am EDT 

April 4 (Reuters) - ICICI Bank ::ICICI BANK LTD CLARIFIES ON NEWS ITEM THAT SAID SFIO AWAITS MINISTRY NOD TO INVESTIGATE ICICI-VIDEOCON CASE.SAYS BANK HAS NOT RECEIVED ANY COMMUNICATION FROM SFIO IN THE MATTER.  Full Article

India's Enforcement Directorate Starts Probe In ICICI Bank-Videocon Matter - CNBC TV-18, Citing Sources
Tuesday, 3 Apr 2018 08:30am EDT 

April 3 (Reuters) - :INDIA'S ENFORCEMENT DIRECTORATE STARTS PROBE IN ICICI BANK-VIDEOCON MATTER - CNBC TV-18, CITING SOURCES.ED LOOKING AT POSSIBLE FEMA VIOLATIONS IN TRANSACTIONS BETWEEN NUPOWER AND VIDEOCON - CNBC TV-18, CITING SOURCES.INDIA'S ENFORCEMENT DIRECTORATE WILL SEEK DOCUMENTS FROM NUPOWER ON TRANSACTIONS WITH VIDEOCON - CNBC TV-18, CITING SOURCES.  Full Article

ICICI Bank Says Not Got Communication From ED On Enquiry Into Loan To Videocon Group
Monday, 2 Apr 2018 05:16am EDT 

April 2 (Reuters) - ICICI Bank Ltd ::CLARIFIES ON NEWS ITEM THAT SAID ED INITIATES ENQUIRY INTO ICICI-VIDEOCON LOAN CASE.SAYS CONFIRMS CO NOT GOT COMMUNICATION FROM ENFORCEMENT DIRECTORATE RELATING TO ENQUIRY INTO LOAN TO VIDEOCON GROUP.  Full Article

ICICI Bank Says Has Full Confidence, Reposes Full Faith In MD, CEO Kochhar
Wednesday, 28 Mar 2018 08:52am EDT 

March 28 (Reuters) - Icici Bank Ltd ::REVIEWS BANK'S INTERNAL PROCESS FOR CREDIT APPROVAL.SAYS NO INDIVIDUAL EMPLOYEE, WHATEVER MAY BE HIS OR HER POSITION, HAS THE ABILITY TO INFLUENCE CREDIT DECISION AT THE BANK.BANK'S SHARE OF BANKING SECTOR'S EXPOSURE TO VIDEOCON GROUP WAS LESS THAN 10 PERCENT.WAS NOT LEAD BANK TO CONSORTIUM TO VIDEOCON; BANK ONLY SANCTIONED ITS SHARE OF FACILITIES OF ABOUT 32.50 BILLION RUPEES.SAYS "THERE IS NO QUESTION OF ANY QUID PRO QUO/NEPOTISM/CONFLICT OF INTEREST AS IS BEING ALLEGED IN VARIOUS RUMOURS".NONE OF THE INVESTORS OF NUPOWER RENEWABLES ARE BORROWERS OF BANK.SAYS "BOARD HAS FULL CONFIDENCE AND REPOSES FULL FAITH IN BANK'S MD&CEO CHANDA KOCHHAR".  Full Article

ICICI Securities sets price range for IPO
Wednesday, 14 Mar 2018 10:31am EDT 

March 14 (Reuters) - :ICICI SECURITIES IPO PRICE BAND SET AT 519 RUPEES TO 520 RUPEES PER SHARE.  Full Article

ICICI Bank spokesperson says co working with capital lenders to Gitanjali Group
Tuesday, 27 Feb 2018 09:14am EST 

Feb 27 (Reuters) - ICICI Bank spokesperson::says co is working capital lenders to Gitanjali Group along with other banks in consortium.says co's exposure to Gitanjali Group is not largest among lenders in consortium; co has no exposure to Nirav Modi Group.  Full Article

India's ICICI Bank Dec Qtr Net Profit Down About 32 Pct
Wednesday, 31 Jan 2018 06:06am EST 

Jan 31 (Reuters) - India's ICICI Bank Ltd ::DEC QUARTER NET PROFIT 16.50 BILLION RUPEES .CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 19.54 BILLION RUPEES.DEC QUARTER INTEREST EARNED 136.65 BILLION RUPEES VERSUS 136.18 BILLION RUPEES YEAR AGO.DEC QUARTER PROVISIONS AND CONTINGENCIES 35.70 BILLION RUPEES VERSUS 27.13 BILLION RUPEES YEAR AGO.DEC QUARTER GROSS NPA 7.82 PERCENT VERSUS 7.87 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 4.20 PERCENT VERSUS 4.43 PERCENT PREVIOUS QUARTER.SAYS DOMESTIC NET INTEREST MARGIN WAS MAINTAINED ABOVE 3.5 PERCENT IN Q3-2018.ICICI BANK SAYS NET LOANS TO COS WHOSE FACILITIES HAVE BEEN RESTRUCTURED WERE 18.15 BILLION RUPEES AT DEC 31, 2017 VERSUS 20.29 BILLION RUPEES AT SEPT 30, 2017.THE PROFIT ALERT WAS FIRST SOURCED FROM NSE AND LATER CONFIRMED FROM A RELEASE ON THE NSE.  Full Article

India's ICICI Securities Files For IPO
Friday, 15 Dec 2017 07:04am EST 

Dec 15 (Reuters) - :INDIA'S ICICI SECURITIES LIMITED FILES FOR IPO.ICICI SECURITIES - PLAN PUBLIC OFFER OF UP TO 64428280 EQUITY SHARES.ICICI SECURITIES - ICICI BANK TO SELL 64428280 SHARES IN IPO.ICICI SECURITIES - BOFA MERRILL LYNCH, CITI, CITIC CLSA, EDELWEISS, IIFL, SBI CAPITAL MARKETS TO MANAGE IPO.  Full Article

India's ICICI Bank approves part stake ‍sale in IPO of ICICI Securities
Tuesday, 7 Nov 2017 02:14am EST 

Nov 7 (Reuters) - ICICI Bank Ltd :Approves ‍sale of part of its shareholding in ICICI Securities Ltd in an IPO by co​.  Full Article

ICICI Bank exec says co awaits RBI final report on supervision exercise
Friday, 27 Oct 2017 07:01am EDT 

Oct 27 (Reuters) - ICICI Bank Ltd managing director and CEO Chanda Kochhar speaking on conference call::​"Drilled down" list of below investment grade company exposure at 195.9 billion rupees.Still awaits final report from RBI on any potential divergence.Will disclose in Q3 if any divergence found.Has 104.76 billion rupees fund-based exposure, 13.8 billion rupees non-fund based exposure to 18 cos in second RBI list of potential bankruptcy cases.98.7 percent of the loans to the companies in RBI second list already classified as NPAs.  Full Article