|Bid||11.07 x 1300|
|Ask||11.19 x 3100|
|Day's Range||11.06 - 11.28|
|52 Week Range||7.61 - 11.49|
|Beta (3Y Monthly)||0.63|
|PE Ratio (TTM)||31.84|
|Forward Dividend & Yield||0.04 (0.39%)|
|1y Target Est||12.85|
Rise in expenses hurts ICICI Bank's (IBN) fiscal Q3 results. Nonetheless, improving credit quality, and increase in loans and deposits result in bullish investor sentiments.
ICICI said on Wednesday its profit dropped in the third quarter, but the country's third-largest private sector lender by market value posted a fall in its gross bad loan ratio. If we strip this out, then like-to-like there is a compression in net interest margin. Investors were also heartened by the bank's move to distance itself from tainted former chief executive Chanda Kochhar.
(Reuters) - ICICI Bank (ICBK.NS)(IBN.N) reported a 2.7 percent fall in third-quarter net profit on Wednesday, missing analysts' estimates by a wide margin, due to tax expenses and higher provisions. Net ...
Royal Bank of Scotland's (RBS) move to get hold of a banking license will allow the company to freely trade across the bloc, post Brexit.
Before we spend days researching a stock idea we’d like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 8.7% through October 26th. Forty percent of the S&P 500 constituents were down more than 10%. The average return of a randomly picked stock […]
The election results so far show the ruling BJP (Bharatiya Janata Party) trailing in two states and facing a nail-biting battle in another state. While Indian equity markets (INDA) started the day on a weak note, they closed with gains today. In another development, the Indian government appointed a new head of the central bank (IBN) (HDB) after the existing governor abruptly resigned.
In this article, we’ll see how analysts are rating the leading Indian banks. ICICI Bank (IBN) has received “strong buy” ratings from 19 analysts, while 22 have “buy” ratings on its stock. Two analysts have rated the stock as a “hold” or some equivalent, while the remaining analyst polled by Thomson Reuters on December 7 has rated IBN as a “strong sell.”
India (INDA) ranks among the world’s major oil importers. The country runs a big crude oil import bill, which, coupled with its massive trade deficit with China (FXI), has been a consistent drag on its current account.
The election results for five Indian states are scheduled to be released on December 11. Three of these states were among the key contributors to Prime Minister Narendra Modi’s victory in the 2014 general election.
ICICI Bank (IBN) reports lower profits in second-quarter fiscal 2019 due to fall in provisions and higher interest income.
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India's third-largest bank by assets said net profit came in at 9.09 billion rupees ($124 million) for the three months ended Sept. 30, compared with 20.58 billion rupees a year earlier. Analysts had forecast a second-quarter profit of 9.98 billion rupees, according to Refinitiv data. ICICI said second-quarter profit was partly hit by a 10.6 percent rise in operating expenses to 43.24 billion rupees.
MUMBAI/BENGALURU (Reuters) - ICICI Bank Ltd 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. Kochhar is the third high-profile woman banker in India to step down in recent months, following Arundhati Bhattacharya who retired from the State Bank of India a year ago and Shikha Sharma who is set to exit after almost ten years atop Axis Bank in December.
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to begin learning about how toRead More...
Investors in ICICI Bank (IBN) need to pay close attention to the stock based on moves in the options market lately.
ICICI Bank Limited filed its annual report in Form 20-F for the year ended March 31, 2018 on July 31, 2018, as required by United States securities regulations.
(Reuters) - Indian shares climbed to record closing highs on Monday, led by strong gains in heavyweights Reliance Industries Ltd and ICICI Bank Ltd, while investor focus turned to a central bank policy ...
BENGALURU/NEW DELHI (Reuters) - ICICI Bank Ltd, the third-biggest Indian lender by assets, reported its first quarterly net loss in at least 16 years, hurt by higher provisions for bad loans and bond losses. The results come amid uncertainty about the bank's long-serving Chief Executive Chanda Kochhar, who is on leave pending the completion of a probe into alleged nepotism charges against her. While more than 86 percent of India's $150 billion worth of non-performing loans at the end of March was with the dominant state-backed lenders, ICICI accounts for the biggest chunk of bad loans among the private sector banks.