|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||365.55 - 375.30|
|52 Week Range||256.50 - 375.30|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||30.90|
|Forward Dividend & Yield||1.50 (0.42%)|
|1y Target Est||389.61|
As contagion from worries over global growth and trade friction pushes Asian equity, bond and currency markets deeper into bear territory, fund managers are hunting for bargains in Chinese and Indian equities and high-yielding Asian dollar bonds. A cocktail of negative factors has driven MSCI's broadest index of Asia-Pacific shares outside Japan down 15.5 percent so far this year. Currencies from emerging markets whose economies are vulnerable on the current account have come under pressure.
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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.
Let’s talk about the popular ICICI Bank Limited (NSE:ICICIBANK). The company’s shares saw a decent share price growth in the teens level on the NSEI over the last few months. Read More...
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.
(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.
As a large-cap stock with market capitalization of ₹1.88t, ICICI Bank Limited (NSE:ICICIBANK) falls into the category of a major bank. As these large financial institutions revert back to healthRead More...
Chanda Kochhar, the chief executive officer of India’s second-biggest lender, has left the building, and her new deputy should waste no time in letting stakeholders know who the real boss is: It’s him. Investors and commentators like me have been hoping since early April that ICICI Bank Ltd.’s board would remove the CEO to save the lender’s reputation. ICICI’s directors, however, had painted themselves into a corner by a premature defense of their CEO, who was feted just months ago as one of India’s top female bankers and a role model.
Chanda Kochhar, chief executive officer of ICICI Bank Ltd. will be going on leave as a panel appointed by the lender probes allegations against her. Bloomberg's Anto Antony reports on "Bloomberg Markets: ...
India's ICICI Bank named group veteran Sandeep Bakhshi as its interim head, and said Chief Executive Chanda Kochhar would go on leave pending the completion of a probe over an alleged conflict of interest that has led to months of controversy for the lender. Bakhshi, who currently heads ICICI's life insurance arm, will take up a newly created position of chief operating officer at the bank for a five-year term beginning June 19, pending regulatory approvals, the bank said in a statement late on Monday.
One of India’s most celebrated bankers, Chanda Kochhar, has been in the eye of the storm in the last few months. Kochhar, the managing director and chief executive officer (CEO) of ICICI Bank, the country’s second-largest private sector lender, has faced allegations of nepotism and favouritism in loan disbursal to NuPower Renewables, a firm founded…
The board of ICICI Bank Ltd. is meeting Monday to decide on the future of Chief Executive Officer Chanda Kochhar, said people familiar with the matter.
Two of India’s most celebrated woman bankers have been in hot water for the last three months. Shikha Sharma, CEO of Axis Bank, the country’s third-largest private lender, stepped down reportedly following a strong signal from the Reserve Bank of India (RBI) that it was unhappy over rising bad loans and falling profits. The firm…
Since ICICI Bank Limited (NSEI:ICICIBANK) released its earnings in March 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 32.92% in the upcoming yearRead More...
Post-GFC recovery has driven major financial institutions’ return to health, increasing market confidence in these “too-big-to-fail” banks. As a large-cap stock with market capitalization of ₹1.84T, ICICI Bank Limited (NSEI:ICICIBANK)Read More...
ICICI, India's third-biggest lender by assets, said http://bit.ly/2sjkAQN the probe, headed by an independent person, would examine allegations that the chief executive did not adhere to provisions relating to the bank's code of conduct and whether her actions involved "conflict of interest". The bank is battling allegations that Kochhar allegedly favoured Videocon Group in its lending practices.