|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.39 - 8.61|
|52 Week Range||7.58 - 11.26|
|PE Ratio (TTM)||17.34|
|Forward Dividend & Yield||0.07 (0.81%)|
|1y Target Est||13.25|
One of the key aspects of building a solid portfolio is diversification. Numerous studies have shown that including a mix of various investments within a portfolio can yield higher returns over the long run and significantly reduce risk. Through diversification, a portfolio contains securities that are not perfectly correlated. In the past, diversification involved selecting […]
ICICI Bank Limited (IBN) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front
India’s second-largest private lender, ICICI Bank, is battling one of its biggest crises ever. The Central Bureau of Investigation (CBI), the country’s premier investigating agency, is probing allegations of nepotism in a loan granted by the bank. The episode has called into question the role of Chanda Kochhar, the bank’s managing director and CEO and…
The board of India’s ICICI Bank Ltd., which less than two weeks earlier expressed full faith in Chief Executive Officer Chanda Kochhar, is divided over whether to ask her to step down as federal authorities ...
ICICI Bank, India's largest private sector bank by consolidated assets, announced the launch of a service that enables Non Resident Indians (NRIs) to send money to a beneficiary in India using social media like WhatsApp and e-mail. Christened 'Social Pay', this first-of-its-kind service by any Indian bank is available on Money2India (M2I), the bank's app for remittances.
ICICI Bank Enables Non Resident Indians (NRIs) to Send Money Through Social Media on its Money2India App
India’s banking regulator is delaying year-end bonuses to the heads of top private banks as it questions the size of the payouts citing the lenders’ performance issues, said people familiar with the matter....
NEW YORK , April 4, 2018 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ICICI Bank Limited ("ICICI" or the "Company") ...
Shares of ICICI Bank, India's third-largest lender, slumped 7 percent to a five-month low on Monday after reports of authorities probing its lending practices. ICICI Bank's shares ended 5.9 percent lower at 261.85 rupees, recovering slightly after falling to 258.80 rupees, their lowest since late October. Police launched a preliminary inquiry about two months ago into Deepak Kochhar, the husband of ICICI Bank's chief executive Chanda Kochhar, Reuters and other media reported on Saturday.
ICICI Bank Limited (NSEI:ICICIBANK) is trading with a trailing P/E of 17.5x, which is lower than the industry average of 18.5x. While this makes ICICIBANK appear like a great stockRead More...
Indian police have launched a preliminary investigation into the husband of ICICI Bank's (ICBK.NS) chief executive, as well as officials at the lender and at Videocon Group (VEDI.NS), two sources said on Saturday, to assess whether there was any wrongdoing in lending practices. Reports in many Indian media outlets in the past week have alleged that Videocon Group chairman Venugopal Dhoot invested 640 million rupees ($9.83 million) in Nu Power Renewables, a firm owned by Deepak Kochhar, the husband of ICICI Bank CEO Chanda Kochhar, after Videocon secured a loan from a consortium of banks, including ICICI.
The RBI imposed the penalty on ICICI Bank for not complying with directions issued by it on direct sale of securities held under the bank's held-to-maturity (HTM) portfolio and for lack of disclosure about the sale, the central bank said in a statement https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR25938AACA959D1DA45AAA28BC1E1169EF20A.PDF on Thursday. ICICI Bank said it continued to sell bonds from its HTM category for a few weeks during the quarter ended March 2017 due to "genuine misunderstanding" on the timing of the applicability of RBI's direction in the matter.
One of India’s best-known banking executives, Chanda Kochhar, is caught in the midst of a raging controversy involving favouritism over loan disbursement. The managing director and CEO of India’s second-largest private sector lender, ICICI Bank, has come under pressure after a blog containing a whistleblower’s letter came to light. On March 29, The Indian Express…
India's ICICI Bank moved to put to rest rumours that its Chief Executive Chanda Kochhar allegedly favoured Videocon Group in its lending practices, calling the rumours "malicious and unfounded". The bank's board "has come to the conclusion that there is no question of any quid pro quo/nepotism/conflict of interest as is being alleged in various rumours," the third-biggest Indian lender by assets said in a stock exchange filing on Wednesday. ICICI Bank has lent to Videocon, a consumer electronics and oil and gas exploration company, as part of a group of lenders and is not the leader of the group, the bank said.
NEW YORK, March 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Indian brokerage ICICI Securities Ltd will launch an initial public offering next week in a sale that will raise its parent as much as 40.17 billion rupees ($620 million), adding to a busy month for first-time share sales in the country. ICICI Securities, a unit of third-biggest Indian lender ICICI Bank, on Wednesday set a price range of 519-520 rupees per share for the IPO that will take subscriptions from March 22-26. ICICI Bank is selling about 77.2 million shares, or a 24 percent stake, in the arm that also offers investment banking services.
Analyzing ICICI Bank Limited’s (NSEI:ICICIBANK) track record of past performance is a valuable exercise for investors. It enables us to reflect on whether or not the company has met expectations,Read More...
ICICI Bank's (IBN) Q3 earnings indicate a decline in non-interest income, while improving net interest income and strong balance sheet provide some support.
NEW YORK, NY / ACCESSWIRE / January 31, 2018 / ICICI Bank Limited Sponsored ADR (NYSE: IBN ) will be discussing their earnings results in their Q3 Earnings Call to be held on January 31, 2018 at 8:00 AM ...
Icici Bank shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 79 to 87.
Today we’re going to take a look at the well-established ICICI Bank Limited (NSEI:ICICIBANK). The company’s stock saw a significant share price rise of over 20% in the past coupleRead More...
ICICI Bank Limited’s (NSEI:ICICIBANK) announced its latest earnings update in September 2017, which suggested that the business experienced a slight tailwind, eventuating to a single-digit earnings growth of 0.08%. Below,Read More...