icici bank
ICICI Financial institution’s revenue after tax grew 17.4 per cent on 12 months and 4.2 per cent on quarter to ₹10,708 crore in This autumn FY24 on the again of robust mortgage progress and managed asset high quality. Complete advances elevated 16.2 per cent y-o-y and a couple of.7 per cent q-o-q to ₹11.8-lakh crore, of which home loans … Read more
Shareholders of ICICI Securities have, on March 27, authorised the proposal for the corporate’s merger with father or mother ICICI Financial institution. Nevertheless, a majority of retail shareholders voted in opposition to the proposal. The outcome confirmed that 71.89 per cent of shareholders voted for the delisting. Whereas 83.8 per cent of institutional buyers voted … Read more
The mixed market valuation of seven of the top-10 most valued companies climbed ₹71,301.34 crore within the holiday-shortened final week, with Bharti Airtel rising because the lead gainer. In a record-breaking rally final week, the BSE benchmark climbed 374.04 factors or 0.50 per cent. Additionally learn: Mcap of seven of top-10 most valued companies climb … Read more
Practically ₹6-lakh crore of extra liquidity has virtually dried in about six months. Benchmark charge or repo has risen from 4 per cent till Might 4, 2022, has risen to five.9 per cent, a stage final seen in 2018. There could also be one other 50–75 foundation factors (bps) hike to abdomen, going by the … Read more
Former Cupboard Secretary Pradeep Kumar Sinha will take over as Non-Government Half-time Chairman of ICICI Financial institution after G. C. Chaturvedi’s time period ends on June 30, 2024. Additionally learn:ICICI Financial institution surpasses HDFC Financial institution’s valuations after Q3 present Within the run-up to the aforementioned appointment, the Financial institution’s Board (at its assembly held from February … Read more
After over a decade, ICICI Financial institution’s inventory appears to be charting its method again on the league tables from a valuations standpoint. Buying and selling at about 2.3x one-year ahead worth to e-book worth, the core or standalone asking worth of ICICI Financial institution appears to have overtaken HDFC Financial institution (2x FY25 price-to-book) … Read more
FY23 was an unexpectedly good yr for banks. Whether or not when it comes to development, asset high quality or profitability, it was undoubtedly among the finest performances throughout classes in over a decade. Mockingly, although, the inventory costs of banks aren’t reflecting evenly this nice present. The positives are maybe baked into the valuations, … Read more
House Portfolio Day buying and selling information Up to date – November 16, 2023 at 06:03 AM. Listed here are the intraday helps and resistances for broadly traded shares comparable to Reliance Industries, ITC, ONGC, Infosys, HDFC Financial institution, TCS and SBI Share Copy hyperlink E-mail Fb Twitter Telegram LinkedIn WhatsApp Reddit READ LATER Day … Read more
It’s a rising tribe inside the banking trade with two preliminary public choices simply this yr and there could also be extra to return in 2024. But there’s a cloud of doubt on this section. The living proof is Small Finance Banks (SFBs). Most of the time, critiques are fast to dismiss the mannequin as … Read more
[ad_1] NEW DELHI: Domestic equity markets remained under pressure on Wednesday, marking the fourth straight session of weakness. Selling in index heavyweights dragged the indices lower. Despite the recovery in the global markets, Indian equities were under severe pressure. Domestic stocks eroded Rs 28 lakh crore worth of investor wealth in just one month. Here’s … Read more