ICICI Bank Ltd Share Price (ICICIBANK)

ICICI Bank Ltd Recommended for Portfolio Addition - 18 Apr, 2024

Sanjiv Bhasin recommends adding ICICI Bank to the portfolio as it is leading among largecap banks and expected to have a best-ever quarter with sweet spot CASA ratio, NIMs, and declining NPAs. The bank is seeing the best-ever credit offtake.

ICICI Bank Announces NEFT and RTGS Transaction Limits - 17 Apr, 2024

ICICI Bank has announced transaction limits for NEFT and RTGS transactions, with a minimum of Rs 1 and maximum of Rs 10 lakh or Rs 1 crore (based on customer segment) for NEFT, and a minimum of Rs 2 lakh and maximum of Rs 10 lakh or Rs 1 crore (based on customer segment) for RTGS.

ICICI Bank Faces Objection to Merger Plan - 15 Apr, 2024

ICICI Bank faces objections from Quantum Mutual Fund over its plan to merge with ICICI Securities. The bank's shares dip amid geopolitical tensions and high US inflation.

ICICI Bank Faces Opposition to Delisting Plan for ICICI Securities - 13 Apr, 2024

Quantum Mutual Fund has written a letter to ICICI Bank and SEBI objecting to the bank's plan to delist its subsidiary ICICI Securities. The fund alleges that the scheme of arrangement is non-compliant with regulations and against minority shareholders' interests.

SBI and ICICI Bank to act as intermediaries for European banks - 11 Apr, 2024

State Bank of India and ICICI Bank are expected to serve as local intermediaries for European banks seeking a plan for third-party clearing after a meeting between top Reserve Bank of India officials and certain European banks.

ICICI Bank Stock Predicted to Rise by Analysts - 10 Apr, 2024

ICICI Bank's stock is predicted to rise by analysts, with HDFC Securities recommending buying the stock with a target price of Rs. 1,180. Prabhudas Lilladher also has a buy call on the bank with a target price of Rs. 1,300. The bank has added around 2.65% in the last month.

ICICI Bank Stock Sees Positive Analyst Recommendations and Record High Contribution - 09 Apr, 2024

ICICI Bank sees positive recommendations from analysts including Motilal Oswal Securities and Sharekhan, as well as contributing to the S&P BSE Sensex hitting a record high of 75,000.

ICICI Bank Receives Positive Analyst Ratings and Provides Debt Facility to Tata Steel - 08 Apr, 2024

ICICI Bank receives positive analyst ratings with 49 buy calls and delivers steady loan growth. The bank also provides a debt facility worth Rs 2,675 crore to Tata Steel.

ICICI Bank Outperforms Axis Bank in Key Metrics - 05 Apr, 2024

According to a report by Motilal Oswal, ICICI Bank has consistently outperformed Axis Bank in crucial financial metrics such as return on assets and capitalization level. The report forecasts a healthy growth trajectory for ICICI Bank with a projected CAGR of 18% for its loan book over FY24-26E. Motilal Oswal expresses a preference for ICICI Bank citing its steady return ratios and superior growth potential.

ICICI Bank's Capitalisation Level Remains Strong Amid Insolvency Plea Against Jaiprakash Associates - 04 Apr, 2024

ICICI Bank's strong capitalisation level and expected sustainable earnings growth are positive indicators for investors. However, the bank's involvement in an insolvency and bankruptcy plea against Jaiprakash Associates may impact its reputation.

ICICI Bank Warns Customers Against Online Fraud Trick - 03 Apr, 2024

ICICI Bank has issued a warning to its customers about a new online fraud trick that involves scammers sending emails or messages with bad files or links. Clicking on these links could result in the installation of malicious software, leading to potential hacking and financial loss.

SEBI Chairperson Madhabi Puri Buch's Professional Journey at ICICI Bank - 02 Apr, 2024

Madhabi Puri Buch, the current SEBI chairperson, started her professional journey as a finance analyst at ICICI Bank in 1989. She held various positions and became the Executive Director. She also served as CEO of ICICI Securities from 2009 to 2011.

ICICI Bank Announces Credit Card Changes and Provisions Against AIF Exposure - 01 Apr, 2024

ICICI Bank has set aside Rs 627 crore against AIF exposure in the December quarter and announced new credit card benefits, including one complimentary airport lounge access.

ICICI Bank's Delisting Bid Cleared; To Merge With ICICI Securities - 29 Mar, 2024

ICICI Bank's delisting bid for ICICI Securities has been cleared by public shareholders, paving the way for the merger of the two entities. The move is seen as a course correction as the listing did not yield any material benefit to the parent bank. ICICI Bank is also reimagining banking under CEO Sandeep Bakhshi, trimming growth rates, and adjusting the asset or loan mix based on the emerging funding profile.

ICICI Bank Faces Backlash Over ICICI Securities Delisting Proposal - 28 Mar, 2024

ICICI Bank is under fire for allegedly coaxing minority shareholders of ICICI Securities to support the private lender's proposal to delist the broking and investment banking arm. Meanwhile, Citigroup maintains a buy rating on ICICI Bank with a target price of Rs 1322.

ICICI Bank Faces Criticism Over Delisting Proposal - 27 Mar, 2024

ICICI Bank faces criticism over alleged attempts to sway minority shareholders into voting for the delisting of ICICI Securities. HSBC and Nomura maintain ratings on ICICI Bank with targets ranging from Rs 825 to Rs 1750. Quantum Mutual Fund votes against ICICI Bank's proposal. The bank also changed rules for airport lounge access.

ICICI Bank Plans Merger with ICICI Securities - 26 Mar, 2024

ICICI Bank is looking to merge its 75% subsidiary ICICI Securities with itself, despite opposition from some shareholders. The bank also seeks to delist ICICI Securities due to attractive valuations.

ICICI Bank Receives Approval for Delisting and Merger Proposal - 24 Mar, 2024

ICICI Bank receives approval from Norway's Norges Bank Investment Management for the delisting and merger of its brokerage business. However, Quantum Mutual Fund has voted against the merger, citing losses to its unitholders.

ICICI Bank Wins Bank of the Year Award - 23 Mar, 2024

ICICI Bank was joint winner of the Bank of the Year category at the BT Best Banks Awards for weathering storms in FY23, innovating in products and services, nurturing talent, and leveraging fintech or technology partners to prepare for the future.

ICICI Bank Proposes Delisting ICICI Securities & Merger With Subsidiary Amidst Opposition - 22 Mar, 2024

ICICI Bank plans to delist ICICI Securities and merge with its subsidiary, despite opposition from Quantum Mutual Fund citing losses to its unitholders. The bank also announced Q4 results and dividend announcement on April 27, 2024.