ICICI Bank Limited Sponsored ADR (NSE:ICICIBANK) reported Q1 FY27 net profit up 16–26% YoY, buoyed by healthy loan growth, lower credit costs and tight cost control, even as higher deposit costs and narrower NIMs pose headwinds; RBI data also show it collected Rs.353.5 crore in MAB penalties in FY2…
New Delhi, July 29 -- The US-Iran conflict, coupled with the Russia-Ukraine war, has disrupted global peace and supply chains and raised oil and gas prices. This has resulted in serious underperformance in the Indian equity markets.Against this backdrop, fixed deposits (FDs) continue to remain a pr…
ICICI Bank Limited Sponsored ADR (NSE:ICICIBANK) reported Q1 standalone net profit up 15.9% to ₹14,805cr, powered by 12.7% NII growth and 4.36% NIM, with loans and deposits up ~20% and 14% respectively; asset quality stayed strong (GNPA 1.38%, PCR ~76%) though provisions rose to ₹1,260cr.Previous W…
Profit before tax (ex-treasury) rose 20.9% YoY, with strong loan and deposit growth across segments. Asset quality remained robust, NIMs were stable, and capital adequacy was high. Management expects continued growth, with some margin impact possible from FCNR mobilization.Based on ICICI Bank Limit…
Profit before tax (ex-treasury) rose 20.9% YoY, with strong loan and deposit growth across segments. Asset quality remained robust, NIMs stable, and capital ratios high. Management expects continued momentum, with prudent provisioning and focus on risk-calibrated growth.Based on ICICI Bank Limited…
ICICI Bank NYSE:IBN reported higher first-quarter earnings for fiscal 2027, with management citing broad-based loan growth, stable margins, healthy deposit expansion and continued asset-quality discipline.Sandeep Bakhshi, managing director and chief executive officer, said the bank’s strategic focu…
Profit before tax (ex-treasury) rose 20.9% year-over-year, with strong loan and deposit growth across segments. Asset quality remained stable, capital ratios robust, and fee income surged 23.5%. Management expects continued growth and stable margins, with close monitoring of macro risks.Based on IC…
Profit before tax excluding treasury grew 20.9% year-over-year, with core operating profit up 15.6% and profit after tax rising 15.9%. Asset quality remained strong, capital ratios were robust, and loan growth was led by retail and business banking segments.Original document: ICICI Bank Limited [IC…
Profit after tax rose 15.9% year-over-year to ₹14,805 crore, with strong growth in advances and deposits. Asset quality improved, capital adequacy remained robust, and subsidiaries delivered higher profits.Original document: ICICI Bank Limited [ICICIBANK] Interim report — Jul. 18 2026This is an AI…
ICICI Bank Ltd. has signed a Letter of Undertaking with Prudential Corporation Holdings Ltd. to govern certain rights relating to their joint venture, ICICI Prudential Life Insurance Company Ltd., as Prudential moves ahead with its proposed acquisition of a controlling stake in Bharti Life Insuranc…
By Jaspreet KalraThe Indian rupee closed modestly higher on Friday but logged a weekly fall as dollar demand related to merchant flows, arbitrage trades and maturities in the non-deliverable forward market outweighed comfort from a broadly weaker U.S. dollar.The rupee FX_IDC:USDINR declined nearly…
By Dharamraj DhutiaIndia's ICICI Bank NSE:ICICIBANK plans its first dollar bond sale in nearly nine years, joining peers HDFC Bank and Axis Bank in leveraging the central bank's lower-cost hedging facility for foreign-currency issuance, two bankers said on Friday.The lender is expected to raise at…
India's macroeconomic outlook has improved with lower crude oil prices and better monsoon progress, but investors should continue to expect moderate equity returns as global capital remains focused on artificial intelligence (AI)-linked companies, according to S Naren, Executive Director and Chief…
By Vivek Kumar MIndian shares rose in early trade on Thursday as a drop in crude oil prices on U.S.-Iran talks and a rebound in information technology stocks after four sessions of losses aided investor sentiment.The benchmark Nifty 50 NSE:NIFTY rose 0.34% to 24,088.55, while the BSE Sensex BSE:SEN…
What a fascinating churn has gripped the world of Indian private sector banks in the past few years!There was a time when the new private sector banks comprising HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank were the only ones that mattered to investors and the “old” private sector banks…
