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ICICI Bank News

News on ICICI Bank continually updated from thousands of sources around the net.

16 hrs ago | Business Standard

Party continues for consumer durables firms

Cheer return of finance schemes. The party has not ended for consumer durables manufacturers, who recorded a 20-30 per cent growth during the festival period this year.

Comment?

Related Topix: Financial Services

Sat Nov 14, 2009

The Hindu

ICICI new branch

ICICI Bank opened a new branch at Gajuwaka here on Friday. Located in the ground floor of Sesha Arcade, Old Gajuwaka Junction, it was inaugurated by the Commissioner of GVMC B. Sridhar.

Comment?

Related Topix: Financial Services

Fri Nov 13, 2009

Newindpress

ICICI Bank meeting bond investors'

A man leaves an automated teller machine facility of ICICI bank in Kochi August 6, 2009.

Comment?

Related Topix: Financial Services, Credit Suisse Asset Mnagement Income Fund

Thu Nov 12, 2009

Newindpress

Sensex drops 0.9%; banks, Tata Steel fall

MUMBAI: The BSE Sensex shed 0.9 percent on Thursday as investors locked in profits in stocks such as State Bank of India and ICICI Bank that had rallied this month.

Comment?

Related Topix: World News, India, Financial Markets, Financial Services

Wed Nov 11, 2009

Mydigitalfc.com

Bad loans rise at ICICI Bank

She said she could not project a specific number of NPAs for the next quarter because that would be a oea forward looking statement, and I dona t want to do that.a ICICI's gross bad debts had risen to 4.7 percent of advances during the September quarter from 4.2 percent in the June quarter.

Comment?

Related Topix: Financial Services

Tue Nov 10, 2009

Express India

ICICI, Temasek mull exit from Firstsource

This comes more than a year after their first failed attempt to offload their investments.

Comment?

Related Topix: Financial Services, India, World News, Outsourcing

Mon Nov 09, 2009

Business Standard

India Eco Summit: ICICI to reduce stake in Firstsource

ICICI Bank today said it would reduce its stake in BPO company Firstsource in a phased manner, even as there are reports of appointment of a merchant banker for exiting from the outsourcing company.

Comment?

Related Topix: Financial Services, Outsourcing

Sun Nov 08, 2009

Business Standard

Provisioning issues

While there has been an improvement in the core business for ICICI Bank and SBI, concerns over higher provisioning coverage haven't faded The broader indices were in the correction mode in the recent past, but the new RBI provisioning stipulations ensured that banking stocks suffered more.

Comment?

Related Topix: Financial Services

Fri Nov 06, 2009

Business Standard

PSU stocks gain as Sensex logs first weekly gain in three weeks

The BSE Sensex climbed 0.6 per cent on Friday, posting its first weekly rise in the past three weeks, with banks leading the rebound as investors picked bargains after last month's fall.

Comment?

Related Topix: Financial Markets, Financial Services

Thu Nov 05, 2009

New Delhi News.Net

World Economic Forum to mark 25 years of ties with India

The World Economic Forum will hold its three-day India Economic Summit here from Sunday, with Prime Minister Manmohan Singh as the key speaker, to mark 25 years of active engagement between the Davos-based organisation and India.

Comment?

Related Topix: World News, India, Asia, Manmohan Singh, Beverages, PepsiCo, Consulting, Accenture, Financial Services

Wed Nov 04, 2009

Hindustan Times

a Rates are a factor of cost of fundsa

Having completed six months as the head of Indiaa s second largest bank, Chanda Kochhar, MD and CEO, ICICI Bank, spoke to Hindustan Times about her tenure and the challenges ahead for the banking sector.

Comment?

Related Topix: Financial Services

Mon Nov 02, 2009

WEBSPHERE Journal

Critical Alerts for IBM, Hess, Kohl's, ICICI Bank, and Eldorado Gold...

Seven Summits Research issues PriceWatch Alerts for IBM, HES, KSS, IBN, and EGO.

Comment?

Related Topix: IBM, Banking, Mining, Financial Services, Retail, Kohls

Hindustan Times

a India, China to drive worlda

High-growth economies such as India and China, which have been able to manage the effects of the recession, will play major roles during the recovery period.

Comment?

Related Topix: Deutsche Bank AG, Financial Services, Banking

Sat Oct 31, 2009

Mydigitalfc.com

Home, car loans to drive ICICI's growth: Kochhar

"In these specific sectors, we are expecting double digit growth, though overall credit expansion was likely to be in single digit," she said, adding, the increase in loan portfolio should be seen in the backdrop of bank's decision to reduce unsecured loans.

Comment?

Related Topix: Financial Services

Fri Oct 30, 2009

Express India

Corporate Notes

As per latest shareholding information of ICICI Bank for quarter ended September, stakeholding of Temasek Holdings, through its affiliate Allamanda Investments Pte Ltd, has lowered to 5.76% from 7.61% in the quarter ended June.

Comment?

Related Topix: Financial Services

Wed Oct 28, 2009

Business Standard

Stocks end on a subdued note, amid volatile trading

Market breadth negative, ICICI and HDFC Bank fall 3 per cent. Dalal Street closed marginally lower at the end of a volatile day of trade.

Comment?

Related Topix: Financial Services, HDFC Bank

Tue Oct 27, 2009

Business Standard

Singapore government, Temasek pare stake in ICICI

The Singapore government and its investment arm, Temasek Holdings, have been gradually reducing stake in ICICI Bank, their one of their biggest investments in India, by selling shares in the secondary market.

Comment?

Related Topix: Financial Services

Mon Oct 26, 2009

PR-inside.com

SADIF Analytics releases new summary due diligence report for ICICI Bank Limited

Ilhavo, Portugal a ' 22/10/2009 a ' SADIF Investment Analytics, announces a new summary due diligence report covering ICICI Bank Limited .

Comment?

Related Topix: Banking, Financial Services

Sat Oct 24, 2009

Express India

SBI raises $750 m as dollar bond sale a big hit

Bloomberg Posted: Thursday, Oct 22, 2009 at 2311 hrs IST Updated: Thursday, Oct 22, 2009 at 2311 hrs IST : State Bank of India Ltd raised $750 million from the country's first so-called benchmark dollar bond sale in almost three years after receiving investor bids for more than $5 billion of notes.

Comment?

Related Topix: Banking, Financial Services, World News, India, Ubs Ag, Financial Markets

Thu Oct 22, 2009

Business Standard

Govt asks IDBI to review mortgage arm sale decision

The finance ministry has asked public sector lender IDBI Bank to explore other options before finalising plans to sell its mortgage finance arm, IDBI Home Finance .

Comment?

Related Topix: Home, Mortgage, Personal Finance, Financial Services

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