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ICICI Bank News

News on ICICI Bank (Ticker: IBN) continually updated from thousands of sources around the net.

Friday May 10 | I-Newswire.com

Mr. PH Ravikumar Takes Charge as the Managing Director

Mr. PH Ravikumar has assumed charge of Money Matters Financial Services Ltd., a leading non banking finance company as the Managing Director.

Comment?

Related Topix: Financial Services, World News, India,

Tue May 07, 2013

The Washington Post

Emerging Stocks Rise to Eight-Week High as India to Russia Rally

Emerging stocks rose to an eight-week high, led by financial and energy companies, as foreign inflows boosted Indian shares and banks led Russia's Micex Index higher.

Comment?

Related Topix: Financial Markets, Financial Services, Mutual Funds, Personal Finance, RiskMetrics, MSCI, New York

India.com

Sensex Reclaims 19,800 After 3 Months; Nifty Hovering Above 6K

Zee Media Bureau Mumbai: The S&P BSE benchmark Sensex reclaimed 19,800 level by rallying over 179 points in mid -session trade Tuesday on persistent buying mainly in banking, healthcare, capital goods, realty and power sectors.

Comment?

Related Topix: Financial Services

Mon May 06, 2013

MarketNewsVideo

Monday's ETF Movers: EMFT, SIL

In trading on Monday, the SPDR MSCI Emerging Market 50 Fund is outperforming other ETFs, up about 3.4% on the day.

Comment?

Related Topix: Financial Services, Semiconductors, Taiwan Semiconductor Manufacturing Company, Video, Business News

Sun May 05, 2013

The Telegraph

Cell banking adherents rise

Mumbai, May 5: Consumers are getting increasingly emboldened to carry out financial transactions on their mobiles as their confidence in the security architecture of banks' mobile applications grows.

Comment?

Related Topix: Financial Services

Fri May 03, 2013

Newkerala.com

ICICI Electronic Lounge opens in IIT Kanpur

Kanpur, May 3 : ICICI Bank Ltd, India's largest private sector bank, on Friday inaugurated a 24 x 7 Electronic Lounge in Kanpur to provide simple, effortless and convenient banking to customers round-the-clock. The Electronic Lounge, which is set up at Indian Institute of Technology , Kanpur, is not just the first one in the city, but also the ... (more)

Comment?

Related Topix: Financial Services

India.com

Sensex Down 160 Points

Mumbai: The BSE benchmark Sensex on Friday slumped by 160 points to close at 19,575.64 points on profit selling in rate-sensitive stocks led by ICICI Bank and Tata Motors, as RBI adopted a "hawkish" stance in its monetary policy 2013-14 overshadowing its 0.25 percent cut in repo rate.

Comment?

Related Topix: Financial Markets, Financial Services, Automakers, Tata Motors, HDFC Bank

India.com

Bankers Rule Out Slashing Lending Rates Post 0.25% Repo Cut

Mumbai: Bankers on Friday virtually ruled out slashing their lending rates, saying the 0.25 percent cut in repo rate by the Reserve Bank does not help them bring down their cost of funds, which is too high at present.

Comment?

Related Topix: Financial Services, State Bank of India, Banking, HDFC Bank

Thu May 02, 2013

Forbes.com

SPDR S&P Emerging Asia Pacific Etf Experiences Big Outflow

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the SPDR S&P Emerging Asia Pacific ETF where we have detected an approximate $15.7 million dollar outflow - that's a 3.2% decrease week over week .

Comment?

Related Topix: Infosys Technologies, Software, Financial Services, Financial Markets

Express India

RBI has room for policy rate cut: ICICI Bank's Chanda Kochhar

A day ahead of RBI's annual monetary policy announcement, ICICI Bank CEO and Managing Director Chanda Kochhar today said there is headroom for RBI to cut interest rates as inflation is trending downward.

Comment?

Related Topix: Financial Services

Wed May 01, 2013

Lafferty

Retail lending boosts ICICI profits

ICICI, India's largest private bank by assets, posted a 29 percent increase in standalone profit for the year ending 31 March 2013, after the bank ramped up retail lending.

Comment?

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

Sun Apr 28, 2013

India.com

Sensex Up 50 Points

Mumbai: The BSE benchmark Sensex Monday rose over 50 points in early trade, after Maruti Suzuki and ICICI Bank posted encouraging fourth quarter earnings.

Comment?

Related Topix: Financial Services, Financial Markets

Bloomberg

India's Rate Cuts Blunted Adds Reserve-Ratio Pressure

The Reserve Bank of India faces pressure to cut lenders' reserve requirements as banks struggle to woo deposits and resist passing on interest-rate reductions.

Comment?

Related Topix: State Bank of India, Banking, Financial Services

India.com

Top Seven Cos Add Rs 41,007 Cr To Market Cap; CIL, HDFC Shine

Mumbai: The combined market capitalisation of seven most valued companies of the country surged by over Rs 41,000 crore last week, with Coal India and HDFC emerging as the biggest gainers among the top-10 entities.

Comment?

Related Topix: Financial Services, HDFC Bank

Sat Apr 27, 2013

Times of Oman

Rupee drops on speculation

Mumbai: India's rupee completed its first weekly loss in three on speculation importers stepped up dollar buying to pay month-end bills.

Comment?

Related Topix: Financial Services

Fri Apr 26, 2013

Times of Oman

Indian stocks end lower

Mumbai: Indian stocks fell for the first time in five days as some investors judged recent gains that drove the benchmark index to a six-week high as excessive.

Comment?

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

India.com

Sensex Falls 120 Points

Mumbai: Snapping a four-day rally, the BSE benchmark Sensex on Friday fell from six-week high by losing 120 points dragged down by RIL, ICICI Bank and TCS amid a weak global trend.

Comment?

Related Topix: Financial Services

Express India

ICICI Bank Q4 net profit soars 21%, meets forecasts

India's No.2 lender, ICICI Bank Ltd, posted a 21 percent rise in fourth-quarter net profit, in line with estimates, led by higher loan growth, it said on Friday.

Comment?

Related Topix: Financial Services

Tue Apr 23, 2013

Daily Times

Sensex closes at one-month high

MUMBAI: The BSE Sensex rose for a second straight day on Monday to its highest close in a month led by gains in rate-sensitive stocks such as HDFC Bank , pricing in at least a 25 basis point rate cut in the upcoming policy on May 3. The Reserve Bank of India is likely to cut interest rates next week for a third time this year, drawing comfort from ... (more)

Comment?

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

Sun Apr 21, 2013

India.com

Top 7 Cos Add Rs 80,056 Cr In M-Cap

Mumbai: The combined market value of seven of the top-10 companies rose by Rs 80,056 crore last week, with major contribution coming in from ONGC and ITC.

Comment?

Related Topix: Financial Services, HDFC Bank

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