ICICI Bank
1,431.10
-14.70(-1.02%)
Market Cap₹10,21,093.57 Cr
PE Ratio20.22
IndustryBanks
Company Performance:
1D-1.02%
1M-1.34%
6M+11.49%
1Y+18.09%
5Y+293.11%
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More news about ICICI Bank
02Jun 25
ICICI Bank Witnesses Significant Block Trade: 6.82 Lakh Shares Change Hands
A significant block trade of 681,555 ICICI Bank shares occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 97.99 crore, with shares priced at Rs. 1,437.80 each. This large-scale trade indicates substantial investor activity in one of India's leading private sector banks, potentially influencing short-term market dynamics.
29May 25
ICICI Bank Shares: Major Block Trade Worth Rs. 160.09 Crore Executed
A significant block trade of ICICI Bank shares occurred on the National Stock Exchange. 1,104,517 shares were traded at Rs. 1,449.40 per share, totaling Rs. 160.09 crore. This large-scale transaction highlights ongoing interest in one of India's leading private sector banks and may indicate portfolio adjustments by major market players.
28May 25
SAT Directs SEBI to Grant Chanda Kochhar Access to ICICI Bank Documents in Videocon Case
The Securities Appellate Tribunal (SAT) has directed SEBI to grant former ICICI Bank CEO Chanda Kochhar access to crucial documents filed by the bank in the Videocon loans case. This includes show cause notices, replies, and electronic records. SAT emphasized that denying access would violate natural justice principles, as allegations against Kochhar and ICICI Bank stem from the same facts. This ruling could significantly impact Kochhar's defense strategy in the ongoing case investigating alleged irregularities in loans granted to the Videocon Group during her tenure.
21Apr 25
ICICI Bank: Q4 Earnings Showcase Superior Quality Despite Slower Growth
ICICI Bank announced Q4 FY2023 results with net profit rising 18% to ₹126.00 billion. Interest income increased by 11.90% to ₹424.00 billion. Asset quality improved with GNPA ratio decreasing to 1.67% and NNPA ratio to 0.39%. Net Interest Margin rose to 4.40%. Loan growth was softer at 2.10% QoQ due to pricing pressure. The bank recommended a dividend of ₹11.00 per equity share. Analysts have revised price targets upwards, with Jefferies setting the highest at ₹1,710.
20Apr 25
ICICI Bank Reports Strong Q4 FY25 Results: Net Profit Surges 18% YoY
ICICI Bank's Q4 FY25 results show strong performance with Profit After Tax at ₹14,354.00 crore, up 18% YoY. Total revenue reached ₹79,748.00 crore, growing 18.70% YoY. Net Interest Income stood at ₹25,340.00 crore, while non-interest income grew 27.61% to ₹31,361.00 crore. Operating profit was ₹10,830.00 crore. EPS increased by 14.91% to ₹19.11. Systematix maintained a 'Buy' rating and raised the target price following the results announcement.
19Apr 25
ICICI Bank Reports Strong Q4 Results, Announces Stake Sale in NIIT-IFBI
ICICI Bank reported robust Q4 FY2025 results with an 18% increase in net profit to ₹12,630.00 crore. The bank's core operating profit grew by 13.7% year-on-year to ₹17,425.00 crore. Net interest income rose by 11% to ₹21,193.00 crore, while non-interest income grew by 18.4%. Asset quality improved with gross NPA ratio decreasing to 1.67%. The bank also announced the sale of its 18.8% stake in NIIT-IFBI to NIIT Limited, valued between ₹4.70 crore to ₹6.58 crore. A dividend of ₹11.00 per share for FY2025 was recommended.
19Apr 25
ICICI Bank Reports 18% Surge in Q4 Profit, Declares ₹11 Dividend
ICICI Bank's Q4 2025 profit after tax increased 18% year-on-year to ₹12,630 crore. Full-year profit grew 15.5% to ₹47,227 crore. Net Interest Income rose 11% to ₹21,193 crore in Q4. Loan portfolio expanded 13.3% year-on-year, with deposits up 14%. Asset quality improved with gross NPA ratio decreasing to 1.67%. The bank maintains a strong capital position with a total capital adequacy ratio of 16.55%. A dividend of ₹11 per share for FY2025 was recommended.
18Apr 25
ICICI Bank: Q2 FY25 Net Profit Rises 14.5% YoY, NII Up 9.5%; Strategic Divestment Completed
ICICI Bank's Q2FY25 net profit increased by 14.5% year-on-year to ₹11,746.00 crore. Net Interest Income grew 9.5% to ₹20,048.00 crore, while domestic loan growth was 15.7%. The bank's gross NPA ratio improved to 1.97%. Additionally, ICICI Bank completed the sale of its 19% stake in ICICI Merchant Services Private Limited to First Data entities, as part of its portfolio optimization strategy.
18Apr 25
ICICI Bank: Q4 Results, Dividend Announcement, and Stake Sale in ICICI Merchant Services
ICICI Bank has sold its 19% stake in ICICI Merchant Services to First Data, a Fiserv Inc. subsidiary, on April 17, 2023. The company has been renamed Fiserv Merchant Solutions Private Limited. Separately, ICICI Bank will announce its Q4 and FY23 results on April 19, 2023, with the board considering dividend recommendations. The bank also allotted 8,024 equity shares under its employee stock option program.
17Apr 25
Fitch Upgrades ICICI Bank's Viability Rating, Affirms Long-Term IDR
Fitch Ratings has upgraded ICICI Bank's Viability Rating (VR) to 'BB+' from 'BB', while affirming its Long-Term Issuer Default Rating (IDR) at 'BB+'. The upgrade reflects significant improvements in the bank's financial profile and stability. This action enhances ICICI Bank's credibility, potentially lowering borrowing costs and boosting investor confidence. Separately, ICICI Bank allotted 8,024 equity shares under its Employees Stock Unit Scheme-2022.
17Apr 25
ICICI Bank Slashes Savings Account Interest Rates by 25 bps, Following Industry Trend
ICICI Bank has reduced its savings account interest rates by 25 basis points. For balances below Rs 50 lakh, the new rate is 2.75%, while for Rs 50 lakh and above, it's 3.25%. This move follows similar actions by HDFC Bank and Axis Bank, aiming to lower costs and potentially improve Net Interest Margin. The decision is part of a broader trend in the Indian banking sector to optimize cost structures amid challenging economic conditions.
16Apr 25
ICICI Bank: Rs. 69.02 Crore Block Trade Ahead of Q4 Results
ICICI Bank witnessed a block trade of 511,278 shares worth Rs. 69.02 crore on NSE at Rs. 1,349.90 per share. The bank has scheduled its Q4 and FY2025 results announcement for April 19, 2025, with a media conference call at 4:00 p.m. IST and an earnings call with analysts and investors at 5:00 p.m. IST. Dial-in numbers for the earnings call have been provided, and the bank will make audio recordings and transcripts available on its website.
16Apr 25
ICICI Bank Cuts Savings Account Interest Rates, Announces Upcoming Financial Results
ICICI Bank has reduced interest rates on savings accounts by 0.25 percentage points, effective April 16. New rates are 2.75% for balances up to ₹50 lakh and 3.25% for balances exceeding ₹50 lakh. The bank has also scheduled its financial results announcement for the quarter and year ended March 31, 2025, with a media conference call and earnings call with analysts and investors set for April 19, 2025.
15Apr 25
ICICI Bank Shares Surge 3% Ahead of Crucial Board Meeting
ICICI Bank's stock price increased by 3.00% following the announcement of a board meeting scheduled for April 19. The meeting agenda includes considering fundraising through debt instruments, reviewing Q4 FY2024-25 results, and potentially recommending a final dividend. This positive market reaction suggests investor optimism about the bank's financial strategies and future prospects.
11Apr 25
ICICI Bank Board to Weigh Fund Raising and Debt Buyback Options
ICICI Bank has announced a board meeting for April 19, 2025, to discuss fund raising through debt securities and potential debt buyback options. The bank will consider issuing non-convertible debentures in domestic markets and bonds or certificates of deposits in overseas markets. Additionally, the bank recently allotted 545,028 equity shares under its Employees Stock Option Scheme-2000 on April 11, 2025.
21Mar 25
ICICI Bank Set to Attract ₹3,590 Crore Inflow After FTSE Index Weight Upgrade
ICICI Bank has received a weight upgrade in the FTSE All World Index, expected to bring in ₹3,590 crore ($426.90 million) of foreign investment. This upgrade is likely to increase the bank's attractiveness to international investors and could lead to increased demand for its shares. The development is seen as a positive reflection of ICICI Bank's performance and growing importance in the global financial landscape.
06Mar 25
ICICI Bank Shares: Major Block Trade Worth Rs. 183.05 Crores Executed on NSE
A substantial block trade of 1,503,379 ICICI Bank shares was executed on the National Stock Exchange (NSE) at Rs. 1,217.60 per share, totaling Rs. 183.05 crores. This significant transaction highlights continued institutional interest in one of India's leading private sector banks, potentially signaling confidence in the bank's current valuation.
05Mar 25
ICICI Bank Sees Major Block Trade Amidst Recent Investor Meetings
ICICI Bank witnessed a significant block trade on the NSE, involving 1,329,591 shares at ₹1,216.65 per share, totaling ₹161.76 crores. This coincided with two rounds of investor meetings in Mumbai on March 4, 2025, attended by prominent global asset management firms including Pictet, Egerton Capital, M&G Investments, Principal Asset Management, Wellington Management, and Ashmore Investment Management. The bank disclosed these meetings in compliance with SEBI regulations, emphasizing that no unpublished price-sensitive information was shared.
24Feb 25
ICICI Bank Enhances Travel Experience: Times Black Credit Card Partners with Atlys for Seamless Visa Applications
ICICI Bank has announced a partnership between its Times Black Credit Card and Atlys, an AI-driven visa application platform. This collaboration aims to simplify and expedite visa applications for cardholders, offering benefits such as streamlined processes, faster processing times, improved approval rates, and visa fee waivers for select countries. Atlys has processed over 2 million visas for more than 150 countries. The partnership comes amid rising outbound travel from India, positioning the Times Black Credit Card as an attractive option for international travelers.
19Feb 25
ICICI Bank: Block Trade Worth ₹46.71 Crore Executed; Bank to Participate in Global Investors' Conference
ICICI Bank experienced a significant block trade of 371,726 shares valued at ₹46.71 crore on the NSE. The bank also announced its participation in IIFL's 16th Enterprising India Global Investors' Conference scheduled for February 25, 2025, in Mumbai.
19Feb 25
ICICI Bank Shares: Block Trade of 320,283 Shares Executed at Rs. 1,256.15 Each
A significant block trade of ICICI Bank shares occurred on the NSE, involving 320,283 shares at Rs. 1,256.15 per share, totaling Rs. 40.23 crores. Additionally, ICICI Bank announced its participation in IIFL's 16th Enterprising India Global Investors' Conference scheduled for February 25, 2025, in Mumbai.
ICICI Bank
1,431.10
-14.70
(-1.02%)
1 Year Returns:+18.09%
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