ICICI Bank beats estimates with record April-June net profit – Times of India

[ad_1] MUMBAI: ICICI Bank beat first-quarter expectations on Saturday as higher interest income and loan growth helped deliver a record net profit for India’s second-largest private lender. Net profit rose 39.7% to Rs 96.48 billion ($1.18 billion) for the April-June quarter, beating the Rs 91.8 billion expected by analysts Refinitiv IBES data showed.Net interest income … Read more

ICICI Bank Q1 Results: PAT Jumps 39.7% YoY To Rs 9,648 Crore, NII Up 38% – News18

[ad_1] ICICI Bank on Saturday, July 22, reported a 39.7 per cent year-on-year (YoY) jump in its net profit to Rs 9,648 crore in the first quarter ended June 2023 (Q1 FY24). Its net interest income (NII) during April-June 2023 surged 38 per cent to Rs 18,227 crore, compared with Rs 13,210 crore in the … Read more

Icici Bank: Life-time highs: Why Sensex, Nifty are creating new records – Times of India

[ad_1] NEW DELHI: Both Indian indices continued their upward journey on Monday, with the BSE Sensex closing above the historic 65,000 level for the first time ever.The BSE Sensex, rallying for the fourth consecutive session, soared by 486.49 points or 0.75% to achieve a new all-time closing high of 65,205.05. Intraday, it reached a peak … Read more

Stocks to Watch: TCS, ICICI Bank, BPCL, Adani Total, ONGC, Zomato, and Others – News18

[ad_1] Stocks To Watch On June 30: The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 19,191, up 105 points or 0.55% from the previous close. TCS: Tata Consultancy Services (TCS) has banned six employees and six business associate firms for violating ethical conduct … Read more

‘Ex-ICICI Bank CEO Kochhar got Rs 64 crore illegal gratification’ | India News – Times of India

[ad_1] MUMBAI: Former ICICI Bank CEO Chanda Kochhar accepted “illegal gratification” of Rs 64 crore other than legal remuneration as a motive or reward and also “misappropriated the bank’s funds for her own use”, submitted the prosecution on Monday, urging the special CBI court to take cognisance of the chargesheet against Kochhar, her husband Deepak … Read more

Markets retreat from record highs; Sensex falls 216 points – Times of India

[ad_1] MUMBAI: Equity benchmarks Sensex and Nifty pared early gains to close lower on Monday as investors offloaded telecom, power and utility stocks amid a bearish trend in global markets and profit booking.Intense selling in private bank counters like ICICI Bank and Kotak Bank also dragged the indices down, brokers said.After hitting its lifetime high … Read more

Markets open higher ahead of US Fed chief Powell’s speech – Times of India

[ad_1] Equity benchmark indices climbed in early trade on Monday, extending their previous day’s rally, amid fresh foreign fund inflows.The 30-share BSE Sensex climbed 190.11 points to 63,574.69 in early trade. The NSE Nifty advanced 55.45 points to 18,881.45.From the Sensex pack, Bajaj Finserv, Titan, Bajaj Finance, Larsen & Toubro, Nestle, Power Grid, Tata Consultancy … Read more

Mcap of 6 of top-10 most valued firms climbs over Rs 1.13 lakh crore; Reliance biggest winner – Times of India

[ad_1] NEW DELHI: Six of the top-10 most valued domestic firms together added Rs 1,13,703.82 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in an overall bullish trend in the equity market.Last week, the BSE benchmark jumped 758.95 points or 1.21 per cent. The 30-share BSE index zoomed 466.95 … Read more

Markets rebound in early trade on firm global equities, foreign fund inflows – Times of India

[ad_1] MUMBAI: Equity benchmark indices rebounded in early trade on Friday amid positive global market trends and foreign fund inflows.The 30-share BSE Sensex jumped 280.62 points to 63,198.25 in early trade. The NSE Nifty climbed 82.8 points to 18,770.90.From the Sensex pack, UltraTech Cement, State Bank of India, Nestle, ICICI Bank and Reliance Industries were … Read more