ICICI Bank News

Mumbai, Nov 26 : ICICI Bank today slumped by 3.74 per cent to Rupees 865.50, leading the losers in Group A at the end of the session on the Bombay Stock Exchange.

MUMBAI, INDIA: 3i Infotech, today announced the appointment of Parag Patankar as Managing Director & CEO for 3i Infotech BPO.

As global markets come back from their depths, one country that's looking up is India.

Mumbai, Nov. 22: ICICI Bank hopes to collect Rs 1,300 crore monthly in savings accounts by leveraging its network of branches.

As many as five Indian companies, including ICICI Bank and Infosys Technologies, rank among the top 12 companies in the Asia Pacific region for being instrumental in building leadership capability within their organisation.

If there was one lesson for international investors in last year's meltdown, it's this: Foreign capital can flee emerging and developing markets even more quickly than it comes in.

Meanwhile, park spare cash in short-term debt. With the Reserve Bank of India signaling that there could be some rise in interest rates in the coming year, fixed maturity plans of mutual funds are likely to find themselves in focus again.

With about a million customers, ICICI Bank manages close to Rs 50,000 crore in assets.

People walk past the BSE building in this January 2009 MUMBAI: Outsourcer Infosys Technologies and private sector lender HDFC Bank helped the Sensex stretch a winning run into a third day on Tuesday, after the market spent most of the day in negative territory.

Workers pull a hand-cart in front of the Bombay Stock Exchange building in Mumbai in this May 2009 MUMBAI: The BSE Sensex climbed more than a percent on Monday to its highest close in nearly a month, with energy giant Reliance Industries and banks such as State Bank of India and ICICI Bank powering the rise on optimism about the economy.

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.

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.

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

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.

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.

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

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.

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.

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.

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.