ICICI Bank News

Mumbai, May 30 : Tata Modors declined by 11.80 per cent to Rs 243.75, leading the top losers in the 30-scrip index on the Bombay Stock Exchange today.

U.S. private equity firm Apollo Global Management and ICICI Venture , the private equity arm of No.2 Indian lender ICICI Bank , are close to raising $350 million to invest in distressed assets in India, two sources with direct knowledge of the matter told Reuters .

GLOBAL MARKETS * The near-month derivative contract for India's NSE index at Singapore Exchange rose 0.1 percent, while MSCI Asia ex-Japan edged up 0.5 percent.

Mumbai: Tracking improvement in the Asian markets, shares in India Monday notched up significant gains with the benchmark Sensex rising nearly 200 points to close at 16,416.84, its highest in over two weeks, leaving a positive rub-off for the rupee.

MUMBAI: India's main index rose 1.7 percent on Thursday, its biggest percentage gain in nearly two months, after a steep hike in petrol prices boosted oil stocks such as ONGC by kindling hopes of similar hikes in other fuels such as diesel.

New Delhi, May 23 : Indian telecom major Bharti Airtel and private sector bank ICICI Bank have been included in the 'BrandZ list' of the top 100 most-valuable global brands of 2012 by research firm Millward Brown.

An unidentified gang decamped with over Rs 8.7 lakh from an ATM of ICICI Bank in the heart of Gamharia in the small hours of Wednesday, close on the heels of another burglary from a Govindpur ATM last week.

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WMI's 'ICICI Lombard General Insurance Company Limited: Company Profile and SWOT Analysis' report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format.

Mumbai: Global credit ratings firm Moody's Monday downgraded the country's three largest private sector lenders -- ICICI Bank, HDFC Bank and Axis Bank -- to D+ from C- to align them with the sovereign rating.

The recent investment in the oil and gas giant ONGC and in number of state-run banks has cost the country's largest financial institution Life Insurance Corporation its higher rating today from the global rating agency Moody's, which downgraded it from Baa3 to Baa2, but with a stable outlook.

Mumbai: Persistent selling pressure in view of rising inflation and contraction in industrial production data pulled Sensex down by hefty 538 points to a near 4-month low of 16,298.98 in spite of fair amendments made by the Finance Minister in finance bill, mainly regarding GAAR.

U.S. investors often stereotype the Indian economy as a cluster of gigantic technology outsourcing companies.

Mumbai: The country's largest private sector bank, ICICI Bank on Wednesday hiked interest rates on foreign currency deposits by non residents by up to 1.75 percent.

Mumbai: Following its larger peers, the state-run Bank of India today announced reduction in its home loan rates by up to 0.75 percent as well as a 0.25 percent drop in the base rate to 10.50 percent.

Mumbai, May 3: The share price of banking stocks fell sharply Thursday, a day after the Reserve Bank of India announced guidelines for implementing Basel III norms that mandate lenders to keep aside a higher percentage of capital that may hit their profits.

Jobs Commodities Automobiles Insurance Real Estate Travel & Tourism Health & Pharma Lifestyle Media Power Telecom Infotech Retail Infrastructure Editor's Picks Mumbai: Public sector banks - Andhra Bank, Canara Bank, Bank of India and Oriental Bank of India on Monday re-aligned their base rates by trimming them by 25 basis points to 10.50 per cent ... (more)

MUMBAI: India's main index rose to an almost 1-1/2 week high on Monday, led by gains in software services exporters as valuations were seen more attractive after recent falls and on hopes for more monetary easing in the key US market.