ICICI Bank Ltd. News

NSE: ICICI Bank Industry : Bank - Private

ICICI Bank launches facility to pay customs duty digitally

The customers can make online payments by selecting ICICI Bank from the list of banks on the website of ICEGATE

05 Jan 2022, 15:29 PM

bookmark

ICICI Bank raises Rs 5,000 crore through bonds

The bonds carry a coupon of 6.96% p.a. payable annually and were issued at par

18 Dec 2021, 10:29 AM

bookmark

ICICI Bank on-boards 70 leading corporates on aCorpConnecta

Through aCorpConneta, companies can directly integrate with the Bankas systems

17 Dec 2021, 16:28 PM

bookmark

ICICI Bank declines as RBI levies penalty of Rs 30 lakh

The penalty on ICICI Bank has been imposed for non-compliance with certain directions issued by RBI

16 Dec 2021, 12:20 PM

bookmark

RBI levies penalty of Rs 30 lakh on ICICI Bank

The penalty on ICICI Bank has been imposed for non-compliance with certain directions issued by RBI

16 Dec 2021, 11:04 AM

bookmark

ICICI Bank offers instant overdraft facility to sellers registered on Flipkart

Customers of any bank can avail of ODs from ICICI Bank if they are registered as sellers with Flipkart

07 Dec 2021, 17:43 PM

bookmark

ICICI Bank rises as its arm divests partial stake in Go Fashion

ICICI Venture, through its fourth private equity fund India Advantage Fund Series 4, had invested Rs 100 crore in Go Fashion

01 Dec 2021, 10:54 AM

bookmark

ICICI Bankas arm divests partial stake in Go Fashion

ICICI Venture, through its fourth private equity fund India Advantage Fund Series 4, had invested Rs 100 crore in Go Fashion

01 Dec 2021, 09:34 AM

bookmark

Fitch affirms ICICI Bankas rating at aBB+a with negative outlook

The bank's appetite for risk, even though it is lower than before the pandemic, has weighed on its financial metrics in the past several years

30 Nov 2021, 15:17 PM

bookmark

ICICI Bank raises Rs 3595 crore through bonds

The bonds carry a coupon of 6.67% p.a. payable annually and were issued at par

27 Nov 2021, 11:01 AM

bookmark

ICICI Bank launches online platform aTrade Emergea

The aTrade Emergea portal offers a comprehensive digital suite of various banking and value-added services to the companies engaged in export and import

24 Nov 2021, 15:30 PM

bookmark

ICICI Bank aims to grow market share in Exim Trade transaction

The bank's market share in the Exim trade increased to 7.5% of the overall flows in the September quarter, while it was 6% in FY21

24 Nov 2021, 11:16 AM

bookmark

ICICI Bank renews MoU with Indian Army

As part of the renewed benefits, the Bank is offering an array of insurance benefits to the Army personnel

30 Oct 2021, 11:03 AM

bookmark

ICICI Bank reports 25% rise in Q2 consolidated net profit

Total consolidated income of the bank marginally increased by 0.50% at Rs 39,484.49 crore for Q2FY22

25 Oct 2021, 09:30 AM

bookmark

ICICI Bank seeks EoIs from ARCs for Rs 338 crore exposure to Soma Infrastructure: Report

The asset is being offered on a full-cash basis

20 Oct 2021, 15:18 PM

bookmark

ICICI Bank launches aHome Utsava

Customers of ICICI Bank can enjoy further benefits by availing of the Bankas pre-approved home loan offers

12 Oct 2021, 15:05 PM

bookmark

ICICI Bank executes SOFR linked transactions

The transactions were carried out with a corporate client through the Bankas International offices

08 Oct 2021, 12:31 PM

bookmark

ICICI Bank launches contactless payment service

The service offers improved convenience to over 1.5 crore debit and credit card customers of the Bank as they will no longer need to carry their cards for payments at retail stores.

07 Oct 2021, 14:12 PM

bookmark

ICICI Bank introduces special festive offers for customers

The offers are available from October 1, 2021 onwards on various dates during the upcoming festive season

01 Oct 2021, 17:01 PM

bookmark

Today's price summary

Performance Today

Outperformed Sector by 1%

Moving Averages

ICICI Bank is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages

Falling Investor Participation

Delivery Vol of 29.19 lacs on 14 Jan has fallen by -56.03% against 5-day avg delivery vol

Liquidity

Based on 2% of 5 day average traded Value the stock is liquid enough for trade size of Rs 17.06 cr

Stock DNA

1 Years Returns

STOCK

-51.34

SECTOR

-87.13

SENSEX

-75.05

Industry

Private Banks

MARKET CAP

Rs 5,71,162 Cr

PRICE TO ADJ. BV

3.63

DIVIDEND YIELD

0.24%

Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell

ICICI is one of the significant private lenders in India, with total assets worth Rs 14.76 trillion as of September 30, 2020. The bank has a network of 5,288 branches and 14,040 ATMs across India. ICICI Bank is the largest in terms of consolidated assets. 

ICICI Bank offers a complete range of financial services through a wide variety of delivery channels.

Company background and profile 

The bank was formed in 1955 by the World Bank, the Government of India and industry partners to offer mid and long-term project loans to businesses. Until 1980, ICICI’s primary focus was project financing. In 1990, during the liberalisation of Indian banks, ICICI was converted to a scheduled bank and started operating as a full-fledged bank, offering various financial products and services. ICICI Bank was incorporated in 1994 and became the first Indian company and first bank from non-Japan Asia to be listed in the New York Stock Exchange in 1999. As the Indian market became more open and market-oriented, ICICI capitalised on the opportunity to expand its client and product base.   

In 2001, ICICI Bank merged with its wholly-owned subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited. The amalgamation brought both retail and wholesale financing together to create a single entity.  

Company financials and performance 

  • ICICI Bank reported a 30% hike in its standalone net profit in the quarter ended on September 30, 2021, to Rs 5,511 crore
  •  Net interest income clocked a year-on-year growth of 20% to Rs 11,690 crore in FY22, Q2 
  • Bank’s Net interest margin (NIM) increased by 4% compared to 3.89% in Q2 FY21
  • The net not performing asset of the bank declined 12% in Q2 to Rs 8,161 crore from Rs 9,306 crore on June 30, 2021

Follow ICICI Bank News with Smart Buzz. Create a custom watchlist to receive daily updates on ICICI Bank latest news and ICICI Bank news today on Smart Buzz.