5 stories mentioning NSE:ICICIBANK
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ICICI Bank (NSE:ICICIBANK, BOM:532174) allotted over 1.2 million equity shares with a face value of 2 rupees each on June 5, under the ICICI Bank Employees Stock Unit Scheme-2022, according to a same-day filing on Indian bourses.Shares of the were up nearly 1% in after-market hours.
Icodex Publishing Solutions (BOM:544483) has received its board's approval to avail credit facilities worth 108 million Indian rupees from ICICI Bank (NSE:ICICIBANK, BOM:532174), according to a BSE filing on Wednesday.The loan will be used for the company's working capital, general corporate purposes, and capital expenditure.
ICICI Bank (NSE:ICICIBANK, BOM:532174) has an average rating of buy and mean price target of 1,670.80 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
ICICI Bank's (NSE:ICICIBANK, BOM:532174) fiscal fourth quarter profits after tax grew by 8.5% on-year to $1.4 billion, while total advances, or loans, grew 15.8% on-year in the same period, the financial house reported on Saturday.Bank ICICI reported that it extended loans heavily to the business side of its loan portfolio in the fiscal fourth period and year, ended March 31.While the bank's retail loan portfolio grew by 9.5% on-year in the fourth period, the ICICI business-loan portfolio grew by 24.4%on-year, reported ICICI.Meanwhile, total ICICI Bank deposits increased by 11.4% on-year to $189.2 billion, at the end of the fiscal fourth quarter.The bank operation is well-capitalized, said ICICI.The bank's total capital adequacy ratio at the end of the fourth period was 17.18% and the common equity tier 1 (CET1) ratiowas 16.35%, which was above the regulatory requirements of 11.70% and 8.20% respectively, advised ICICI.Based on the financial results, the ICICI board recommended a dividend equivalent to $ 0.25 per ADS (American Depositary Share)..Established in 1955, ICICI Bank is part of the ICICI Group. It was established by the World Bank, the Government of India, and industry representatives to foster industrial development.ICICI is one of India's largest financial houses, and is regarded as one of three domestic "systemically important banks" by the central bank Reserve Bank of India (RBI). The other two such banks are HDFC Bank (NSE:HDFCBANK, BOM:500180, HDB) and the State Bank of India (NSE:SBIN, BOM:500112).ICICI shares on Monday closed up 0.9%.
ICICI Bank's (NSE:ICICIBANK, BOM:532174) consolidated net profit rose to 147.55 billion Indian rupees in the fiscal fourth quarter ended March 31, from 135.02 billion rupees a year ago.Earnings per share climbed to 20.36 rupees from 18.84 rupees a year earlier, the bank said in a filing to the Indian bourses on Saturday. The EPS was higher than the 18.83 rupees estimated by analysts polled by Visible Alpha.Interest earned by the lender in fiscal Q4 increased to 495.9 billion rupees from 483.9 billion rupees a year ago.The bank's board recommended a dividend of 12 rupees per equity share of face value of 2 rupees each for the financial year ended March 31.