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A bird flies past the facade of the ICICI bank head office in Mumbai. | Photo Credit: REUTERS Private sector lender ICICI Bank on April 27 said its March 2024 quarter consolidated net grew 18.5% to ₹11,672 crore. It had reported a net profit of ₹9,853 crore in the year-ago period. On a standalone basis,…
Read More “ICICI Bank reports 18.5% growth in Q4 net profit at ₹11,672 crore” »
The Mumbai-based lender had posted a net profit of ₹7,558 crore in the year-ago period. | Photo Credit: REUTERS Private sector lender ICICI Bank on Saturday reported a 36% rise in standalone net profit to ₹10,261 crore for the September 2023 quarter, aided by an improvement in interest income. The Mumbai-based lender had posted a…
Read More “ICICI Bank Q2 net profit jumps 36% to ₹10,261 crore” »
Bengaluru: The Reserve Bank of India (RBI) on Tuesday said that it has imposed a penalty of Rs 12 crore 19 lakh on ICICI Bank for violating rules related to the code of conduct for the bank’s directors and for fraud reporting. The RBI’s inspection reports showed ICICI Bank had sanctioned or committed loans to…
Read More “RBI Fines ICICI Bank, Kotak Mahindra Bank For Failing To Report Fraud” »
Reliance Industries remained the country’s most valued firm. File | Photo Credit: REUTERS The combined market valuation of six of the top 10 valued firms jumped ₹70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers,…
Read More “Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer” »
RBI has approved the reappointment of Sandeep Bakhshi as CEO of ICICI Bank. (File) New Delhi: Private sector ICICI Bank on Monday said the RBI has approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of the private lender for three years. The reappointment of Sandeep Bakhshi will be effective from October 4,…
Read More “RBI Approves Reappointment Of Sandeep Bakhshi As ICICI Bank’s CEO For 3 Years” »
A view of the ICICI bank head office in Mumbai. File | Photo Credit: Reuters Private lender ICICI Bank on July 22 reported a 40% rise in standalone net profit to ₹9,648 crore for the June 2023 quarter, helped by a decline in bad loans and an improvement in interest income. The Mumbai-based private sector…
Read More “ICICI Bank reports 40% rise in standalone net profit to ₹9,648 crore” »