Icici Bank Q3

On a standalone basis, ICICI Bank recorded a 25 per cent rise in post-tax profit at Rs 6,194 crore for quarter, up from Rs 4,939.59 crore of last year

ICICI Bank Limited reported a 19 per cent growth in net profit to Rs 4,940 crore for the October-December quarter in the current financial year, as compared to Rs 4,146 crore in the year-ago period. The private sector lender reported growth in domestic and retail loans amid strong credit demand in the third quarter. ICICI Bank posted a net profit o...

Yes Bank's loss of mom-and-pop deposits in September was manageable in the end, though it pointed to a risk for the lender whose peers HDFC Bank Ltd. and ICICI Bank Ltd. drew more savings from customers during that period

The bank made Rs 2083.20 crore in provisions and contingencies, compared to Rs 4,244 crore in the year-ago quarter, which amounts to a decline of 51 per cent over. The recoveries, upgrades and other deletions, excluding writeoffs, stood at Rs 4,088 crore for the quarter, the bank said.

Larsen & Toubro, Infosys, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Axis Bank were among the top movers in the Sensex.

Shares in ICICI Bank closed 6.2 per cent higher at Rs368.40 apiece on the NSE.

ICICI Bank Ltd, India's second biggest lender by assets, said its third-quarter net profit fell 19 per cent as bad loans rose.

Yes Bank brought some cheer to the Dalal Street on a day when banking stocks came under heavy selling as ICICI Bank reported sharp rise in bad loans.

ICICI Bank shares slumped over 5 per cent on Friday after India's biggest private sector lender by assets reported a sharp rise in bad loans. The slump in ICICI Bank shares impacted sentiments across banking stocks. The Nifty Bank, sub-index of banking stocks, traded 1.2 per cent lower as compared to 0.4 per cent rise in the broader Nifty.

ICICI Bank Ltd, India's biggest private sector lender by assets, saw its bad loans surge in the December quarter on a central bank order to reclassify some troubled loan accounts, and predicted sour assets will rise further this quarter.

Private banks have mere $2.6 billion headroom left for FIIs (largely led by ICICI Bank and Kotak Mahindra). PSU banks, however, are not that well held and have headroom worth $5.6 billion led by SBI, BoI and Canara Bank, he said.

The bank's advances rose 17 per cent to Rs 3.5 lakh crore compared to 13 per cent increase posted by its rival ICICI Bank.

The sharp run up in shares sent Axis Bank's valuations higher. An analyst with a top brokerage said Axis Bank traded at a 15 per cent premium to ICICI Bank's valuation, which has never happened before.

Net non-performing loans of ICICI Bank as a percentage of net advances increased to 1.27 per cent, from 1.09 per cent in the second quarter.

Hindustan Unilever shares slumped after the consumer goods maker reported a 3 per cent rise in volume growth during the December quarter. Analysts had estimated volumes to grow by 6 per cent year-on-year. HUL ended 5 per cent lower at Rs 893.70 and was the top Nifty loser.

On a standalone basis, ICICI Bank recorded a 25 per cent rise in post-tax profit at Rs 6,194 crore for quarter, up from Rs 4,939.59 crore of last year

ICICI Bank Limited reported a 19 per cent growth in net profit to Rs 4,940 crore for the October-December quarter in the current financial year, as compared to Rs 4,146 crore in the year-ago period. The private sector lender reported growth in domestic and retail loans amid strong credit demand in the third quarter. ICICI Bank posted a net profit o...

Yes Bank's loss of mom-and-pop deposits in September was manageable in the end, though it pointed to a risk for the lender whose peers HDFC Bank Ltd. and ICICI Bank Ltd. drew more savings from customers during that period

The bank made Rs 2083.20 crore in provisions and contingencies, compared to Rs 4,244 crore in the year-ago quarter, which amounts to a decline of 51 per cent over. The recoveries, upgrades and other deletions, excluding writeoffs, stood at Rs 4,088 crore for the quarter, the bank said.

Larsen & Toubro, Infosys, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Axis Bank were among the top movers in the Sensex.

Shares in ICICI Bank closed 6.2 per cent higher at Rs368.40 apiece on the NSE.

ICICI Bank Ltd, India's second biggest lender by assets, said its third-quarter net profit fell 19 per cent as bad loans rose.

Yes Bank brought some cheer to the Dalal Street on a day when banking stocks came under heavy selling as ICICI Bank reported sharp rise in bad loans.

ICICI Bank shares slumped over 5 per cent on Friday after India's biggest private sector lender by assets reported a sharp rise in bad loans. The slump in ICICI Bank shares impacted sentiments across banking stocks. The Nifty Bank, sub-index of banking stocks, traded 1.2 per cent lower as compared to 0.4 per cent rise in the broader Nifty.

ICICI Bank Ltd, India's biggest private sector lender by assets, saw its bad loans surge in the December quarter on a central bank order to reclassify some troubled loan accounts, and predicted sour assets will rise further this quarter.

Private banks have mere $2.6 billion headroom left for FIIs (largely led by ICICI Bank and Kotak Mahindra). PSU banks, however, are not that well held and have headroom worth $5.6 billion led by SBI, BoI and Canara Bank, he said.

The bank's advances rose 17 per cent to Rs 3.5 lakh crore compared to 13 per cent increase posted by its rival ICICI Bank.

The sharp run up in shares sent Axis Bank's valuations higher. An analyst with a top brokerage said Axis Bank traded at a 15 per cent premium to ICICI Bank's valuation, which has never happened before.

Net non-performing loans of ICICI Bank as a percentage of net advances increased to 1.27 per cent, from 1.09 per cent in the second quarter.

Hindustan Unilever shares slumped after the consumer goods maker reported a 3 per cent rise in volume growth during the December quarter. Analysts had estimated volumes to grow by 6 per cent year-on-year. HUL ended 5 per cent lower at Rs 893.70 and was the top Nifty loser.