Tag Archives: ICICI Bank

The Reserve Bank of India may have room to cut policy rates amid weak urban consumption and uncertain global demand, according to a report by ICICI Bank.These trends, combined with easing inflation, could prompt the Monetary Policy Committee (MPC) to consider lowering the benchmark interest rate by 25 basis points as early as August. The report said that with the …

NEW DELHI: Eight of the top-10 highest-valued firms experienced a collective decline of Rs 1,65,501.49 crore in market valuation last week, with HDFC Bank experiencing the most significant decrease, aligning with the downward trend in domestic equities. The BSE benchmark declined by 1,070.39 points or 1.30 per cent during this period.Whilst TCS and Infosys showed positive growth in market valuations, …

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting April 28, 2025) are ICICI Bank and 360 One WAM. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) ICICI Bank 1405 1600 14% 360One WAM 972 1200 23% ICICI BankICICI Bank reported …

ICICI Bank board has recommended a dividend of Rs 11 per share for the financial year 2024-25, following a robust financial performance in the fourth quarter. The bank’s board recommended the dividend after reporting a strong 18% year-on-year growth in standalone net profit, which rose to Rs 12,630 crore for the January-March quarter, compared to Rs 10,708 crore in the …

HDFC and ICICI Bank to announce Q4 results today HDFC Bank and ICICI Bank, two of India’s largest private sector lenders, are set to announce their financial results for the fourth quarter of FY2024-25 on Saturday, according to BSE calendar. As of March 31, 2025, HDFC Bank’s period-end advances stood at Rs 27.73 lakh crore, up 7.7 per cent year-on-year …

Banking stocks stole the spotlight on Tuesday as the broader markets continued their winning streak, driven by a mix of interest rate cuts and improved investor sentiment.IndusInd Bank was the standout performer, soaring 6.84% on the BSE. Other private sector lenders followed suit, Axis Bank jumped 4.18%, HDFC Bank rose 3.23%, and ICICI Bank gained 2.86%.Public sector banks also saw …

NEW DELHI: The combined market capitalisation of nine of India’s top-10 most-valued companies rose by Rs 3,06,243.74 crore last week, driven by a strong rally in equities. ICICI Bank and Bharti Airtel recorded the highest gains.The surge followed an upbeat week in the stock markets, with the BSE Sensex climbing 3,076.6 points (4.16 percent) and the NSE Nifty advancing 953.2 …

MUMBAI: ICICI Bank reported a 14.8% year-on-year rise in profit after tax to Rs 11,792 crore for quarter ended Dec 31, 2024, compared to Rs 10,272 crore in Q3-2024. Sequentially, profit increased 1.8% from Rs 11,585 crore in Q2-2025. The growth was driven by higher net interest income and fee earnings, supported by a 15.1% increase in loans led by …

NEW DELHI: ICICI Bank on Saturday reported 15 per cent rise in standalone net profit at Rs 11,792 crore for the third quarter ended December 2024. The second-largest private sector lender had earned a net profit of Rs 10,272 crore in the same quarter a year ago. Total income increased to Rs 48,368 crore from Rs 42,792 crore in the …