ICICI Bank
Latest news, results and stock-moving updates on ICICI Bank. Tracking 7 stories on Arth Vani.
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Latest on ICICI Bank
Bank Operations Normal: SBI, HDFC, ICICI, Axis Banks Open on August 25 & 26 Amid Holiday Queries
Major Indian banks including SBI, HDFC Bank, ICICI Bank, and Axis Bank were generally operational on Tuesday, August 25, and Wednesday, August 26. These dates were not designated as widespread public holidays for First Onam or Milad-Un Nabi across most regions of India, despite public queries about potential closures.
HDFC, ICICI Bank Raise Dollar Deposit Rates Ahead of Sept 30 Scheme End
HDFC Bank and ICICI Bank have increased interest rates on their dollar-denominated FCNR(B) deposits. This move aims to attract foreign currency as a special scheme for these deposits concludes on September 30, 2022. The rate adjustments are a response to rising global interest rates and increased borrowing costs overseas.
HDFC Bank Leads Credit Card Additions, SBI Cards and ICICI Bank Follow Closely
HDFC Bank added the most new credit cards in India, with 163,000 net additions, closely followed by SBI Cards with 162,000. ICICI Bank and Federal Bank also showed strong growth, indicating continued expansion in the Indian credit card market.
BreakingICICI Bank's $1 Billion Overseas Bond Success May Prompt Other Indian Lenders to Global Markets
ICICI Bank recently raised $1 billion through an overseas bond sale facilitated by GIFT City, attracting strong interest from global investors and securing lower borrowing costs. This success is expected to encourage other Indian banks to tap international debt markets, leveraging the Reserve Bank of India's (RBI) subsidised hedging facility.
TCS and ICICI Bank Lead ₹1.54 Lakh Crore Surge in Top 10 Firms' Valuation
Five of India's top 10 most valued companies added a combined ₹1.54 lakh crore to their market capitalization last week. IT giant TCS emerged as the biggest gainer, while HDFC Bank and Bharti Airtel saw their valuations dip despite a positive week for the broader equity markets.
Private Banks in Focus: Why Select Large-Caps Are Winning Despite Deposit Hurdles
Private sector banks are showing strong credit growth and stable asset quality, making them attractive for retail investors. While competition for deposits remains a challenge, experts suggest focusing on select large-cap lenders for long-term stability.
Top Blue-Chip Stocks Surge ₹1.90 Lakh Crore; ICICI Bank Leads Market Recovery
India's largest companies witnessed a significant valuation boost last week, led by a massive rally in ICICI Bank. Improved global sentiment and supportive central bank measures have helped stabilize the domestic market after a period of volatility.
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