Tag: ICICI Bank
- 22 Sep
Market Update for September 22, 2023
IdeaForge Tech up 3.4% on order RVNL up 3% on highway MoU JSW Steel up 0.4% on sale ICICI Lombard down 1.6% on CEO exit ICICI Bank down 1% on healthcare investment NHPC up 1.3% on extended additional charge Kalyani Forge up 3.2% on new MD IRB Infra up 2.5% on road project closure
- 12 Sep
ICICIBC Annual Report Shows Progress Towards Sustainable Growth
ICICIBC's Annual Report shows that the bank is making progress towards sustainable growth, with strong contingency buffers, robust underwriting and risk-monitoring mechanisms, and a healthy balance sheet. The bank's retail franchise strengthened with 23% YoY growth (18% YoY growth in home loans), and it sustained robust traction in liabilities. It maintains one of the highest proportions of Retail deposits, with a strong CASA mix. Overall, the report is positive and shows that ICICIBC is well-positioned for sustainable growth.