Tag: ICICI bank

Rates have bottomed out, RBI may go on a long pause

The year 2021 is promising to be a better one than 2020. But there are challenges that a recovery poses like price pressures and hardening...

Chanda Kochhar told Dhoot to invest in hubby’s co: ED | India News

MUMBAI: Former head of ICICI Bank Chanda Kochhar had in 2009 told Videocon group chairman V N Dhoot, whose loan applications had been pending with...

Home loans beat five-month lull, see double-digit growth between September and October

KOLKATA: Fresh home mortgages surged in India over the past two months, in line with the phased unshackling of the economy, indicating that demand remains...

icici bank share price: ICICI Bank jumps 6% post Q2 results; analysts see up to 66% upside in 12 months

NEW DELHI: Shares of ICICI Bank climbed 6 per cent in Monday’s trade after a host of brokerages raised the targets on the stock following...

ICICI Bank Q2 takeaways: Record profit, prudent provisioning & more

NEW DELHI: A record net profit, an improvement in asset quality, a fall in sequential provisioning, recovery in disbursements to pre-Covid levels, soft NIM and...

ICICI Bank Q2 results: Net profit jumps six-fold to Rs 4,251 crore; NII rises 16% to Rs 9,366 crore

NEW DELHI: ICICI Bank on Saturday reported a six-fold jump in its net profit at Rs 4,251 crore for the September quarter. The private lender...

Five Nifty firms that may clock 100-500% profit growth in Q2

NEW DELHI: The economic recovery since the June quarter– one of the worst in India’s corporate history – would not be enough to drive Nifty50’s...

As interest rates head south, it may be time to shift your savings bank account

For instance, the State Bank of India offers 2.7% on savings accounts and ICICI Bank offers 3% on savings accounts (3.5% on balances more than...

These alternatives can give you better returns than bank fixed deposits

Private sector lender HDFC Bank has joined other big banks in reducing the interest rates on fixed deposits (FDs). Now, its FD rates are similar...

Prateek Agarwal on what he bought and sold between February and August

We have actually bumped up our financial sector exposure mostly on the retail side, in all three places — NBFCs, banks and insurance, says Business...

Home loan rates of public sector banks turn attractive

Starting 1 July 2020, the State Bank of India is offering home loans starting at 6.95%. This will be the second-lowest rate for home loans...

Planning to opt for EMI moratorium extension? Here’s what you need to know

The Reserve Bank of India (RBI) has extended the EMI moratorium period for three months from June to August in order to provide relief to...

Check rules, charges and how to apply

Following the guidelines of Reserve Bank of India, the ICICI Bank has extended moratorium till August 31. This moratorium will be applicable for the principal...

Kotak Mahindra Bank: Prudent lenders like Axis Bank & Kotak Bank should keep some powder dry: SBICap Securities

As the lockdown gets extended, the income shocks are likely to go up as well and will play out in the credit cost, says Krishnan...

Financial stocks outlook: Bajaj Fin, HDFC Bank & ICICI Bank attractive bets from medium to long term perspective: Motilal Oswal AMC

IT stocks will continue to give high single digit returns to long term investors even though in the short term it may remain volatile, says...

Govt issues new guidelines to banks to help 65 lakh pensioners. 10 key points to know

Citing the grievances faced by the pensioners, the Department of Pension and Pensioners’ Welfare has issued a consolidate guidelines to banks for disbursing pensions. This...

Financial sector bets: Pick high quality financial stocks available at attractive valuations: Marcellus Investment Managers

Given the state of economic activity, even the best quality lenders will see an increase in NPAs, says Founder Pramod Gubbi. The last time we...

Axis Bank to acquire 30% of Max Life for ₹1,600 crore

New Delhi: Axis Bank is set to acquire nearly 30% of Max Life Insurance Co. from Max Financial Services Ltd, the flagship listed company of...

View: Erecting a firewall against China will only hurt India

By Swaminathan S Anklesaria Aiyar Panicky restrictions look defensible in the short run and ridiculous in the longer run. This is true of the government...