IBN News and Press, ICICI Bank Limited From 03/17/23

2023-03-17 07:40:23 ET Summary Lone Pine Capital’s 13F portfolio value decreased marginally from $10.61B to $10.48B this quarter. They added Advanced Micro Devices and Moderna while dropping Autodesk, PayPal Holdings, Meta Platforms, and EQT Corp. They also increased Micros...

Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron New Asia Fund gained 6.60% during the final quarter of 2022. We enter 2023 facing an elevated risk of ear...

Summary If you believe in continued downward pressures on oil prices like me, exposure to oil-import nations such as India via ETFs such as WisdomTree India Earnings ETF seem promising. A slowing global economy is a headwind for EPI's export revenues, however. EPI benefits from dome...

Summary ADRE’s portfolio has ADRs of large-cap companies from the financial sector in India and South Korea, ICT sector in India/Taiwan, and from technology focused consumer discretionary businesses in China. Core portfolio of ADRE had a satisfactory performance during the past t...

Summary ICICI Bank's recent December 2022 Analyst Day presentation sends a clear message that it has made substantial headway in the area of digital transformation. But IBN seemed to have neglected new branch additions in recent years with its focus on digitalization, and it needs to in...

Summary Lone Pine Capital’s 13F portfolio value remained almost steady at $10.61B this quarter. They increased PayPal and added Autodesk and TransDigm Group while dropping Alphabet, Atlassian, and ServiceNow. The top three positions are Workday, Amazon, and PayPal. They add u...

Summary ICICI Bank achieved an excellent +23% YoY growth in loans for Q2 FY 2023, and this didn't come at the expense of asset quality. IBN's net interest margin expanded by +0.31 percentage points QoQ to 4.3% in the recent quarter, but a higher cost of deposits will be a drag in ...

Shares of ICICI Bank Limited (NYSE:IBN) traded today at $22.77, eclipsing its 52-week high. So far today approximately 900,000 shares have been exchanged, as compared to an average 30-day volume of 7 million shares. ICICI Bank Limited (NYSE:IBN) is currently priced 12.2% above its averag...

RBC and ICICI Bank Canada collaborate to create a seamless banking experience for newcomers to Canada Canada NewsWire Collaboration agreement to focus on building banking solutions that simplify the financial transition for newcomers from the time they choose Canad...

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron New Asia Fund declined 7.89% (Institutional Shares) during the second quarter of 2022. The only surprise to us ...