IBN News and Press, ICICI Bank Limited From 05/18/21

Stephen Mandel’s Lone Pine Capital in its recent 13F filing indicated total portfolio value of $27.53B spread across 38 holdings.As per data indicated by Gurfocus.com, Lone Pine's nearly half of equity portfolio is invested in the technology sector followed by smaller holdings in the c...

The following slide deck was published by ICICI Bank Limited in conjunction with their 2021 Q4 earnings call. For further details see: ICICI Bank Limited 2021 Q4 - Results - Earnings Call Presentation

iRhythm Technologies (IRTC) -30% after Novitas publishes updated reimbursement rates.Qualigen Therapeutics (QLGN) -18% after it pulls marketing application for COVID-19 test.Gulf Resources (GURE) -11% on correcting and replacing - Q4 & FY2020 financial result...

There were many encouraging measures for IBN in the recent budget. IBN has been able to leverage its digital edge and take market share in a difficult loan growth environment. Asset quality challenges have cropped up, and are poised to worsen in the March quarter. Valuations a...

India is a growth market and has the potential to be one of the fastest-growing big economies in the world. INDY tracks the India Nifty 50 index and should reflect this growth. INDY has outperformed all other ETFs tracking the Indian market. For further details see: Play...

ICICI Bank (IBN): Q3 net profit of ₹49.4B (+19% Y/Y) vs. a consensus of ₹42.7B.Net interest income rose 16% Y/Y to ₹99.12B vs. a consensus of ₹95.1BQ3 net interest margin was 3.67%, compared to 3.57% in the prior quarter and 3.77% a year ago.Total deposit...

The card enables customers to shop online and at merchant outlets across the world on Visa network Allows quick contactless payments at PoS machines across the country ICICI Bank Canada today announced the launch of a debit card. Named, ‘ICICI Bank Canada ...

IBN’s CASA strength is less appealing in a low-rate environment and NIMs will likely remain under pressure. The cost to income ratio has been subdued over the last two quarters, but at current levels, it is not sustainable. IBN will likely see further asset quality stress i...

ICICI Bank (IBN) has approved the sale of up to 7.12M shares, representing up to 2.21% of its issued and paid-up equity share capital, through an offer for sale through stock exchange mechanism,The shares will be issued in accordance with applicable law, towards compliance with the requiremen...

Gainers: Dunxin Financial Holdings (DXF) +17%. Exantas Capital (XAN) +12%. Grupo Financiero Galicia (GGAL) +9%. ICICI Bank (IBN) +9%. Banco Macro (BMA) +9%.Losers: Phoenix Tree Holdings (DNK) -20%. Condor Hospitality Trust (CDOR) -12%. LexinFintech Holdings (LX) -8%. MoneyGram International (...