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ICICI Bank Ltd (ICBK.NS)

ICBK.NS on National Stock Exchange of India

297.95INR
21 Jun 2018
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Latest Key Developments (Source: Significant Developments)

ICICI Bank Denies Having Asked CEO Chanda Kochhar To Go On Leave
Friday, 1 Jun 2018 

June 1 (Reuters) - ICICI Bank Ltd ::SAYS BOARD DENIES HAVING ASKED CHANDA KOCHHAR TO GO ON LEAVE.SAYS BOARD DENIES THAT IT HAS APPOINTED ANY SEARCH COMMITTEE TO FIND CHANDA'S SUCCESSOR.  Full Article

ICICI Bank To Set Up Probe Into Complaint Against CEO
Wednesday, 30 May 2018 

May 30 (Reuters) - ICICI Bank Ltd ::ICICI BANK - TO SET UP PROBE HEADED BY INDEPENDENT PERSON INTO ADDITIONAL WHISLEBLOWER COMPLAINT ALLEGING NON-ADHERENCE OF CODE OF CONDUCT BY MD, CEO.ICICI BANK - SCOPE OF PROBE TO BE COMPREHENSIVE; TO USE FORENSICS/EMAIL REVIEWS, RECORDAL OF STATEMENTS WHEREVER WARRANTED.ICICI BANK - PROBE TO ALSO EXAMINE 'CONFLICT OF INTEREST' COMPLAINT.ICICI BANK-TO SET UP PROBE HEADED BY INDEPENDENT PERSON INTO ADDITIONAL WHISTLEBLOWER COMPLAINT ALLEGING NON-ADHERENCE OF CODE OF CONDUCT BY MD, CEO (FIXES SPELLING OF 'WHISTLEBLOWER').  Full Article

ICICI Bank Says Co Responds To SEBI Queries On Matters Relating To Videocon Group Issue
Friday, 25 May 2018 

May 25 (Reuters) - ICICI Bank Ltd ::GOT NOTICE FROM SEBI REQUIRING RESPONSES ON MATTERS RELATING TO ALLEGED NON-COMPLIANCE WITH CERTAIN PROVISIONS OF LISTING AGREEMENT.NOTICE ISSUED BASED ON INFO PUBLISHED BY BANK/MD & CEO TO QUERIES BY SEBI ON DEALINGS OF CO WITH VIDEOCON GROUP, BETWEEN VIDEOCON AND NUPOWER.  Full Article

ICICI Bank CEO: A Lot of Stressed Loans Recognised Already, Focus On Resolution
Monday, 7 May 2018 

May 7 (Reuters) - ICICI Bank Ltd Chief Executive Chanda Kochhar On Earnings Call::A LOT OF STRESS HAS ALREADY BEEN RECOGNISED.GOING FORWARD FOCUS WILL BE ON RESOLUTION.BOARD WILL MEET ON TUESDAY FOR STRATEGY AND BUDGET PLANNING.BOARD DID NOT DISCUSS VIDEOCON LOAN ISSUE IN MONDAY'S MEETING.TOTAL EXPOSURE TO BORROWERS SENT TO BANKRUPTCY COURT ABOUT 152 BILLION RUPEES, HAVE 50 PERCENT PROVISION COVER ON THOSE LOANS.GOVERNMENT NOMINEE DIRECTOR ON BOARD WAS NOT ABLE TO ATTEND MONDAY'S MEETING.  Full Article

India's ICICI Bank March-Qtr Net Profit Nearly Halves
Monday, 7 May 2018 

May 7 (Reuters) - ICICI Bank Ltd ::MARCH QUARTER NET PROFIT 10.20 BILLION RUPEES VERSUS PROFIT OF 20.25 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 10.77 BILLION RUPEES.MARCH QUARTER INTEREST EARNED 142.64 BILLION RUPEES VERSUS 135.69 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS AND CONTINGENCIES 66.26 BILLION RUPEES VERSUS 28.98 BILLION RUPEES LAST YEAR.SAYS CO RECOMMENDED DIVIDEND OF 1.50 RUPEES PER SHARE.MARCH QUARTER GROSS NPA 8.84 PERCENT VERSUS 7.82 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 4.77 PERCENT VERSUS 4.20 PERCENT PREVIOUS QUARTER.SAYS DOMESTIC NET INTEREST MARGIN WAS 3.67 PERCENT AND THE OVERALL NET INTEREST MARGIN WAS 3.24 PERCENT IN Q4-2018.SAYS RECOVERIES AND UPGRADES FROM NON-PERFORMING LOANS WERE 42.34 BILLION RUPEES IN Q4-2018.BOARD APPROVED SEEKING CONSENT TO INVITE SUBSCRIPTION FOR NCDS OR BONDS ON PRIVATE PLACEMENT BASIS FOR UP TO 250 BILLION RUPEES.SAYS CO'S DRILLDOWN LIST DECREASED FROM 440.65 BILLION RUPEES AT MARCH 31, 2016 TO 47.28 BILLION RUPEES AT MARCH 31, 2018.DURING Q4, MADE PROVISION FOR CERTAIN FRAUD AND NON-PERFORMING CASES BY DEBITING RESERVES AND SURPLUS AMOUNTING TO 199.8 MILLION RUPEES.CLASSIFIED 3 BORROWER ACCOUNTS IN GEMS & JEWELLERY SECTOR WITH FUND-BASED OUTSTANDING OF 7.95 BILLION RUPEES AS FRAUD AND NON PERFORMING.DURING Q4 MADE PROVISION OF 2.89 BILLION RUPEES VIA PROFIT & LOSS ACCOUNT, 5.05 BILLION RUPEES BY DEBITING RESERVES & SURPLUS, AS PERMITTED BY RBI.  Full Article

ICICI Bank Says Co Responded To SEBI On Clarification Of News Reports
Monday, 16 Apr 2018 

April 16 (Reuters) - ICICI Bank Ltd ::SAYS CO RESPONDED TO SEBI on CLARIFICATION OF NEWS REPORTS.  Full Article

India's ICICI Bank Says Has Provided Clarifications To SEBI With Regard To Media Reports
Thursday, 12 Apr 2018 

April 12 (Reuters) - ICICI Bank Ltd ::INDIA'S ICICI BANK SAYS HAS PROVIDED CLARIFICATIONS TO SEBI WITH REGARD TO MEDIA REPORTS.  Full Article

India's SEBI Initiates Probe Into Alleged Corporate Governance Breaches At ICICI Bank - ET Now Citing Sources
Thursday, 12 Apr 2018 

April 12 (Reuters) - :INDIA MARKET REGULATOR INITIATES PROBE INTO ALLEGED CORPORATE GOVERNANCE BREACHES AT ICICI BANK - ET NOW CITING SOURCES.SEBI SEEKS ALL KEY DOCUMENTS ON BOARD DECISIONS PERTAINING TO VIDEOCON GROUP - ET NOW CITING SOURCES.SEBI SEEKS TO KNOW STANCE OF INDEPENDENT DIRECTORS ON DECISIONS LINKED TO VIDEOCON GROUP - ET NOW CITING SOURCES.PRIMA FACIE SEBI SUSPECTS LISTING AGREEMENT DISCLOSURE VIOLATIONS BY CHANDA KOCHHAR - ET NOW CITING SOURCES.  Full Article

India's ICICI Securities Ltd IPO Subscribed 76 Pct As Of 1000 GMT
Monday, 26 Mar 2018 

March 26 (Reuters) - ICICI Securities Ltd ::INDIA'S ICICI SECURITIES LTD IPO SUBSCRIBED 76 PERCENT AS OF 1000 GMT EXCLUDING ANCHOR INVESTOR ALLOCATIONS.  Full Article

India's ICICI Securities IPO To Open On March 22, Close On March 26
Wednesday, 14 Mar 2018 

March 14 (Reuters) - ICICI Securities Ltd::IPO TO OPEN ON MARCH 22, CLOSE ON MARCH 26.IPO COMPRISES OFFER OF UP TO 77.2 MILLION SHARES.  Full Article

Indian shares fall for 2nd day on U.S.-China trade war fears

June 19 Indian shares fell for a second straight session on Tuesday, as fears of a global trade war intensified after U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion worth of Chinese goods.