Bengaluru: KreditBee, one of India’s leading digital lending platforms, today entered into the card segment with the launch of ‘KreditBee Card’. The card provides the unserved and underserved banking customers, …
ICICI
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Mumbai: ICICI Bank today announced the launch of a co-branded credit card with Hindustan Petroleum Corporation Limited (HPCL) to provide customers with benefits and reward points for using multiple credit cards in …
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Mumbai: ICICI Bank today announced that it has introduced the instant ‘Cardless EMI’ facility to online purchases made on e-commerce platforms. The facility enhances affordability to millions of the Bank’s …
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Aims to empower over 2 crore retail merchants in the country with seamless banking services, digitally Offers instant banking facilities and value-added services in one place to enhance the …
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Value strategy started to gain major traction since October last year as smallcaps, midcaps, PSU stocks, utilities, metals, and corporate banks started to outperform. (Image: REUTERS) Value stocks have outperformed …
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Top lenders like State Bank of India (SBI), HDFC Bank, ICICI Bank and Bank of Baroda (BoB) offer extra interest rates over the existing rates on fixed deposits (FD) applicable …
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or loans above Rs 75 lakh, ICICI Bank is charging a rate of 6.75% or more. Much like SBI, ICICI Bank too is offering the revised rates till March 31. …
- Business
TCS, ICICI Bank, other must-have stocks: Time to rejig investment portfolio post Budget 2021? INTERVIEW
Sandip Sabharwal also talks about the key sectors where investors can look for opportunities Union Budget 2021 largely focussed on the infrastructure sector, and no negative announcements fueled the rally …
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We raise our FY21E estimate by 20% due to lower credit cost while largely maintaining our FY22E/FY23E estimates. Maintain ‘buy’. ICICIBC reported a strong 3QFY21, with earnings driven by steady …
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ICICI Bank shares were among the top performers on Monday morning. ICICI Bank share price surged 5.7% to hit a 52-week high of Rs 568.35 per share today morning. The …
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The interest income (NII) increased 16% y-o-y and 6% q-o-q to Rs 9,912 crore. Provisions for the lender increased 32% y-o-y to Rs 2,742 crore, but declined 8% sequentially. ICICI …
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Combined ratio was at 97.9% and investment income (total) was up 33% y-o-y. For Q3FY21, ILOM’s profit of Rs 3.1 bn, up 7% y-o-y, fell short of estimates due to …
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“The project achieved provisional commercial operations date (PCOD) in April 2018. As against planned financial progress of 100.00%, actual financial progress is 95.20% as on September 2018,” the rating note …
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Technical analyst says that the market is heading for 14580/49600 levels, which is a crucial hurdle point for the market. Nifty futures were trading 60.50 points or 0.42 per cent …
- Business
Nifty stretched or undervalued? PE multiples will shift higher, says ICICI Direct; sees 13% upside
Taking the example of Larsen & Toubro, the report noted that segments of the firms like IT are growing much faster than the core business and hence attract higher PE …
- Business
Stocks in focus: Maruti Suzuki, Yes Bank, L&T Fin, Mindtree, PFC, ICICI Lombard, Alembic Pharma
According the market watchers, Indian stock markets are in overbought zone as Nifty 50 index closed the previous session with a P/E multiple of 38.92. Image: Reuters Nifty futures were …
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Better growth can aid rerating; we see good risk-reward. ICICI Pru Life can benefit from a combination of stability in product-mix & expansion in distribution that will lift growth in …
- Business
Here’s what HDFC, ICICI, SBI MF bought, sold in December; Mutual Funds continue to record outflows
In the last month of the previous decade, open-ended equity-oriented mutual fund schemes saw net outflows of Rs 10,000 crore with maximum outflows coming from Largecap funds. In the month …
- Business
Infosys, Bharti Airtel, ICICI Bank, among top large-cap stocks to buy in CY21 as earnings revive
The brokerage firm has picked up 12 large-cap stocks for investment in 2021, as it sees revival in earnings and expects liquidity and rates to remain supportive BSE Sensex and …
- Business
ICICI Bank, Infosys, among top large-cap stock picks in 2021 with over 13 per cent potential upside
The brokerage firm believes that private banks have made excess provisions, and are likely to lead the way. Image: Reuters Indian share markets hit fresh record high yet again, with …
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ICICI Bank said it will acquire 9.09 per cent stake in MESPL for cash consideration of Rs 4.5 crore. ICICI Bank on Tuesday launched an online platform to enable foreign …
- Business
Stocks to buy in 2021: ICICI Bank, HDFC, among 9 shares that may rally over 55% on economic recovery
The brokerage firm believes that the market will run up ahead of, and in anticipation of, an ensuing economic recovery. Image: Reuters Indian share markets posted an incredible recovery in …
- News
Supreme Court rejects Chanda Kochhar’s appeal against sacking as CEO of ICICI Bank – Business News , Firstpost
The top court was hearing Kochhar’s appeal against an order of the Bombay High Court, which had dismissed her plea against termination, noting that the dispute arises from a contract …