Icici Bank News - Latest Updates & Headlines
Sensex, Nifty open higher amid mixed global cues
Mumbai, April 2: Indian equity indices opened in the green on Wednesday as heavyweights like Infosys, ICICI Bank, Tech Mahindra and Maruti Suzuki continued to lift the market sentiment amid mixed global cues.
Tariff uncertainties to keep gold prices in India between Rs 87-90K range in H1-2025: Report
New Delhi, March 29: US tariff uncertainties are likely to push gold prices to Rs 87,000- Rs 90,000 in the first half of the calendar year 2025 (January- June), according to a report by ICICI Bank Global Markets.
RBI's revised priority sector lending norms to benefit banks: Experts
New Delhi, March 25: The Reserve Bank of India's (RBI) decision to revise priority sector lending (PSL) norms will benefit banks with a significant housing loan portfolio, while also intensifying competition in the renewable energy sector, experts said on Tuesday.
India's BoP to remain negative for the year, but the magnitude would be lower: Report
New Delhi, March 19: Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face pressure, said a report by ICICI Bank Global Markets.
India stock market surges for second day; Sensex, Nifty close up 1.5% each
New Delhi, March 18: Indian stock indices surged for the second day. At the day's closing, the Sensex was up 1,131.31 points or 1.53 per cent at 75,301.26 points, and the Nifty was up 325.55 points or 1.45 per cent at 22,834.30 points.
Sensex jumps 1,131 points, Nifty closes above 22,800 as markets rally
Mumbai, March 18: Indian stock markets ended on a strong note on Tuesday, with both the Sensex and Nifty posting significant gains.
Core inflation edged higher because of surge in gold prices; food inflation trend positive: Report
New Delhi, March 13: The outlook for core inflation remains positive despite some upward pressure from rising industrial metal prices, according to ICICI Bank Global Markets report.
Manufacturing boost with government support led to hiked IIP growth in January: Report
New Delhi, March 13: India's industrial activity witnessed a significant surge in January 2025, primarily driven by the manufacturing sector, according to ICICI Bank Global Markets report.
TCS, SBI lead market rally as 7 of top 10 firms gain Rs 2.1 lakh crore
Mumbai, March 9: The combined market value of seven out of the top ten most valued companies in India increased by Rs 2,10,254.96 crore last week.
Manufacturing and services sectors set to boost GVA output as profitability improves in Q3FY25: ICICI Bank report
New Delhi, March 2: The Gross Value Added (GVA) output--a measure of the total value created by the businesses--across the manufacturing and services sectors will maintain its momentum, following the notable improvement in profitability observed in the third quarter of the Financial Year 2025 (Q3FY25), according to a report by ICICI Bank.
Credit card spending clocks double-digit jump in January
Mumbai, Feb 25: Consumer expenditure through credit cards has shot up by 10.8 per cent year-on-year to Rs 1.84 lakh crore in January 2025 with HDFC Bank and ICICI Bank recording the highest increase, according to the latest data compiled by the RBI.
Indian stock market trades almost flat, rupee strengthens
Mumbai, Feb 21: The domestic benchmark indices were trading nearly flat in the morning trade on Friday amid mixed global cues, as automobile stocks weighed on the sectoral indices.
Indirect tax to rise by 8.3 pc, corporate tax by 10.4 pc in FY26: Report
New Delhi, February 6: The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank.
FOMC to keep rates unchanged, June and December 2025 may see a 25bps cut each: Report
New Delhi, January 29: The Federal Open Market Committee (FOMC) of the US Federal Reserve is expected to keep interest rates unchanged in its policy announcement on Wednesday night (IST), according to a report by ICICI Bank.
Indian stock market opens higher, Nifty above 23,000
Mumbai, Jan 29: The domestic benchmark indices opened higher on Wednesday for second day in a row, as investors are now looking forward to positive cues in the upcoming Union Budget 2025-26.
Crude prices to stay between USD 75-85 in 1H2025, USD 65-75 in 2H2025: Report
New Delhi, January 28: Crude prices to stay between USD 75-85 in 1H2025, and between USD 65-75 in 2H2025: Reporthe international crude price outlook for 2025 will be driven by the prospect of an escalation in the trade war that is expected to depress Chinese demand, as per a report by ICICI Bank. The outlook also hinges on US President Donald Trump's energy policy regime.
Sensex, Nifty slide over 1 pc amid weak global cues, US trade uncertainties
Mumbai, Jan 27: Indian equity markets witnessed a sharp decline on Monday amid weak global cues and uncertainties over US trade policies which dampened domestic investors’ sentiment.
ICICI Bank's Q3 profit rises 15 pc to Rs 11,792 crore, NII grows 9 pc
Mumbai, Jan 25: India's second-largest private sector lender, ICICI Bank, on Saturday reported a 15 per cent year-on-year (YoY) growth in net profit for the December quarter of FY25, reaching Rs 11,792 crore, compared to Rs 10,272 crore in the same period last year.
Indian stock market opens higher, IT sector shows promise post Q3 earnings
Mumbai, Jan 24: Indian benchmark indices opened higher on Friday, extending gains to day three this week, as Nifty Bank, auto, FMCG and IT sectors led the morning trade.
Sensex tanks more than 800 points over impending Trump trade tariffs
Mumbai, Jan 21: Indian stock markets saw a sharp decline on Tuesday, giving up their morning gains and trading significantly lower by midday as investors remain cautious about Trump trade tariffs.
High manufacturing cost led to surge in WPI inflation in December: Report
New Delhi, January 15: The reason for the surge in wholesale inflation in the country in December is due to an increase in manufacturing inflation, according to a report by ICICI Bank.
3 Indian banks among top 25 global banks by market cap, ICICI standout performer
New Delhi, Jan 14: Three Indian banks -- HDFC Bank, ICICI Bank, and the State Bank of India (SBI) -- ended the fourth quarter (Q4) of 2024 at the 13th, 19th, and 24th spots in the top 25 global banks by market capitalisation, respectively, according to a new report.
Indian stock market ends in green as HMPV fear begins to subside
Mumbai, Jan 7: As more clarity emerged around HMPV amid increased surveillance across the country, India's domestic benchmark indices closed higher on Tuesday amid positive global cues while buying was seen in metal, media, energy, commodities, PSU bank, financial service, pharma and FMCG sectors.
Morgan Stanley gives overweight rating on 10 stocks including Reliance, HAL, ICICI Bank
New Delhi, January 5: Morgan Stanley expects India to be among the best-performing emerging markets in 2025. With strong earnings, macro stability and domestic flows, the global investment banking company argues it is hard to argue against India's investment case.