ICICI Bank Limited (IBN)
- Zacks
ICICI Bank (IBN) Q4 Earnings Improve on Higher NII, Costs Rise
ICICI Bank's (IBN) fourth-quarter fiscal 2024 earnings reflect higher NII and non-interest income, along with lower provisions. However, elevated expenses act as a spoilsport.
- Bloomberg
ICICI Bank Quarterly Profit Tops Estimates on Lending Boost
(Bloomberg) -- ICICI Bank Ltd. reported profits that surpassed analyst expectations as demand for retail loans continues to be strong in the world’s most populous nation. Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoTesla Clears Key China Assisted-Driving Hurdle With Baidu DealYen Watchers Ask When Japan Will Step In as Slide AcceleratesBlade to Offer Luxury Bus Service to Hamptons at F
- Reuters
India's ICICI Securities gets shareholder nod to delist, paving way to merge with ICICI Bank
India's ICICI Securities on Thursday secured the votes needed to delist its stock, capping a dramatic week that saw backlash from some unhappy retail investors and reported attempts by parent ICICI Bank to sway votes. Local media had reported earlier this week that ICICI Bank made multiple attempts to persuade ICICI Securities' shareholders to vote in favour of the delisting. ICICI Bank, which holds roughly 75% stake in the brokerage and whose vote is not considered, said on Thursday that its shareholder outreach was "important" to explain the proposal and maximise participation, and was not done to sway voters.
