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ICICI

Lifting the gloom: More policy play needed than simple assurances

Mumbai, Oct. 11 Just how deep-seated the fears about catching the credit crunch infection were in India became evident when the ICICI Bank stock fell 20 per cent at close of last week despite assurances by the Finance Minister...

Indian ADRs: ICICI Bank down 20%, HDFC Bank slips 6.5%

US markets end mixed after a rollercoaster session on Wall Street. The Dow saw its biggest point swing ever, a 1000 point swing. It recovered from a 697 points tumble and rose as much as 322 points in the last hour as an...

ICICI Bank Q2 PAT seen at Rs 1003.7 cr: Religare

Religare Hichens Harrison Research has come out with its earning estimates on Banking Sector for the quarter ended September 2008. According to the research firm, ICICI Bank\'s September quarter net interest income is expected...

Oct 11, 2008: Festival of Music 2008 at The Music Academy (TTK Auditorium)

ICICI Bank in association with The Music Academy is inviting its customers and music lovers to the Festival of Music 2008 and presenting music concert by Vidvan N Vijay Siva (carntic vocal). Admission to the programme is by...

Reclassification of shares: How and why is this done?

Reliance informed investors that it had reclassified 9.41 crore shares moving them from the Promoter and Persons Acting in Concert (PAC) category to the public category. There are two questions for this transaction, one is how...

Jittery Sensex recovers a bit on CRR cut

MUMBAI: Tsunami of financial global crisis hit Indian market on Friday as equities plunged sharply tracking other global markets on renewed fears of recession in the US and Europe. However a surprise cut in Cash Reserve Ratio...

Is your money safe?

There are rumours that ICICI Bank is in trouble, with reports that people are rushing to withdraw their savings. The bank, and finance minister P Chidambaram, both attest ICICI is safe and all banks have enough liquidity. What...

For many, it's going to be a bad Diwali

Palak Shah & Anirudh Laskar in Mumbai Small investors are despondent -- and angry at brokers for shorting the markets. A large number of investors are intently watching the giant television screen outside the BSE building on...

Sensex stocks to hit 52-week lows

As the bloodbath continued on the Indian bourses, many a index heavyweight made new 52-week lows. Adding to the market woes was dismal Index of Industrial Production data for August, which overshadowed RBI’s 150 points CRR cut.

India's central bank says financial system well regulated

A day after Indian equities crashed in line with the global meltdown and on worries over declining industrial growth, Reserve Bank of India (RBI) Governor D. Subbarao has said overseas exposures of domestic banks were small and...

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