ICICI Bank Update: India’s second-largest lender, ICICI Bank, has increased the monthly minimum average balance requirement for new savings account holders across all customer segments. Customers in metro and urban locations who opened their savings accounts on or after August 1 will now have to maintain a monthly average balance of Rs 50,000 to avoid…
Dividends: Action Construction Equipment – Rs 2 per share (Final, 100%) Alkali Metals – Rs 0.5 per share (Final, 5%) Amal Ltd. – Rs 1 per share (Final, 10%) Anuh Pharma Ltd. – Rs 1.5 per share (Final, 30%) Astral Ltd. – Rs 2.25 per share (Final, 225%) Bandhan Bank – Rs 1.5 per share…
The combined market valuation of 6 of the top-10 most valued firms diminished by Rs 2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark gauge declined by 294.64 points or 0.36 per cent. “Markets ended lower for the fourth straight…
ICICI Bank Q1 Results: ICICI Bank reported a 15.5 per cent year-on-year growth in standalone net profit at Rs 12,768 crore for Q1 FY26. Net interest income rose 10.6 per cent to Rs 21,635 crore. Core operating profit increased 13.6 per cent to Rs 17,505 crore, while profit before tax (excluding treasury) came in at…
ICICI Bank is expected to deliver a strong performance in Q1FY26, with year-on-year growth anticipated in key metrics ahead of the results announcement on July 19. According to Zee Business research team, Net Interest Income (NII) is estimated at around Rs 20,920 crore, up 7 per cent from Rs 19,553 crore in Q1FY25. Profit After…
Let’s start with your personal story I am a Mumbai boy, born and brought up in a joint family of businessmen. I have completed a Master’s in Commerce and am a Chartered Accountant by qualification. In addition, I am a CFA charter holder from the CFA Institute, USA. How did you land this job? I…