ICICI Bank Limited Sponsored ADR Stock News

British insurer Prudential said on Wednesday it was evaluating the potential listing of ICICI Prudential Asset Management Company, its joint venture in India, involving a partial divestment of its shares.

ICICI Bank shows strong growth, with a 15% rise in profit after tax and a 9% increase in net interest income. The recent RBI repo rate cut could boost ICICI's net interest margin, despite initial risks from reduced returns on assets. ICICI Bank outperforms peers in key metrics like CASA ratio and net NPA ratio, indicating robust profitability and lower risk.

Dublin, Dec. 23, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: ICICI Bank Limited 2024" company profile has been added to ResearchAndMarkets.com's offering.

India's central bank on Wednesday said the State Bank of India , HDFC Bank and ICICI Bank remain the three domestic systemically important banks (D-SIBs) and that the first two would need to maintain an additional capital buffer starting April 2025.

ICICI Bank defied expectations for yet another quarter. All signs point to more compounding potential from here. Valuations remain well-supported by underlying fundamentals.