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.
ICICI Bank has stayed resilient through a rather challenging backdrop. Sticking with 'quality' still makes a lot of sense from here. Valuations, while optically high, aren't at all detached from fundamentals.
An Indian company tribunal has dismissed objections raised by minority shareholders of ICICI Securities regarding its delisting plans, Bar and Bench reported on Wednesday.
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