[ad_1] The combined market valuation of seven of the top 10 most valued firms increased by Rs 65,302.5 crore last week with Tata Consultancy Services (TCS) and ICICI Bank leading the pack.Sensex surged 663.35 points or 0.90% last week, while Nifty advanced 165.7 points or 0.74%.BSE and NSE also conducted a special trading session on…
[ad_1] MUMBAI: The good run that Indian banking and financial sector stocks witnessed during the last few years may be over. Rising pressure on cost of funds, increasing concerns about unsecured retail loans and rising operational costs could impede growth of Indian lenders in the next couple of years, a report by the Indian arm…
[ad_1] MUMBAI: Union Bank of India and IDBI Bank reported the highest increase in Q3FY24 net profit at 60% and 57%, respectively, among the banks that declared their results on Friday, leading to share prices reaching 52-week highs. Other lenders ICICI Bank, IDFC First Bank and Union Bank of India also reported improved earnings.Most of…
[ad_1] MUMBAI: ICICI Bank on Saturday said its consolidated net profit for the December quarter jumped 25.7% to Rs 11,052.60 crore, up from Rs 8,792.42 crore. The second largest private sector lender posted a 23.6% rise in standalone net profit for the third quarter of the current fiscal to Rs 10,272 crore. The bank’s core…
[ad_1] ICICI Bank cardholders take note! The bank has made notable changes in airport lounge access benefits for 21 credit cards, along with alterations to reward points rules for several other cards. Continue reading to know more.Airport lounge accessAs per the information on the ICICI Bank website, “Commencing on April 1, 2024, you can avail…