ICICI Bank Limited Sponsored ADR Aktie News

India's ICICI Securities has secured shareholders' nod to delist its stock, the brokerage said in the early hours of Thursday, paving the way to merge with parent and majority shareholder ICICI Bank.

ICICI Bank has turned the page on its scandal-hit past. There are challenges on the horizon, but the group is well-placed to weather the storm. The valuation is a hurdle but by no means an insurmountable one.

ICICI Bank Limited (IBN) Q3 2024 Earnings Call Transcript

Shares of ICICI Bank Ltd. rallied into record territory Monday as investors cheered the India-based bank's fiscal third-quarter results, which showed that the compression in net interest margin was nearing its end.

India's ICICI Prudential Life Insurance reported a decline in new business margins on Wednesday, as demand dipped for high-value policies following taxation changes and sales of low-margin products increased.

India's stock benchmarks, the Nifty 50 and Nifty 500, have ascended to new all-time highs today. The country's equities have attracted strong interest from investors in the past few years, especially in 2023 as the country bypassed China as the world's most populous country, shining a light on the Indian economic growth story.

The financial sector is prime hunting ground for names that still offer value. Leading private banks should grow faster than state-owned rivals.

Indian stocks are soaring, helped by the country's economic growth. The Nifty 50 and BSE Sensex index surged to their record highs on Monday after important elections on Sunday.