News for 'ICICI Bank of Rs'

Sensex pares early losses; ends up 231 points

Sensex pares early losses; ends up 231 points

Rediff.com28 Mar 2022

Equity benchmark Sensex pared its early losses to close higher by 231 points on Monday, helped by buying in index heavyweight Reliance Industries and ICICI Bank amid positive global trends. After falling 537.11 points to a low of 56,825.09 in morning trade, the 30-share BSE barometer staged a recovery in afternoon trade and climbed 231.29 points or 0.40 per cent to settle at 57,593.49. As many as 20 Sensex stocks closed with gains while 10 declined. The broader NSE Nifty recovered 69 points or 0.40 per cent to settle at 17,222 with 29 of its constituents ending in green.

PMC Bank depositor ends life, another dies of heart attack

PMC Bank depositor ends life, another dies of heart attack

Rediff.com15 Oct 2019

Sanjay Gulati, a resident of suburban Oshiwara, went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck.

e-Rupee: RBI creates Rs 1.71 crore of digital currency for retail pilot

e-Rupee: RBI creates Rs 1.71 crore of digital currency for retail pilot

Rediff.com2 Dec 2022

The pilot project for central bank digital currency (CBDC) in the retail segment went live on Thursday with the Reserve Bank of India (RBI) issuing Rs 1.71 crore to four participating banks based on their indents. The central bank has identified four banks for the first phase of the pilot - State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank - in four cities, Mumbai, New Delhi, Bengaluru and Bhubaneswar. The highest indent was received from one private sector bank.

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Rediff.com2 Mar 2022

BSE benchmark Sensex plummeted 778 points to close below the 55,500-level on Wednesday following a broad-based selloff in global markets as the Russia-Ukraine crisis escalated. The 30-share BSE index ended 778.38 points or 1.38 per cent lower at 55,468.90. Similarly, the NSE Nifty plunged 187.95 points or 1.12 per cent to 16,605.95.

Term Deposits: Banks Must Offer Higher Rates

Term Deposits: Banks Must Offer Higher Rates

Rediff.com14 Nov 2022

That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.

Sensex gains 130 points in range-bound trade

Sensex gains 130 points in range-bound trade

Rediff.com12 Aug 2022

Benchmark BSE Sensex gained 130 points on Friday after gains in index majors Reliance Industries, ICICI Bank and Tata Steel ahead of the release of inflation and factory output data. Recovering from its early losses, the 30-share BSE index ended 130.18 points or 0.22 per cent higher at 59,462.78 in a range-bound trade. The broader NSE Nifty advanced 39.15 points or 0.22 per cent to close at 17,698.15.

Sensex pares early gains; ends down 304 points

Sensex pares early gains; ends down 304 points

Rediff.com5 Jan 2023

From the Sensex pack, Bajaj Finance tanked 7.21 per cent. The other major laggards were Bajaj Finserv, ICICI Bank, Infosys, Titan, Power Grid, Axis Bank, HDFC Bank, Tech Mahindra, Wipro and Bharti Airtel. ITC, Hindustan Unilever, NTPC, Mahindra & Mahindra, Nestle and Larsen & Toubro were the major winners.

Markets tumble nearly 1%; Sensex tanks 523 points

Markets tumble nearly 1%; Sensex tanks 523 points

Rediff.com25 Oct 2023

Among the Sensex firms, Infosys, Bharti Airtel, NTPC, Tata Motors, IndusInd Bank, Bajaj Finance, ICICI Bank, Tech Mahindra, Titan and Axis Bank were among the major laggards. Tata Steel, State Bank of India, Mahindra & Mahindra, Maruti and Nestle were the gainers.

Top 5 Sensex cos add Rs 15,270 cr in market valuation

Top 5 Sensex cos add Rs 15,270 cr in market valuation

Rediff.com27 Apr 2014

While CIL, HDFC Bank, SBI, ICICI Bank and HDFC saw rise in their market cap, TCS, RIL, ONGC, ITC and Infosys witnessed fall in their valuations for the week ended April 25.

Top 9 Sensex companies add Rs 53,752 crore in market valuation

Top 9 Sensex companies add Rs 53,752 crore in market valuation

Rediff.com4 Jan 2015

Over the past week, the benchmark BSE Sensex gained 646.12 points to settle at 27,887.90.

Investors' wealth tumbles Rs 86,742 cr as stocks plunge

Investors' wealth tumbles Rs 86,742 cr as stocks plunge

Rediff.com2 Mar 2022

Investors' wealth tumbled Rs 86,741.74 crore on Wednesday, mirroring weakness in the global equity markets amid escalating tensions between Russia and Ukraine. The BSE benchmark Sensex slumped 1,227.18 points to 55,020.10 during the day in line with a global selloff. It finally settled at 55,468.90, lower by 778.38 points or 1.38 per cent. Surging crude prices and foreign capital outflows also weighed on investor sentiment.

ASK AJIT: How to get 20% return on shares?

ASK AJIT: How to get 20% return on shares?

Rediff.com17 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

BSE, NSE close at record highs; Sensex breaches 69K

BSE, NSE close at record highs; Sensex breaches 69K

Rediff.com5 Dec 2023

Among the Sensex firms, Adani Enterprises and Adani Ports sustained their gaining momentum and traded higher by 4.40 per cent and 4.37 per cent, respectively. BPCL, Axis Bank, Mahindra & Mahindra and SBI were the other major gainers. On the other hand, HCL Tech, Infosys and Bajaj Auto traded in the negative zone with a loss of up to 1.54 per cent.

Bank stocks: Experts give safe bets

Bank stocks: Experts give safe bets

Rediff.com27 Jul 2006

Investors lose Rs 9.56 lakh cr in stock market plunge

Investors lose Rs 9.56 lakh cr in stock market plunge

Rediff.com28 Jan 2021

The 30-share BSE benchmark tanked 535.57 points or 1.13 per cent to close at 46,874.36 on Thursday. It has now lost 2,917.76 points in five days.

Markets fall amid weak global equities; Sensex ends down 230 points

Markets fall amid weak global equities; Sensex ends down 230 points

Rediff.com17 Nov 2022

Equity benchmark indices ended lower on Thursday in line with weak global market trends. The 30-share BSE Sensex declined 230.12 points or 0.37 per cent to settle at 61,750.60. During the day, it fell 337.45 points or 0.54 per cent to 61,643.27.

Banks go slow on bond sales as rising interest rates push up costs

Banks go slow on bond sales as rising interest rates push up costs

Rediff.com21 Nov 2022

Banks looking to raise capital via bond sales to fund decade-high credit growth were compelled to put some of these debt issuances on hold amid a sharp rise in yields since late September, sources told Business Standard. A major private lender, Axis Bank, has not yet followed through with a planned issuance of infrastructure bonds worth around Rs 3,000 crore. This is because volatility in the bond market in late September led to investors seeking higher yields, sources said.

Sensex drops 151 points on heavy selling in auto, bank stocks

Sensex drops 151 points on heavy selling in auto, bank stocks

Rediff.com11 Feb 2019

Losers include ONGC, Bajaj Finance, Reliance, SBI, Hero MotoCorp, ICICI Bank, L&T, Vedanta, Yes Bank and Axis Bank, falling up to 2.54 per cent. On the other hand, Tata Steel, PowerGrid, HCL Tech, Kotak Bank and Maruti were the top gainers on Sensex, rising up to 2.31 per cent.

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Markets rally for 2nd day on foreign fund inflows, buying in HDFC twins

Rediff.com18 Jan 2023

Equity benchmarks extended their rally for the second straight session on Wednesday amid buying in index heavyweights HDFC twins and foreign funds inflows. Recovery in most of the Asian markets and positive start in European equity exchanges also added to the momentum. The 30-share BSE Sensex climbed 390.02 points or 0.64 per cent to settle at 61,045.74.

'Is investing in gold, govt bonds better than stocks?'

'Is investing in gold, govt bonds better than stocks?'

Rediff.com23 Oct 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Market selloff: Investors lose Rs 6.15 lakh crore in 3 days

Market selloff: Investors lose Rs 6.15 lakh crore in 3 days

Rediff.com29 Oct 2021

Investors' wealth has eroded by over Rs 6.15 lakh crore in three days of market decline amid weak global cues and persistent selling by foreign funds. The BSE benchmark Sensex tumbled for the third straight session on Friday to close at 59,306.93, down 677.77 points or 1.13 per cent. In three days, the 30-share index has lost 2,043.33 points or 3.33 per cent.

Banks get stingy on home loans

Banks get stingy on home loans

Rediff.com7 Apr 2008

They are aggressive going through the financial details of the customers. All indications that life is going to get tougher for potential home loan borrowers.

Sensex plunges 600 pts; Nifty cracks below 11,750

Sensex plunges 600 pts; Nifty cracks below 11,750

Rediff.com28 Oct 2020

IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by HDFC, ICICI Bank, Tech Mahindra, Bajaj Finance, UltraTech Cement and Tata Steel. On the other hand, Bharti Airtel was the top gainer, rallying more than 4 per cent.

Sensex jumps 350 points following gains in index majors

Sensex jumps 350 points following gains in index majors

Rediff.com29 Mar 2022

Benchmark BSE Sensex rallied over 350 points on Tuesday following gains in index majors HDFC twins, Bharti Airtel and Infosys amid a largely positive trend in global equity markets. The 30-share BSE barometer jumped 350.16 points or 0.61 per cent to settle at 57,943.65. During the day, it rallied 408.04 points or 0.70 per cent to 58,001.53. The broader NSE Nifty gained 103.30 points or 0.60 per cent to settle at 17,325.30.

Sensex zooms 976 pts as financial stocks lift sentiments

Sensex zooms 976 pts as financial stocks lift sentiments

Rediff.com21 May 2021

HDFC Bank was the top gainer in the Sensex pack, rallying over 4 per cent, followed by SBI. IndusInd Bank, ICICI Bank, Axis Bank and HDFC were also among the gainers. NSE Nifty soared 269.25 points to 15,175.30.

Sensex plummets 1,159 points to end below 60K

Sensex plummets 1,159 points to end below 60K

Rediff.com28 Oct 2021

ITC was the top loser in the Sensex pack, tumbling over 5 per cent, followed by ICICI Bank, Kotak Bank, Axis Bank, SBI and HDFC Bank. NSE Nifty sinks 354 points to 17,857.25.

2 Kochhar firms had combined loss of Rs 162.25m in FY17

2 Kochhar firms had combined loss of Rs 162.25m in FY17

Rediff.com7 Apr 2018

This was the companies' highest loss in two years.

Markets rebound over 1%; Sensex ends up 710 points

Markets rebound over 1%; Sensex ends up 710 points

Rediff.com8 May 2023

Among the Sensex firms, IndusInd Bank jumped 5.08 per cent. The other winners were Tata Motors, Bajaj Finance, Bajaj Finserv, NTPC, HCL Technologies, Mahindra & Mahindra, Axis Bank, Maruti and Kotak Mahindra Bank. Value buying in index heavyweights Reliance, HDFC Bank and ICICI Bank added to the momentum. Sun Pharma, Larsen & Toubro and Nestle were the laggards.

Investors' wealth jump over Rs 10.56 lakh cr in 6 days

Investors' wealth jump over Rs 10.56 lakh cr in 6 days

Rediff.com14 Oct 2021

Investors added more than Rs 10.56 lakh crore to their wealth as markets continued their rally for the sixth straight session on Thursday. The BSE Sensex went past 61,000-mark for the first time ever on Thursday. It jumped 568.90 points or 0.94 per cent to its new closing peak of 61,305.95.

Kochhars' pleas: HC to deliver verdict on Monday

Kochhars' pleas: HC to deliver verdict on Monday

Rediff.com6 Jan 2023

The Bombay high court on Friday heard prosecution and defence arguments on the applications of former ICICI Bank CEO and MD Chanda Kochhar and her businessman-husband Deepak Kochhar, challenging their arrest by the Central Bureau of Investigation (CBI) in an alleged loan fraud case, and reserved its verdict which will be delivered on Monday. The Kochhars, along with Videocon group founder Venugopal Dhoot, were arrested by the CBI late last month for their alleged roles in the case and the trio is currently in jail under judicial custody. The Kochhar couple has termed their arrest as "illegal" on the ground that no sanction was obtained prior to the CBI action as required under provisions of the Prevention of Corruption Act (PCA).

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Rediff.com19 Apr 2018

Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group

Heavy selling on realty, IT, FMCG, banking counters; Sensex closes down 241 points

Heavy selling on realty, IT, FMCG, banking counters; Sensex closes down 241 points

Rediff.com12 Feb 2019

Top losers include Hero MotoCorp, HDFC, SBI, Infosys, HCL Tech, ICICI Bank, Bajaj Finance, ONGC, Bajaj Auto and IndusInd Bank, falling up to 2.63 per cent.

Paytm app may lose access to digital wallet facility

Paytm app may lose access to digital wallet facility

Rediff.com19 Feb 2024

The Paytm application (app) could potentially face a permanent loss of its integrated mobile wallet feature, currently owned by Paytm Payments Bank (Paytm PB). With the recent crackdown on Paytm PB, sources say getting a fresh wallet licence may get tough for the group. "The Paytm app (One97 Communications) has to apply afresh to the RBI for a licence to operate a prepaid payment instrument (PPI) like a mobile wallet within the Paytm app, as PPI is a regulated entity.

Sensex climbs 533 points to reclaim 61,000 mark

Sensex climbs 533 points to reclaim 61,000 mark

Rediff.com12 Jan 2022

On the Sensex chart, M&M, Bharti Airtel, RIL, IndusInd Bank, ICICI Bank and Tata Steel were among major gainers -- rising as much as 4.68 per cent. Nifty rose 156.60 points to end at 18,212.35.

Chanda Kochhar's sacking: RBI defends its decision

Chanda Kochhar's sacking: RBI defends its decision

Rediff.com18 Dec 2019

The central bank filed an affidavit in response to a petition filed by Kochhar last month, challenging her ouster as the chief executive and managing director of ICICI Bank months after she voluntarily left the private sector lender. The bank, while terminating her employment, also denied her remuneration and rescinded the bonuses and stock options given to her from April 2009 to March 2018. She was accused of playing a role in grant of out-of-turn loans of Rs 3,250 crore to Videocon Group, which allegedly benefited her husband, Deepak Kochhar.

Srikrishna panel seeks replies from Chanda Kochhar

Srikrishna panel seeks replies from Chanda Kochhar

Rediff.com31 Dec 2018

The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.

Markets rebound on fag-end buying; Sensex ends up 224 points

Markets rebound on fag-end buying; Sensex ends up 224 points

Rediff.com29 Dec 2022

Equity benchmarks bounced back to end in the positive territory after trading lower for most part of the session on Thursday. The 30-share BSE Sensex climbed 223.60 points or 0.37 per cent to settle at 61,133.88. During the day, it had declined 431.22 points or 0.70 per cent to 60,479.06.

Markets fall as investors turn cautious ahead of RBI monetary policy review

Markets fall as investors turn cautious ahead of RBI monetary policy review

Rediff.com8 Aug 2023

From the Sensex pack, Power Grid, Mahindra & Mahindra, JSW Steel, HCL Technologies, Sun Pharma, Nestle, IndusInd Bank, Reliance Industries, Bharti Airtel and ITC were the major laggards. Tech Mahindra, Wipro, Bajaj Finance, State Bank of India, Bajaj Finserv, Axis Bank, Titan and ICICI Bank were among the major gainers.

Sensex surges 269 pts; Reliance hits lifetime high

Sensex surges 269 pts; Reliance hits lifetime high

Rediff.com23 Jul 2020

Shares of Reliance Industries climbed around 3 per cent to hit a record closing high of Rs 2,060.65. SBI, ICICI Bank, Tech Mahindra, ITC and Kotak Bank were among the other winners. NSE Nifty advanced 82.85 points, or 0.74 per cent, to close at 11,215.45.

Markets settle lower; Sensex falls for third day

Markets settle lower; Sensex falls for third day

Rediff.com6 Dec 2022

Benchmark indices ended the day in the negative territory on Tuesday amid weak global market trends and rising crude prices. Falling for the third day running, the 30-share BSE benchmark ended 208.24 points or 0.33 per cent lower at 62,626.36. During the day, it tumbled 444.53 points or 0.70 per cent to 62,390.07.