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ICICI Bank appoints Sanker Parameswaran as company secretary

31-12-2013| Source:Moneycontrol.com

ICICI Bank has informed that Mr. Sanker Parameswaran, Senior General Manager and Head, Corporate Legal Group would be the Company Secretary of ICICI Bank Ltd effective January 01, 2014.

NPA menace: Banks must take haircut, says KV Kamath  

31-12-2013| Source:CNBC-TV18

According to KV Kamath, it is difficult to precisely put a number whether banks should go for a 10-15-20 percent haircut, but a haircut would be required in every case.

Nifty holds 6300 amid volatility; BHEL, HDFC Bank slip 1%

31-12-2013| Source:Moneycontrol.com

Shares of Tata Motors, Larsen and Toubro, ICICI Bank, TCS and Bharti Airtel rose between 0.4-0.8 percent.

Sensex, Nifty positive; Apollo Tyres up 4%, banks support

31-12-2013| Source:Moneycontrol.com

India, ICICI Bank and M&M are top gainers in the Sensex. Among major losers are Tata Steel, Heromotocorp and NTPC.The rupee opened marginally higher by 7 paise at 61.84 per dollar on Tuesday

Indian ADRs: Infosys down 3%, Dr Reddys, ICICI Bank slip

31-12-2013| Source:Moneycontrol.com

Indian ADRs ended mostly lower on Monday. ICICI Bank fell 0.38 percent, Dr Reddys Laboratories slipped 0.51 percent and Infosys shed 2.94 percent.

Canara Bank hikes lending rate by 0.25%

30-12-2013| Source:PTI

Base rate is the minimum lending rate below which banks can not lend to a borrower. The bank has also aligned its benchmark prime lending rate to 14.45 percent from 14.20 percent.

Nifty ends below 6300; IT stocks weak, HDFC & HUL gain 1%

30-12-2013| Source:Moneycontrol.com

, banking and realty stocks were in sellers’ radar. Infosys, Bajaj Auto and M&M ended the day with 2 percent loss. Other losers in the Sensex are L&T and ICICI Bank.Technical analyst Gautam Shah

Exit PC Jeweller: Sudarshan Sukhani  

30-12-2013| Source:CNBC-TV18

Sudarshan Sukhani of s2analytics.com is of the view that one may exit PC Jeweller and prefer Sesa Sterlite, Hindalco Industries in metals space or ICICI Bank and State Bank of India in the banking

Prefer private sector banks: Sudarshan Sukhani  

30-12-2013| Source:CNBC-TV18

Sudarshan Sukhani of s2analytics.com prefers private sector banks.

Sensex, Nifty volatile; Infosys weak, rail stocks in focus

30-12-2013| Source:Moneycontrol.com

Pressure is seen in banking stocks as well. HDFC Bank, ICICI Bank, Kotak Mahindra, Bank of Baroda and PNB are dragging the banking index. Bajaj Auto, L&T, Wipro, Infosys and ONGC are top losers

Seeing fall in home loan book growth: Kotak Mah Bank

30-12-2013| Source:PTI

Kotak Mahindra Bank, one of the youngest lenders among the domestic players, joined its larger peers SBI, ICICI Bank and mortgage major HDFC in cutting the home loan rate by 0.25 percent last week.

See flat to positive opening: Ventura Securities

30-12-2013| Source:Moneycontrol.com

.4 percent and 0.3 percent respectively. SGX Nifty is trading up by 11 points at 6,375.Indian ADRs ended on a positive note. Among financial ADRs, ICICI Bank and HDFC Bank were up by 1.2 percent

Sensex to trade at around 23000 by Dec 2014: ICICI Direct

30-12-2013| Source:CNBC-TV18

We like FMCG, autos, private banks, telecom & cement sector. We remain negative on capital intensive sectors like PSU banks, capital goods & infra, power, metals & real estate, says

Indian ADRs: Infosys, ICICI Bank, HDFC Bank up 1%

28-12-2013| Source:Moneycontrol.com

Indian ADRs ended higher on Friday. HDFC Bank, ICICI Bank and Infosys gained more that 1 percent.

BSE Sensex, Nifty positive; banks gain, BHEL & ONGC drag

27-12-2013| Source:Moneycontrol.com

.73, and the Nifty is up 13.90 points at 6292.80. About 319 shares have advanced, 69 shares declined, and 11 shares are unchanged.Sesa Sterlite, ICICI Bank, Axis Bank, SBI and Infosys are early gainers in the Sensex

Market may open on negative note: Ventura Securities

27-12-2013| Source:Moneycontrol.com

. Among financial ADRs, ICICI Bank and HDFC Bank were down by 0.1 percent and 1.7 percent respectively. Among IT ADRs, Wipro was down by 0.1 percent while Infosys was up by 0.6 percent. Tata

Indian ADRs: Tata Motors, Dr Reddys Lab, HDFC Bank down

27-12-2013| Source:Moneycontrol.com

Indian ADRs ended lower on Thursday. Wipro was down 0.08 percent, Tata Motors slipped 0.98 percent and ICICI Bank shed 0.11 percent.

Sudarshan Sukhani upbeat on private sector banks  

26-12-2013| Source:CNBC-TV18

Sudarshan Sukhani of s2analytics.com is upbeat on private sector banks.

Govt ups Axis Bank's foreign ownership limit to 62%

26-12-2013| Source:Moneycontrol.com

The Cabinet Committee on Economic Affairs (CCEA) on Thursday hiked the foreign ownership limit in Axis Bank to 62 percent from an earlier cap of 49 percent. As per the current share price, the move

Bullish on Canara Bank, BOI, OBC: Hemant Thukral  

26-12-2013| Source:CNBC-TV18

Hemant Thukral of Aditya Birla Money is bullish on Canara Bank, Bank of India and Oriental Bank of Commerce. He feels Bank of India may touch Rs 246.

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