Finance Minister Nirmala Sitharaman also focussed on capital expenditure, affordable housing, small and medium enterprises.
In this edition of The Week on Dalal Street, CNBC Awaaz's Anuj Singhal & Moneycontrol's Santosh Nair discuss sharp selling in the stock market, sectors in focus and technical levels of benchmark indices ahead of the upcoming Union Budget 2023.
The claim for remuneration for time not spent actually working was dubbed as “time theft”, thereby adding a new tort in the lexicon of employer-employee disputes
ICICI Bank has gained reasonable strength in its balance sheet and its valuation is at a discount to its private peer
Enquiries revealed that GTL was extending advances to vendors year on year without supply of material and goods. Around 24 banks have together lent money to GTL that include Canara Bank, Dena Bank and ICICI Bank among others.
KR Choksey is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1175 in its research report dated January 24, 2023.
Motilal Oswal is bullish on ICICI Bank recommended buy rating on the stock with a target price of Rs 1150 in its research report dated January 22, 2023.
Emkay Global Financial is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1250 in its research report dated January 22, 2023.
HDFC Securities is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1105 in its research report dated January 20, 2023.
Sharekhan is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1120 in its research report dated January 21, 2023.
In early trade, shares of ICICI Bank jumped 1.06 per cent to Rs 879.65 on the BSE. The stock touched an high of Rs 883.90 and low of Rs 865.05 apiece. The stock finally ended at Rs 871.55 per piece, up by 0.13 per cent. On the NSE, it fell 0.09 per cent to settle at Rs 869.60 apiece.
LKP Research is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1028 in its research report dated January 23, 2023.
Under the partnership, ICICI Bank will provide inventory funding to the authorised passenger EV dealers in addition to the bank's funding to dealers for diesel and petrol models
Prabhudas Lilladher is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1090 in its research report dated January 22, 2023.
ICICI Bank has reported a 34 percent jump in its standalone profit at Rs 8,312 crore for the quarter ended in December 2022
Dolat Capital Market is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1120 in its research report dated January 21, 2023.
There are multiple factors why ICICI Bank should trade at a premium to HDFC Bank
In this edition of Market Minutes, N Mahalakshmi talks about what will define the market mood this week. Market Minutes is a morning podcast that tracks the risk-reward in stock markets by putting the spotlight on keys data points and developing trends
ICICI Bank Q3: Net interest income (NII) rose 34.6 percent to Rs 16,465 crore from Rs 12,236 crore in the corresponding quarter last year.
ICICI Bank's net interest income rose 34.6 percent to Rs 16,465 crore from Rs 12,236 crore in the corresponding quarter last year.
The private lender reported a 34 percent rise in PAT for the quarter ended December 31, 2022, to Rs 8,312 crore.
ICICI Bank Q3: Its net interest income rose 34.6 percent to Rs 16,465 crore.
Net Interest Income (NII) is expected to increase by 29.8 percent Y-o-Y (up 7.4 percent Q-o-Q) to Rs. 15,879 crore, according to Prabhudas Lilladher.
ICICI Bank and Kotak Mahindra Bank are set to release their Q3 results on Saturday, Jan 21st. Moneycontrols Nandita Khemka & Aparna Iyer discuss key expectations from the two big private banks.
Healthy growth in net interest income is expected on the back of double-digit loan growth and an expansion in the net interest margin.