According to Harendra Kumar, Head of Institution Broking and Global Research, Elara Capital, ICICI is the strongest private bank currently. ICICI is successful in today’s banking rat race because of its fundamentals and valuations. ICICI Bank Logo There is a huge comfort space for ICICI in the private banking sector. The strength is reflecting from […]
FMCG major Dabur India registered a 11.9% increase in the net profit to Rs 172.82 crore while ICICI Bank declared a 20% rise in its net profit at Rs 1,728 crore and Punjab National Bank (PNB) reported a 5.5% jump in the net profit at Rs 1,150 crore; for the quarter, which ended on December […]
The largest lenders of the country, SBI and ICICI Bank saw a downfall of their share value on predominant concerns about rising assets due to the exposure to airline companies. The chairman of SBI, Mr Pratip Chaudhuri, declared that Kingfisher Airlines, being the Non-performing asset to SBI, is in default. Kingfisher has been finding it […]
