Channel checks at loan sales offices indicate that while overall credit growth is stabilizing, the composition of growth is changing, with secured retail and SME loans the main drivers.The most notable shift is in SME lending, where public sector banks have regained their dominance over the past six to nine months. Faster turnaround times of […]
Nifty stocks ICICI Bank and Apollo Hospitals witnessed separate block deals on Monday, with BofA buying shares worth Rs 19 crore and Rs 69 crore respectively, while Goldman Sachs was the seller.BofA bought 1,41,886 shares of ICICI Bank through its subsidiary BofA Securities Europe SA at a price of Rs 1,332 each, down 0.8% from […]
The country’s second-largest private lender ICICI Bank reported 5.2% year-on-year growth in profit after tax to Rs 12,359 crore for the quarter ended Q2FY26, while also recording a healthy 7.4% growth in its net interest income (NII) to Rs 21,529 crore, compared to Rs 20,048 crore in the same quarter last year. The net interest […]