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HomeTag: ICICI Bank shares

These bank stocks may outperform; Bank of America, Macquarie say Indian banks poised for better year

Macquarie has significantly raised earnings estimates — by 16-35% for private banks for the financial year 2022 and 2023; and by 80-150% for PSU banks. After having battled pandemic and asset quality risks in the previous year, India’s banking sector looks poised for a better year ahead with further upside and recovery in earnings. Global …

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ICICI Bank closes QIP after raising Rs 15,000 crore; sells shares at 1.9% premium to floor price

Some of the marquee names that have been allotted the shares of ICICI Bank through the QIP include, Monetary Authority of Singapore, Morgan Stanley Investment Management Inc, and Societe Generale. Continuing the capital raising spree of private lenders, ICICI Bank on Saturday said that it has successfully raised almost Rs 15,000 crore through Qualified Institutional …

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