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ICICI Securities weak quarterly performance is at a stark contrast to that of industry rival, Angel One, which posted a robust set of Q4 numbers on Monday. ....
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced results for the fourth quarter and fiscal year ended December 31, 2022 ....
April 26, 2021 Analysts expect stock will narrow gap with top peers Shares of ICICI Bank jumped over 6 per cent in early trade on Monday as brokerages upgraded the stock following the lender’s strong performance in the quarter-ended March. According to analysts, the performance helped ICICI Bank narrow its gap with other private sector peers such as HDFC Bank and Kotak Mahindra Bank. After gaining 6.14 per cent to hit a day s high of ₹604.90 on the BSE, ICICI Bank shares closed at ₹590.75, up 3.63 per cent, over the previous day s close. Strong CASA ICICI Bank is well positioned on the liability side with retail deposits/CASA being 59 per cent/46 per cent of deposits which puts the bank in an advantageous position. This should help the bank in growing its balance sheet without hit on NIMs and without taking excessive balance sheet risk. Gross/net slippages/restructured loan trends in FY21 also reflect that worst of the asset quality pressure for the bank ....