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Automobiles > Auto Finance > ICICI Bank | | ICICI Bank |  | ICICI Bank Two Wheeler Loans offers a finance facility up to 85% of the On Road Cost of the vehicle, repayable in convenient repayment options and comfortable tenures from 6 months to 36 months. Two Wheeler Finance facility is available in a wide range of options to suit your requirements. We provide finance for all models of motorcycles, mopeds, scooterettes and scooters of Hero Honda, Bajaj, TVS, HMSI,Hero Motors, Suzuki,Yamaha, Kinetic Honda & Royal Enfield . | | Visit Website |
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| Contact Details |
| corporate office: | ICICI Bank Towers Bandra-Kurla Complex Mumbai, MH, 400051 Phone : +91-22-26531414
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| News |
ICICI Bank Rating: Buy; Comfort in a difficult environment Posted on 31st August 2019 |
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ICICI Bank’s (ICICIBC’s) annual report reaffirms our view that the bank is progressing well in its endeavour to strengthen balance sheet with strong focus on retail franchise. While its retail portfolio has been leading overall loan growth, GNPA has remained stable at 1.7% for many years; also, retail fees contribute over 70% to total fees. Concentration of the top-20 advances/exposures improved by 206bp/208bp to 12.1%/ 11.9% during the year. On the liability side, concentration of the top-20 depositors improved by ~50bp to 5.7%. Read More |
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ICICI Bank: Preferred pick with TP unchanged at Rs 500 Posted on 31st July 2019 |
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Q1FY20 was strong for ICICI Bank marked by significantly higher-than-expected PAT of Rs 19.1 billion (our estimate: Rs 16.7 billion) primarily on lower provisions (down 41.5% year-on-year). Key highlights of Q1: (a) domestic advances growth improved to 17.9% y-o-y — retail book (up 22.4%); (b) decline in BB and below rated pool to 2.6% of loans vs 3% in Q4FY19; and (c) headline asset quality improved with GNPA down 21 bps quarter-on-quarter at 6.5%. Read More |
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ICICI Bank posts standalone net profit of Rs 1,908 crore for June quarter Posted on 27th July 2019 |
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Improvement in asset quality led ICICI Bank to report a consolidated net profit of Rs 2,513.69 crore for the June quarter on Saturday, against Rs 4.93 crore profit in the year-ago period. On a standalone basis, the second largest private sector bank by assets reported a net profit of Rs 1,908 crore against a Rs 119 crore loss for June 2018. Read More |
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ICICI Bank launches new digital platform for MSMEs Posted on 18th July 2019 |
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India's second-largest lender ICICI Bank has launched a new digital platform for micro, small and medium enterprises (MSMEs) and self-employed customers to enable them to undertake their business banking transactions digitally. Called, 'InstaBIZ', it allows customers to avail as many as over 115 products and services in a digital and secure manner on their mobile phone or internet banking platform. Read More |
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