ICICI Bank gains on selling its Russian subsidiary IBEL to Sovcombank

ICICI Bank Ltd. | Bank - Private | BFSI | BSE: 532174 | NSE: ICICIBANK

18 Mar 2015 Evaluate

ICICI Bank is currently trading at Rs 334.45, up by 0.15 points or 0.04% from its previous closing of Rs. 334.30 on the BSE.

The scrip opened at Rs. 333.00 and has touched a high and low of Rs. 336.50 and Rs. 331.10 respectively. So far 580422 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 393.30 on 28-Jan-2015 and a 52 week low of Rs. 238.40 on 07-Apr-2014.

Last one week high and low of the scrip stood at Rs. 346.20 and Rs. 325.70 respectively. The current market cap of the company is Rs. 194074.58 crore.

The Institutions and Non-Institutions held 63.27% and 7.66% respectively.

ICICI Bank, India’s largest private sector bank, has concluded the sale of its Russian subsidiary ICICI Bank Eurasia Limited Liability Company (IBEL) to Sovcombank, a mid-sized Russian bank. The sale has concluded on March 17, 2015.

Earlier on December 2014, the bank has received its board approval for sale of its shareholding in IBEL to Sovcombank, an unrelated third party Russian bank. As of September 30, 2014, IBEL had total assets of RUB 4.5 billion and paid-up equity capital of RUB 1.6 billion. IBEL’s profit after tax in the six months ended September 30, 2014 was RUB 28 million.

ICICI Bank is India’s largest private sector bank. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank’s presence currently spans across 18 international locations.

ICICI Bank Share Price

1264.80 -12.90 (-1.01%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
HDFC Bank	781.20
ICICI Bank	1264.80
Axis Bank	1269.40
Kotak Mahindra Bank	380.75
Indusind Bank	949.85
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