ICICI Bank Ltd.

BSE: 532174 | NSE: ICICIBANK
Large Cap | Bank - Private
1266.15
1.35 (0.11%)
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ICICI Bank surges on tying up with UAE-based bank

Date: 22-04-2015

ICICI Bank is currently trading at Rs. 314.40, up by 3.55 points or 1.14% from its previous closing of Rs. 310.85 on the BSE.

The scrip opened at Rs. 312.65 and has touched a high and low of Rs. 314.80 and Rs. 312.30 respectively. So far 64689 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. 247.00 on 30-Apr-2014.

Last one week high and low of the scrip stood at Rs. 322.35 and Rs. 308.25 respectively. The current market cap of the company is Rs. 180228.85 crore.

The institutions and non-institutions held 62.78% and 8.16% stake in the bank, respectively.

In a bid to offer an instant remitting service to Indians residing in the Gulf nation, India’s largest private sector lender ICICI bank has tied up with a leading UAE-based bank. The tie up with Emirates NBD enables customers to transfer funds to account holders of ICICI bank in India within a minute through the DirectRemit service.

The customers can avail themselves of this service through internet banking, mobile banking and ATMs of Emirates NBD.

ICICI Bank is India’s largest private sector bank with consolidated total assets of $124.76 billion at March 31, 2014. 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.