ICICI Bank Ltd.

BSE: 532174 | NSE: ICICIBANK
Large Cap | Bank - Private
1264.80
-12.90 (-1.01%)
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ICICI Bank edges higher on the BSE

Date: 05-12-2012

ICICI Bank is currently trading at Rs 1,121.80, up by 2.65 points or 0.24% from its previous closing of Rs 1,119.15 on the BSE.

The scrip opened at Rs 1,121.90 and has touched a high and low of Rs 1,128.00 and Rs 1,108.00 respectively. So far 170776 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1,128.00 on 05-Dec-2012 and a 52 week low of Rs 641.00 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs 1,128.00 and Rs 1,045.00 respectively. The current market cap of the company is Rs 128907.56 crore.

The promoters holding in the company stood at 36.40% while Institutions and Non-Institutions held 25.38% and 38.22% respectively.

The Reserve Bank of India (RBI), to ensure compliance of global prudential norms and reduce supervisory overlap, has set up two supervisory bodies for State Bank of India (SBI) and private sector lender, ICICI Bank. The objective of establishing supervisory college is to deal with supervisory issues revolving around these banks and establish a co-operation mechanism for cross-border supervision.

Supervisory colleges have evolved the world over as an important component of effective supervisory oversight of an international banking group. This mechanism was developed with the aim of reducing supervisory overlap and filling in supervisory gaps for better supervisory co-operation enunciated in Basel II Framework. The concept was enunciated in the Basel Committee for Banking Supervision (BCBS) October 2010 Document, 'Good Practice Principles on Supervisory Colleges'.

For State Bank of India (SBI) there are nine host country supervisors. These are, Bangladesh Bank, Central Bank of Bahrain, National Bank of Belgium, Dubai Financial Services Authority, Financial Services Authority (London), Federal Financial Services Authority (BaFin), Bank of Mauritius, Nepal Rastra Bank and Monetary Authority of Singapore. Meanwhile, ICICI Bank has seven host country supervisors. These are Central Bank of Bahrain, National Bank of Belgium, Dubai Financial Services Authority, Financial Services Authority (London), Federal Financial Services Authority (BaFin), Bank of Russia and Monetary Authority of Singapore.