ICICI Bank Share Price Live Updates: ICICI Bank's beta suggests increased risk
30 May 2025 | 08:41:21 AM IST Discover the ICICI Bank Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of ICICI Bank with the latest details, including: Last traded price 1456.5, Market capitalization: 1037308.79, Volume: 15545514, Price-to-earnings ratio 20.33, Earnings per share 71.65. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of ICICI Bank's performance. Stay informed about breaking news that can sway ICICI Bank's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of ICICI Bank. The data points are updated as on 08:41:20 AM IST, 30 May 2025 Show more
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
a day ago
- Business Standard
Market regulator Sebi move to clip HDFC, ICICI wings in Bank Nifty
The latest measures introduced by the Securities and Exchange Board of India (Sebi) for the futures & options (F&O) segment may adversely impact HDFC Bank and ICICI Bank stocks. Market participants anticipate a churn of nearly $1 billion as passive funds tracking the Bank Nifty and Bankex indices adjust to the new regulations. They expect significant selling pressure, particularly on HDFC Bank and ICICI Bank. Currently, both banking giants carry a weighting of over 25 per cent each in the 12-member Nifty Bank index, a widely followed benchmark in the derivatives segment. In a move aimed at reducing index concentration and volatility, the markets regulator has now capped the weighting of a single stock in non-benchmark indices at 20 per cent. It has also mandated that such indices must include at least 14 constituents, with the combined weighting of the top three components limited to 45 per cent. Experts said Sebi's move came amid fears that thematic indices run the risk of manipulation due to high concentration of individual stocks. These changes, announced by the markets regulator on Thursday, will be implemented by November 3. Brian Freitas of Periscope Analytics, who publishes research on the Smartkarma platform, expects significant outflows from HDFC Bank and ICICI Bank as a result of the changes. He estimates that HDFC Bank could face selling to the tune of ₹2,140 crore, while ICICI Bank may see ₹1,673 crore in sales, in line with the newly imposed 20 per cent cap on weightings. Conversely, Freitas anticipates the inclusion of Yes Bank and Union Bank of India in the Bank Nifty index, taking the total number of constituents to 14. Their additions are expected to trigger inflows of ₹888 crore and ₹600 crore for the respective stocks. Other Bank Nifty components may see inflows ranging from ₹60 crore to ₹400 crore due to redistribution of capital following the reduced weighting of HDFC Bank and ICICI Bank. While the recommendations must be implemented by November 3, it is likely that the index provider will make these changes during the next rebalance in September, according to Freitas. There is a small possibility that the capping changes could be implemented in the June quarter, with the two index inclusions occurring in the September quarter. Alternatively, the capping changes could be rolled out in two phases: The first at the end of June and the second (including the two inclusions) in September, he said. A phased rollout could help in smooth implementation. The churn resulting from the reconstitution of the Bankex will be in addition to this. However, this index is not as widely tracked by passive funds as the Bank Nifty index.
Mint
a day ago
- Mint
Applying for an ICICI credit card? Here's the credit score you should aim for
As of May 2025, ICICI Bank generally requires a credit score of 750 or above for considering and approving most of its credit applications i.e., personal loans and credit cards. A high credit score simply reflects respectable credit behaviour. It reassures lenders of timely repayments and reduces risk. As per ICICI Bank's official website, eligibility criteria vary across different card types and loan products. Still, a strong credit profile always remains a consistent pre-requisite for securing loans from ICICI Bank. Even the Reserve Bank of India (RBI) continues to highlight the importance of responsible credit underwriting by financial institutions. The regulator advises credit card users and borrowers to regularly monitor their credit scores on a consistent basis. This is important to avoid overleveraging and effective financial management, especially in an environment where financial awareness has limited reach. There are several factors that cumulatively influence the eligibility of individuals while they are applying for a credit card with ICICI Bank: Criteria ICICI Bank standard requirement Credit score A score of 750+ is preferred Minimum income ₹ 2.5 lakh annually (varies by card type) Employment type Salaried or self employed with steady income Existing debt loan Low debt to income ratio preferred Credit history Minimum 6 to 12 months of active credit usage Note: The criteria discussed above is illustrative in nature. For the detailed requirements on a case to case basis refer to the official website of ICICI Bank and discuss with the certified customer support executive. A very low credit score i.e., a score in the range of 650 to 749 might also assist in qualifying for select credit instruments from ICICI Bank but with reduced credit limits and several restrictions on repayments. There are also options of applying for secured credit cards such as ICICI Bank Instant Platinum Credit Card. This card provides for credit against a fixed deposit of ₹ 50,000 and does not require any credit score. 50,000 and does not require any credit score. An individual's credit utilisation ratio, repayment history, along with the total number of active credit accounts are increasingly used to carry out eligibility and background assessments. The ICICI Bank provides its credit card users with several unique credit card options. For example, for shopping (Amazon Pay), fuel (HPCL super saver), travel (MakeMyTrip) and premium users (Emeralde, Sapphiro). The bank also offers unique co-branded cards like the Manchester United credit card for individuals who are football lovers. For more information and related terms and conditions on the above discussed credit cards refer to the official website of ICICI Bank and its dedicated customer support team. Hence, a credit score of 750 or higher provides for the best chance for aspirational applicants of credit cards for an ICICI Bank credit card approval. Still, taking into consideration the credit integrity, repayment potential, credit history and existing liabilities are equally crucial. Therefore, as an applicant you should on your part ensure that you have a clean credit profile, a consistent repayment history and a sincere willingness to make on time repayments if you aspire to apply and secure a credit card or a personal loan from ICICI Bank. As such a behaviour will not only keep your credit score healthy, it will even boost your relationship with the bank in the long run. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
Economic Times
2 days ago
- Economic Times
ONGC Share Price Live Updates: ONGC's beta value highlights market correlation
30 May 2025 | 10:19:27 AM IST Welcome to the ONGC Stock Liveblog, your ultimate source for real-time updates and analysis of one of the most prominent stocks in the market. Stay on top of the game with our comprehensive coverage, featuring the latest details on ONGC stock, including: Last traded price 241.4, Market capitalization: 305700.78, Volume: 1738935, Price-to-earnings ratio 8.46, Earnings per share 28.74. Get a holistic view of ONGC with our expert insights into both fundamental and technical indicators. Stay ahead of the curve as we bring you breaking news that can impact the stock's performance. Whether you're a seasoned investor or a curious market enthusiast, rely on us to provide you with valuable information and informed recommendations. Join us on this journey as ONGC thrives in the ever-changing market landscape. The data points are updated as on 10:19:27 AM IST, 30 May 2025 Show more
