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"Will RBI''s goal be achieved or is it just a dream?" After the monetary policy announcement, Reserve Bank of India (RBI) deputy governor T Rabi Shankar is seen aiming to reach one million users for his country''s central bank digital currency (CBDC) dubbed the Digital Rupee by the end of June 2023. While the RBI is still conducting pilot tests and does not have a specific timeline, Shankar said it will be a gradual change that focuses on internal learning through the use of CBDCs. For the record, the RBI has introduced the digital version of the rupee for large-scale transactions on November 1, 2022 and subsequently conducted the first test of the digital rupee for the general public on December 1, 2022. The CBDC pilot program will start in four cities, namely Mumbai, New Delhi, Bengaluru and Bhubaneswar then gradually expand to other cities such as Ahmedabad, Chandigarh, Gangtok, Guwahati, Hyderabad, Indore, Kochi, Lucknow, Patna and Shimla. Initially, only State Bank of India, ICICI Bank, YES Bank and IDFC First Bank were involved in the CBDC project but later Bank of Baroda, Union Bank of India, HDFC Bank and Kotak Mahindra Bank also joined.

Here is a look at the highest FD interest rates offered by private banks such as HDFC Bank, ICICI Bank, Yes Bank, Axis Bank and Kotak Mahindra Bank for amounts below Rs 2 crore on these tenors.

ET Now spoke to various experts and here''s what they have to recommend for today''s trading session. Kunal Bothra has a buy/sell recommendation on Maruti Suzuki and HDFC Bank while Nooresh Merani has a buy/sell recommendation on ICICI Bank and NTPC for today''s trading session. Check out the targets and stoploss.

Indian markets are expected to consolidate on Friday. The S&P BSE Sensex fell by 300 points while the Nifty50 slipped below 18700 levels. However, India VIX was down by 1.60%, and the volatility was low, comforting the bulls. The potential broader trading range is estimated to be within 18,450 to 18,900 zones, while the immediate trading range is forecasted between 18,550 to 18,800 zones. Various experts have listed different stock options for traders with a short-term trading horizon, including sell targets for TCS and Kotak Mahindra Bank and buy targets for Power Grid, HDFC Bank, Maruti Suzuki, Havells India, ICICI Bank, NTPC, and Tata Chemicals.

Icici Bank stock price went down today, 09 Jun 2023, by -0.28 %. The stock closed at 939.95 per share. The stock is currently trading at 937.3 per share. Investors should monitor Icici Bank stock price closely in the coming days and weeks to see how it reacts to the news.

Check ICICI BANK Full Analysis At Unicorn Signals ICICIBANK Weekly Outlook and Analysis: For the Week: (May 01, 2023 – May 05, 2023) BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS ICICIBank Share Price : 917.65 (NSE) ICICIBank closed the Week on Positive Note Gaining 3.61% Weekly High: 920.45 Weekly… The post ICICI Bank Outlook for the Week (May 01, 2023 – May 05, 2023) appeared first on Equitypandit .

Nine of the top-10 most valued firms together added Rs 1,84,225.43 crore in market valuation last week, with Reliance Industries Limited and State Bank of India emerging as the biggest gainers, in an overall bullish equity market trend. Last week, the BSE benchmark jumped 1,457.38 points or 2.44 per cent. Hindustan Unilever Limited was the only laggard from the top-10 pack. The market valuation of Reliance Industries zoomed Rs 48,238.78 crore to Rs 16,37,408.27 crore. State Bank of India''s market capitalisation (mcap) jumped Rs 31,325.39 crore to Rs 5,15,887.19 crore. The mcap of ICICI Bank rallied Rs 23,472.25 crore to Rs 6,40,949.71 crore and that of ITC climbed Rs 21,003.35 crore to Rs 5,28,377.17 crore. The valuation of Tata Consultancy Services (TCS) advanced Rs 19,886.94 crore to Rs 11,76,750.92 crore and that of Bharti Airtel gained Rs 18,874.22 crore to Rs 4,45,509.68 crore. Infosys added Rs 10,447.1 crore taking its market valuation to Rs 5,19,662.10 crore. HDFC Bank''s

The top-10 firms include Reliance Industries, TCS, HDFC Bank, ICICI Bank, Hindustan Unilever Limited, ITC, Infosys, State Bank of India, HDFC, and Bharti Airtel

Mumbai, April 28 Equity benchmark Sensex climbed over 460 points to reclaim the 61,000-mark while the Nifty closed above the 18,000-level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows. Wipro biggest gainer The Sensex jumped 463.06 points to settle at 61,112.44. The Nifty advanced 149.95 points to finish at 18,065, with 40 of its scrips ending in the green Wipro was the biggest gainer in the Sensex pack, rising 2.89%, followed by Nestle, SBI, Lamp;T, ITC, Tech Mahindra, Reliance Industries, Kotak Mahindra Bank and Bajaj Finance In contrast, Axis Bank, HCL Technologies, Titan, Hindustan Unilever, Bajaj Finserv and ICICI Bank were the major laggards, skidding up to 2.39% Rallying for the fifth straight session, the Sensex jumped 463.06 points to settle at 61,112.44. During the day, it surged 560.08 points to 61,209.46. The broader NSE Nifty advanced 149.95 points to finish at 18,065, with 40 of its scrips ending in the green. "Despite concerns about potentially weaker US GDP numbers and high inflation, the stronger-than-expected earnings reported by Meta propelled IT stocks to the forefront of the Wall Street rally. "The trend was reflected in the domestic market, as beaten-down IT stocks helped to lift broader market sentiment.

ICICI Bank wins the Company of the Year award at The Economic Times Awards for Corporate Excellence. The bank''s financial performance has improved significantly, with the Gross NPA ratio dropping to a 7-year low of 3.6% and RoA exceeding 2% for the first time in 7 years. This success can be attributed to the bank''s focus on retail, digital platforms, and improved provisioning for bad assets. Adapting to changing technology, widening reach and the universal banking online platform rank among ICICI''s major strengths.

The marginal cost of funds-based lending rate (MCLR) helps banks in determining the lowest interest rate for different loan categories. Below are the most recent MCLRs from ICICI Bank, Punjab National Bank (PNB), and Bank of India.

​In the near term, equity markets will likely take cues from global trends and RBI monetary policy due later this week. Investors will also keep a close watch on FII inflows after relentless selling for the past few months

ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 612059.46 Crore).

The leading private lender ICICI Bank launched its Golden Years FD fixed deposit (FD) programme specifically for senior citizens on May 21, 2020.

New Delhi: Nine of the top 10 valued firms together added Rs 2,34,097.42 crore in market valuation amid a positive trend in equities last week, with Reliance Industries emerging as the biggest gainer. The 30-share BSE benchmark jumped 1,464.42 points or 2.54 per cent in a holiday-shortened last week. Equity markets were closed Thursday on account of ‘Ram Navami’. The market valuation of Reliance Industries zoomed Rs 86,317.26 crore to Rs 15,77,092.66 crore, the most among the top-10 firms. Tata Consultancy Services (TCS) added Rs 30,864.1 crore, taking its valuation to Rs 11,73,018.69 crore. HDFC Bank’s market valuation rallied Rs 26,782.76 crore to Rs 8,98,199.09 crore and that of Infosys surged Rs 19,601.95 crore to Rs 5,92,289.92 crore. The market capitalisation (mcap) of Hindustan Unilever climbed Rs 18,385.55 crore to Rs 6,01,201.66 crore and that of ICICI Bank advanced Rs 17,644.35 crore to Rs 6,12,532.60 crore. State Bank of India’s mcap went up by Rs 16,153.55 crore to Rs 4,67,381.93 crore and that of HDFC jumped Rs 12,155.78 crore to Rs 4,82,001.12 crore.