Posts

Showing posts with the label ICICI bank

ICICI Bank Q1 net declines 8% to Rs 2,049 cr

Image
However, net interest income rises 8% to Rs 5,589 cr LATEST NEWS :     Country's largest private lender ICICI Bank reported 8% dip in net profit at Rs 2,049 crore for quarter ending June 2017 as against Rs 2,232 crore a year ago. However, net interest income rose 8% to Rs 5,589 crore as compared to Rs 5,158 crore in June 2016. Gross NPAs in Q1FY18 were 7.99% versus 7.89% in Q4FY17 and net NPAs were 4.86% in Q1FY18 versus 4.89% in Q4FY17. Net loans to companies whose facilities have been restructured were Rs 2,370 crore as compared to Rs 4,265 crore in March 31, 2017. On Thursday, the lender's stock on BSE closed 1% lower at Rs 307. READ THIS : Official: SSC releases admit cards for 2017 CGL Exam I

Laptop at Rs 999 per month: Flipkart joins hands with HP, Intel, Microsoft

Image
This collaboration is an effort to tap college students and first-time PC buyers Latest news : E-commerce marketplace Flipkart on Monday announced that it has collaborated with HP, Intel and Microsoft so that consumers can buy HP Intel Core i3 Windows 10 laptop for Rs 36,000 at Rs 999 per month by availing a 36-month EMI option. This collaboration is an effort to tap college students and first-time PC buyers. Flipkart has also partnered with ICICI Bank and CitiBank to provide hassle-free financing options to consumers. "With Flipkart's wide market reach combined with an industry-first affordable 36-month EMI option, we are certain that this offering is a winning combination and will strike a chord with our customers reinforcing our undisputed position as laptop market-leaders in the country," Amitesh Jha, Vice President - Electronic Devices at Flipkart, said in a statement. The initiative enhances Flipkart's wide selection of laptops curated for its...