US Exim Bank to increase Indian infrastructure portfolio, enters pacts with ICICI Bank, others The Export Import (Exim) Bank of the US, the US government's official export credit agency, has signed an agreement with India's top private sector bank, ICICI Bank, to provide $250 million worth of credit support to international banks for financing of capital goods imports by Indian corporates from the US. 19 Aug 2008
ICICI Bank's Q4 net profit up 39 percent, recommends 110 percent dividend payout India's second largest bank, ICICI Bank has reported strong fourth quarter results and beat market expectations, posting net profit after tax (PAT) year-on-year (YoY) growth at 39 percent even though it was hit by losses due to its exposure to the credit derivatives market overseas. 28 Apr 2008
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Mahindra & Mahindra, ICICI consortium buys Italian gear maker Metalcastello A consortium of India's largest utility vehicle maker, Mahindra & Mahindra Ltd. (M&M) and private equity firm, ICICI Venture Funds has signed a definitive agreement to acquire 100 percent stake in Italian gear manufacturer Metalcastello. 04 Apr 2008
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ICICI now in the 'Big Apple' ICICI Bank, India's largest private sector bank, has commenced its operations in the US market by inaugurating its first ever branch in no other city than the 'Big Apple' - New York. 05 Mar 2008
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ICICI Bank eyeing broking arm IPO: Traders India's most-valuable lender, ICICI Bank, may be planning an initial public offer in its investment banking and broking unit, traders and analysts said on Monday, sending its shares soaring more than 6 percent. 07 Jan 2008
India M&A push undeterred by credit woes Armed with strong balance sheets, willing local lenders and unrelenting ambition, Indian companies are well positioned to navigate the credit crunch and maintain their global buying spree, but must be flexible on financing. 07 Dec 2007
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ICICI Bank aims for 30-35 percent growth India's second-largest bank, ICICI Bank, is aiming for growth of 30 to 35 percent over the next three years as strong economic growth underpins investment and corporate loan demand, its joint managing director said. 06 Dec 2007
