ICICI Bank

Open: 23.08 Close: 23.13 Change: 0.05

You're running out of time to find out about ICICI Bank Stock using an AI.

The game is changing. There is a new strategy to evaluate ICICI Bank fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about ICICI Bank are: Bank, ICICI, ICICi, share, delist, Ltd, Securities, …

Concept Map

Semantic Network

Stock Summary

ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings,.

Today's Summary

Goldman Sachs Group cut shares of ICICI Bank from a “conviction-buy’s” rating to a ‘buy” in a research report on April 7th. ICICi Bank board will consider the delisting of shares of its broking firm.

Today's News

ICICI Bank Ltd. (IBN) Domestic Loans, High Rates Aid Amid Cost Woes Zacks Equity Research: Domestic loans represent a substantial part of its overall loans (96.7% as of Mar 31, 2023) ICICI Bank recently partnered with Zomato on May 5, 2023. The service has been launched in partnership with ICICi Bank and it and it will enable Zomatar users in the country to make direct payments. ICICI Bank weighing up delisting of its broking firm ICICi Securities (ICCI.NS) The news prompted a 10% rally in the shares of the $2.4 billion unit. The bank raised a less-than-expected $540 million from the IPO and the brokerage tanked 16% on debut. Goldman Sachs Group cut shares of ICICI Bank from a “conviction-buy’s” rating to a ‘buy” in a research report on Friday, April 7th. StockNews.com assumed coverage on ICICi Bank in a report. ICICI Securities will become a 100 per cent subsidiary of ICICi Bank upon delisting. Delisting process is anticipated to take approximately 12-15 months to complete. As of March 2023, ICI Bank already owned a 74.85 per cent stake. ICICI Bank Ltd has fallen 1.13% over the past month, closing at $22.88 on May 30. The lender added that there will not be any impact on ICICi Banks capital adequacy as a result of deal. ICICI Bank board will consider the delisting of shares of ICICi Securities Limited in its board meeting on Thursday, June 29. Board of directors at its meeting held on Thursday approved the draft scheme of arrangement for the delisted of equity shares. ICICI Bank Ltd. has informed that it enclosed intimation received from Registrar and Transfer Agent of the Bank regarding loss of share certificates.

Stock Profile

"ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and time, fixed, recurring, and security deposits. It also provides home, car, two-wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, including working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and overdraft facilities, as well as loans for new entities, card swipes, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, initial public offerings, and other online investment services; and agri and rural business, farmer finance, tractor loans, and micro banking services, as well as other services to agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial and investment banking, capital market, custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India."

Keywords

Are looking for the most relevant information about ICICI Bank? Investor spend a lot of time searching for information to make investment decisions in ICICI Bank. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about ICICI Bank are: Bank, ICICI, ICICi, share, delist, Ltd, Securities, and the most common words in the summary are: bank, icici, market, stock, exhibit, news, share, . One of the sentences in the summary was: ICICi Bank board will consider the delisting of shares of its broking firm.. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #bank #icici #market #stock #exhibit #news #share.