UPDATE 2-Yes Bank loses $3.1 bln in market value after Indian cbank curtails CEO's term [Reuters (UK)]
ICICI Bank Limited (IBN)
US:NYSE Investor Relations:
icicibank.com/aboutus/invest-relations.page
Company Research
Source: Reuters
UPDATE 2-Yes Bank loses $3.1 bln in market value after Indian cbank curtails CEO's term | Reuters 5 Min Read * Lender’s shares fall by nearly a third * RBI move shows assertive approach in tackling bad debt problem * Brokerages downgrade stock, cite ‘uncertainty’ (Adds comments from fund manager and analyst) By Abhirup Roy and Tanvi Mehta MUMBAI/BENGALURU, Sept 21 (Reuters) - Indian private sector lender Yes Bank Ltd’s shares tumbled nearly a third on Friday, wiping as much as $3.1 billion off its market value, after the central bank reduced charismatic CEO Rana Kapoor’s term, creating uncertainty about its outlook. The Reserve Bank of India (RBI) said late on Wednesday Kapoor can serve as the lender’s chief executive only till Jan 31 next year, after shareholders voted in June to extend his term for three years, pending its approval. Though the central bank did not give a reason for its decision, the move, according to market insiders, exemplifies the RBI’s increasingly assertive app
Show less
Read more
Impact Snapshot
Event Time:
IBN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBN alerts
High impacting ICICI Bank Limited news events
Weekly update
A roundup of the hottest topics
IBN
News
- ICICI Lombard's Q4 profit rises on higher premiums earned [Reuters]Reuters
- India swaps suggest cenbank now likely to hold rates through 2024 [Reuters]Reuters
- India's Vishal Mega Mart Said to Pick Kotak, ICICI for Mega IPO [BNN Bloomberg (Canada)]BNN Bloomberg
- IOPP: Investing In India With A Hedge Fund Manager [Seeking Alpha]Seeking Alpha
- Goldman Sees Indian Banks' Profitability Coming Under Pressure [BNN Bloomberg (Canada)]BNN Bloomberg
IBN
Sec Filings
- 4/19/24 - Form 6-K
- 4/19/24 - Form 6-K
- 4/19/24 - Form 6-K
- IBN's page on the SEC website