UPDATE 1-India calms cash crunch worries, will ensure adequate currency supply [Reuters (UK)]
ICICI Bank Limited (IBN)
US:NYSE Investor Relations:
icicibank.com/aboutus/invest-relations.page
Company Research
Source: Reuters
UPDATE 1-India calms cash crunch worries, will ensure adequate currency supply | Reuters Reuters Staff 4 Min Read (Adds RBI comment) By Suvashree Choudhury MUMBAI, April 17 (Reuters) - India’s government and the central bank said on Tuesday they will ensure there is an adequate amount of cash in circulation, following reports that banks’ automated teller machines (ATMs) had run out of notes in different parts of the country. The RBI said it had ramped up printing of notes here despite having sufficient cash in its vaults and currency chests. “As a matter of abundant precaution, RBI is also taking steps to move currency to areas which are witnessing unusually large cash withdrawals,” the central bank said in a statement late on Tuesday. Cash withdrawals in India go up during the crop harvest season, which is usually during March to April, and then during the festival season in October. But there has been an unusual rise in currency demand in the last three months. That is a source of w
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
- 3/29/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/22/24 - Form 6-K
- IBN's page on the SEC website