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Indian insurer ICICI Lombard's Q2 profit jumps on strong motor, health segments

Indian insurer ICICI Lombard's Q2 profit jumps on strong motor, health segments Oct 18 (Reuters) - India's ICICI Lombard General Insurance ICIL.NS reported a 20% increase in its second-quarter profit on Friday, aided by higher premiums in its motor and health insurance units. The company's profit after tax rose to 6.94 billion rupees ($82.6 million) for the three months ended Sept.
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Indian shares rebound after 3-day slump but weekly losses continue

INDIA STOCKS-Indian shares rebound after 3-day slump but weekly losses continue Updates with closing levels By Hritam Mukherjee Oct 18 (Reuters) - Indian shares snapped a three-day losing streak on Friday as gains in Axis Bank AXBK.NS lifted heavyweight financials, although foreign fund outflows dragged down the benchmarks to a third weekly loss. The Nifty 50 index .NSEI closed 0.42% higher to 24,854.05 points as of 3:30 p.m.
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Indian private banks gain as Axis Q2 results fuel optimism

BUZZ-Indian private banks gain as Axis Q2 results fuel optimism ** Nifty Private Bank index .NIFPVTBNK up 2%, set for its biggest intraday pct gain since July 3; benchmark Nifty 50 NSEI up 0.4% ** Axis Bank AXBK.NS , which reported a bigger-than-expected Q2 profit, rises 5.5%; top gainer on the index ** Private banks are up on expectations that they will also report strong earnings - Saurabh Jain, assistant vice president of research of retail equities at SMC Global Securities ** ICICI Bank ICBK
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India economic, corporate events on October 18

DIARY- India economic, corporate events on October 18 BENGALURU, Oct 18 (Reuters) - Diary of India economic, corporate events on October 18. ECONOMIC, CORPORATE .BSE500 EVENTS: Key Speaker Local Time Location India Commerce Minister 1615 Industry event, New Delhi India Commerce Minister 1745 Industry body ICC event, New Delhi RIC Local Start Date Local Time Indicator Name Period Reuters Poll Prior INLOAN=ECI 18 Oct 2024 17:00 Bank Loan Growth 4 Oct, w/e 13.0% INDEP=ECI 18 Oct 2024 17:00 Deposit
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ICICI Bank Says RBI Imposes Fine Of 211,000 Rupees On Bank

BRIEF-ICICI Bank Says RBI Imposes Fine Of 211,000 Rupees On Bank Oct 16 (Reuters) - ICICI Bank Ltd ICBK.NS : RBI IMPOSES FINE OF 211,000 RUPEES ON CO Source text for Eikon: ID:nNSE10FmSj Further company coverage: ICBK.NS
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