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ICICI Bank inches up on opening service center in Bahrain

ICICI Bank is currently trading at Rs. 527.05, up by 0.45 points or 0.09% from its previous closing of Rs. 526.60 on the BSE.

The scrip opened at Rs. 526.90 and has touched a high and low of Rs. 529.50 and Rs. 524.80 respectively. So far 88430 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 537.30 on 05-Dec-2019 and a 52 week low of Rs. 335.90 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 537.30 and Rs. 509.55 respectively. The current market cap of the company is Rs. 340331.74 crore.

The Institutions and Non-Institutions held 88.90% and 11.10%, stake in the bank respectively.

ICICI Bank has opened new service center in Bahrain in Middle East. The new service center will provide services for all products offered by the Manama branch, except cash deposit and withdrawal. The bank already has a retail branch at the local Manama Centre.

The bank will offers products, specially designed for customers in Bahrain, such as savings and current account, fixed deposits and global money transfer, life insurance products, and general insurance products.

ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.

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