ICICI Bank Share Price Live Today - ICICI Bank Stock Price Live Update - mymoneykarma

ICICI Bank's Wealth and Recent Performance:

1. As the quarter ended on 31 December 2017, the total domestic loan growth of ICICI Bank grew by 16% compared to 13% the previous year.
2. As of 30 September 2017, the retail loans of the bank stood at 19%. Whereas, by the end of December 2017, the retail loans increased to 22%.
3. In the last quarter of 2017, ICICI Bank reported a decline in their gross non-performing asset (NPA). The NPA of the bank stood at Rs.4.380 crore on 31 December 2017 which was Rs.4,674 crore on 30 September 2017 and Rs.7,037 crore on 31 December 2016. In the books of the bank, Non-performing assets refer to those loans that are in default status or arrears. In most cases, it means debt that is not paid or long overdue. Therefore, a decrease in NPA implies that the bank has addressed the issue and have taken measures to curb the adverse effects of high NPA.
4. The Net NPA ratio of ICICI Bank also decreased to 4.20% as of 31 December 2017 from 4.43% on 30 September 2017.
5. The Current and Savings Ratio (CASA) of the bank stood at 50.4% as of 31 December 2017.
6. Also, the Core operating profit minus treasury income and exchange rate gains regarding overseas operations grew by 10% to Rs.4,992 crore in Q3 of the financial year 2017-2018 which was Rs.4,549 crore in Q3 2017.
7. The provisions of the bank also reduced substantially from Rs.4,503 crore in Q2 of 2017-2018 to Rs.3,570 crore in the third quarter of 2018.
8. The net interest income of ICICI Bank grew by 6% on a year-on-year basis in the quarter ended on 31 December 2017. The net interest income of the bank in the quarter ended 31 December 2016 was Rs. 5,363 crore.
9. The consolidated profit after tax was Rs.1,894 crore in Q3- 2018 compared to Rs.2,071 crore in Q2-2018 and Rs.2,611 crore for Q3-2017.
10. The year-on-year credit growth in domestic advances was 13% as of 30 September 2017. By the end of 31 December 2017, the credit growth increased to 16%.
11. CASA deposits also increased by 12% year-on-year to Rs.260,635 crore by 31 December 2017. The CASA ratio of ICICI Bank stood at 50.4% as of 31 December 2017 compared to 49.5% at 30 September 2017 and 49.9% at 31 December 2016.

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A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

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BHEL Share Price Live Update - BHEL Stock Price Today - mymoneykarma

BHEL is a PSU (public sector undertaking) of the Government of India. Heavy Electricals (India) Limited merged with BHEL in the year 1964.  At present, BHEL is the largest company in India which is dealing in power generation and heavy electrical equipment manufacturing. It was converted into a public company in 1991.  BHEL has proceeded to supply equipment in 2017, which generated 55% of the country's total installed power generation capacity. Besides power generation, BHEL has also branched out into areas like water treatment.

Mr. Atul Sobti, the Chairman & Managing Director of the company, heads BHEL whereas, Mr. Subrata Biswas and Mr. Amitabh Mathur are the Executive Directors. The company is listed on the BSE as 500103 and on the NSE as BHELEQ. Investors can buy and sell the shares of BHEL on both of these exchanges. Moreover, it is also listed in other stock exchanges like  Bangalore Stock Exchange, Calcutta Stock Exchange Association, MCX Stock Exchange, etc. and in several indices as well like NIFTY100, Sensex Next 50, etc. As of March 6, 2018, BHEL’s market capitalization stands at over Rs.33,000 crore. BHEL share price fluctuates at every moment and thus it is very important for all potential investors to keenly study the performance of the company’s shares before investing in it.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

ICICI Bank Stock Price Live - ICICI Bank Share Price In NSE & BSE - mymoneykarma

ICICI Bank Stock Information :

Information About ICICI Bank:

ICICI Bank is one of the premier Indian multinational banks. The bank has more than 4500 offices and has marked its presence in more than 19 countries across the world. The bank has recorded profit after tax of Rs.98.01 billion, as of 31 March 2017. From investment banking and insurance to venture capital and asset management, ICICI Bank is known for many financial services.

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, popularly called BSE, is Asia's first and oldest stock exchange. Located at Dalal Street in Mumbai, the BSE was formally established in 1875 by an influential stockbroker and businessman called Premchand Roychand. In the initial days, the BSE had its meetings under several Banyan trees in Mumbai before finding a permanent place, which is very appropriately named Dalal Street or Broker Street.

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MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Axis Bank Share Price - Axis Bank Stock Price Live In NSE & BSE - mymoneykarma

Why Invest in Axis Bank?

Since the last couple of years, not only private sector banks have done exceptionally well, but they have also outperformed public sector banks. Especially in the case of non-performing assets, which the private banks have handled superbly. Their net NPA and gross NPA counts are far better than that of Public Sector Banks which, in turn, speaks of their asset quality.

NIFTY Index

The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'.

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MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

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Information About Infosys Ltd Stocks Price:

Infosys is a global pioneer in IT, end-to-end outsourcing, and consulting services. Its clientele is spread across 45 countries, which are continually being helped by Infosys in their journey towards digital transformation. Its software-related products have assisted companies in several domains such as manufacturing, finance, banking, insurance, et cetera.

National Stock Exchange (NSE)

NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized electronic exchange which operated on a completely automated screen-based electronic trading system, offering an easy trading facility to all Indian investors.
About MyMoneyKarma:

MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

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GET Suzlon share/stock prices, along with historic price charts for Suzlon NSE/BSE Live share/stock Price. Click here to get the LIVE and updated market price from mymoneykarma

Bombay Stock Exchange (BSE)

The BSE or the Bombay Stock Exchange is Asia's oldest and first stock exchange. It is located in Mumbai, erstwhile Bombay, and it was formally established in 1875. An influential stockbroker and a businessman, Premchand Roychand, along with a handful of acquaintances, started the BSE journey in 1855. The BSE had its meetings under Banyan trees in its initial days.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Yes Bank Share Price Live In NSE & BSE - Yes Bank Stock Price - mymoneykarma

Information About Yes Bank Share Price:

Yes Bank is a private sector bank in India founded in 2004 by Mr.Rana Kapoor and Ashok Kapur. In just 14 years since its establishment, the bank has become the fourth largest private bank in the country. This tremendous accomplishment has been achieved primarily due to Yes Bank's vision to provide high-quality and customer-driven services. The bank has its presence in 29 states and 7 Union Territories through more than 600 branches and 3,500 plus ATMs. It focuses on becoming the 'Best Quality Bank of the World in India' by the year 2020.

Bombay Stock Exchange (BSE)

The BSE or the Bombay Stock Exchange is Asia's oldest and first stock exchange. It is located in Mumbai, erstwhile Bombay, and it was formally established in 1875. An influential stockbroker and a businessman, Premchand Roychand, along with a handful of acquaintances, started the BSE journey in 1855. The BSE had its meetings under Banyan trees in its initial days. The group grew and eventually moved to a permanent place in 1874. BSE’s office is very appropriately named ‘Dalal Street’ which translated to Broker Street in Hindi.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

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National Stock Exchange (NSE)

NSE was mainly a Government of India initiative that aspired to bring transparency to the Indian capital market. A group of leading Indian financial institutions, upon the government's instruction, joined their resources to set up the exchange. Established in 1992, NSE was the first demutualized electronic exchange of India. It was the first exchange in India that operated on an entirely automated, digital screen-based electronic trading system. The platform offered an easy trading facility and connected the investor base of the entire country. NSE has immensely expanded ever since and currently extends its services to various segments, such as equity derivatives, trading, debt and currency derivatives, clearing and settlement services in equity, etc.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

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The BSE or the Bombay Stock Exchange is Asia's oldest and first stock exchange. It is located in Mumbai, erstwhile Bombay, and it was formally established in 1875. An influential stockbroker and a businessman, Premchand Roychand, along with a handful of acquaintances, started the BSE journey in 1855. The BSE had its meetings under Banyan trees in its initial days.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Maruti Share Price Live In NSE & BSE - Maruti Stock Price Live Update - mymoneykarma

SENSEX Index

Just like NSE's Nifty 50, BSE's stock market index is called Sensex. The word 'Sensex' is a combination of the words 'Sensitive' and 'Index.' It is also known by the names of BSE 30 and S&P BSE SENSEX. It comprises of 30 well-established and financially thriving companies among the ones listed on BSE. 

History of Maruti Suzuki India Ltd:

The Maruti enterprise was established in February 1981, but production began only in the year 1983. It started manufacturing with Maruti 800 from the concept of Suzuki Alto Kei Car. A private enterprise was inaugurated on November 16, 1970, with an objective to provide technical knowledge for the manufacturing, design, and assembly of an entirely original motor car.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.

Unitech Stock Price - Unitech Share Price - Live In NSE & BSE - mymoneykarma

GET Unitech share/stock prices, along with historic price charts for Unitech NSE/BSE Live share/stock Price. 

Similar to NSE's Nifty 50, BSE also has a stock market index known as Sensex. The word comes from the words 'Sensitive' and 'Index,' and is basically a portmanteau of the two. BSE 30 and S&P BSE SENSEX are two other names of this index. Sensex constitutes the top 30 financially flourishing and well-established companies from the ones listed on BSE. These companies typically represent diverse industrial sectors of the country's economy to ensure a holistic calculation. Usually, these are the companies that have the largest and most actively traded stocks. SENSEX is broadly reported through both print and electronic media in national as well as international markets. The scientifically designed indexing system is based on globally accepted construction and review methodologies. It is being calculated on the basis of a free-float market capitalization methodology since September 2003.

About MyMoneyKarma: MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.