ICICI Bank rises on the BSE

ICICI Bank is currently trading at Rs. 886.45, up by 3.85 points or 0.44% from its previous closing of Rs. 882.60 on the BSE.

The scrip opened at Rs. 881.55 and has touched a high and low of Rs. 886.95 and Rs. 880.60 respectively. So far 156911 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 958.00 on 30-Nov-2022 and a 52 week low of Rs. 670.35 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 889.95 and Rs. 864.45 respectively. The current market cap of the company is Rs. 617311.38 crore.

The Institutions and Non-Institutions held 89.53% and 10.47% respectively stake in the company.

ICICI Bank has introduced easy EMI facility for UPI payments made by scanning QR code. Customers eligible for PayLater, the Bank’s ‘buy now, pay later’ service can avail of the EMI facility in an instant, easy and seamless manner. This first-of-its-kind facility enhances affordability of lakhs of the Bank’s customers as they can now instantly buy products or services just by scanning the required merchant QR code at a store and making payments in EMIs.

The facility can be availed across a host of categories such as electronics, groceries, fashion apparels, travel and hotel bookings. Customers can pay transaction amount above Rs 10,000 in easy instalments in three, six or nine months. The EMI facility for PayLater will shortly be extended for online shopping as well.

ICICI Bank is a leading private sector bank in India.