Girish Chaturvedi - ICICI Bank Chairman
| IBN Stock | USD 27.96 0.34 1.23% |
Chairman
Mr. Girish Chandra Chaturvedi is Additional Independent NonExecutive PartTime Chairman of the Board of the Company. He holds M.Sc. Social Policy and Planning in Developing Countries, London School of Economics, University of London, United Kingdom M.Sc. Physics, University of Allahabad. Professional Experience Rich and wide experience of more than 40 years. Indian Administrative Service Served in Government of India at various levels across a number of sectors, including Banking, Insurance, Pension, Health, Family Welfare and Petroleum and Natural Gas. Key positions Secretary Ministry of Petroleum and Natural Gas, Special Director General Organizing Committee Commonwealth Games, Ministry of Youth Affairs and Sports, AdditionalJoint Secretary, Department of Financial Services, Ministry of Finance and Additional Secretary Mission Director, National Rural Health Mission, Ministry of Health Family Welfare. Served in the State Government of Uttar Pradesh in various capacities at important positions, including, Secretary to Chief Minister, Secretary Family Welfare, Additional CEO Greater NOIDA Industrial Development Authority, Trade Tax Commissioner, Managing Director UP State Spinning Company and District MagistrateCollector at Muzzafarnagar, Saharanpur and Meerut. Directorship across various companies Served as Chairman of Pension Fund Regulatory Development Authority, Petronet LNG Ltd, Indian Strategic Petroleum Reserves Ltd and Oil Industries Development Board. Served as Director on the Boards of Canara Bank, Bank of Baroda, IDBI Bank Ltd, IDFC Ltd, GIC Re of India, New India Assurance Co. Ltd, United India Insurance Co. Ltd, Agriculture Insurance Co. of India, Institute of Banking Personnel Selection and National Insurance Academy. since 2018.
| Age | 67 |
| Tenure | 7 years |
| Address | ICICI Bank Towers, Mumbai, India, 400051 |
| Phone | 91 22 2653 6173 |
| Web | https://www.icicibank.com |
ICICI Bank Management Efficiency
The company has Return on Asset of 0.0216 % which means that on every $100 spent on assets, it made $0.0216 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1873 %, implying that it generated $0.1873 on every 100 dollars invested. ICICI Bank's management efficiency ratios could be used to measure how well ICICI Bank manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ICICI Bank's Return On Tangible Assets are very stable compared to the past year. As of the 25th of January 2025, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.05. At this time, ICICI Bank's Return On Tangible Assets are very stable compared to the past year. As of the 25th of January 2025, Return On Assets is likely to grow to 0.02, though Other Assets are likely to grow to (56.7 B).Similar Executives
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Management Performance
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0216 |
ICICI Bank Limited Leadership Team
Elected by the shareholders, the ICICI Bank's board of directors comprises two types of representatives: ICICI Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ICICI. The board's role is to monitor ICICI Bank's management team and ensure that shareholders' interests are well served. ICICI Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ICICI Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Neelam Dhawan, Additional Non-Executive Independent Director | ||
| Akashdeep Sarpal, Country USA | ||
| Sandeep Batra, President, Executive Director | ||
| Rakesh Jha, Group Executive and Chief Financial Officer | ||
| Subramanian Madhavan, Non-Executive Independent Director | ||
| Prachiti Lalingkar, Company Officer | ||
| Girish Chaturvedi, Additional Independent Non-Executive Part-Time Chairman of the Board | ||
| Laxminarayan Achar, Chief Accountant | ||
| Rama Bijapurkar, Non-Executive Independent Director | ||
| Sandeep Bakhshi, Chief Executive Officer, Chief Operating Officer - Designate, Managing Director, Whole Time Director | ||
| ACS BCom, Pres Director | ||
| B Sriram, Non-Executive Independent Director | ||
| PGDM BE, Executive Director | ||
| LLB BA, Group Counsel | ||
| Sanjay Chougule, Head - Group Internal Audit and Senior General Manager | ||
| Lalit Chandel, Non-Executive Government Nominee Director | ||
| Vibha Rishi, Additional Independent Director | ||
| Uday Chitale, Additional Non-Executive Independent Director | ||
| Anindya Banerjee, Senior General Manager & Head – Investor Relations | ||
| Anup Bagchi, Head - Retail Banking | ||
| Rajendra Khandelwal, Chief Accountant | ||
| Vishakha Mulye, Whole Time Director | ||
| Ranganath Athreya, Compliance Officer, Company Secretary | ||
| Hari Mundra, Non-Executive Independent Director | ||
| Akshay Chaturvedi, Country USA | ||
| PGDM BTech, Head Director | ||
| Radhakrishnan Nair, Additional Non-Executive Independent Director | ||
| Sandeep BE, CEO MD | ||
| Prasanna Balachander, Head Executive | ||
| Vivek Ranjan, Chief Manager |
ICICI Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ICICI Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0216 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 906.66 B | ||||
| Shares Outstanding | 3.53 B | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 19.41 % | ||||
| Number Of Shares Shorted | 24.23 M | ||||
| Price To Earning | 22.31 X |
Pair Trading with ICICI Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ICICI Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ICICI Bank will appreciate offsetting losses from the drop in the long position's value.Moving against ICICI Stock
The ability to find closely correlated positions to ICICI Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICICI Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ICICI Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ICICI Bank Limited to buy it.
The correlation of ICICI Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICICI Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICICI Bank Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ICICI Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI Bank Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICICI Bank. If investors know ICICI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICICI Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.182 | Earnings Share 1.53 | Revenue Per Share | Quarterly Revenue Growth 0.274 | Return On Assets |
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.