BUZZ-Brokerages see likely adverse impact on Indian banks from RBI draft liquidity coverage norms ** RBI's draft guidelines on new liquidity coverage (LCR) norms, aimed at enhancing liquidity resilience of banks, could weigh on earnings - brokerages ** On Thursday, RBI proposed new norms, aimed at bolstering liquidity resilience of lenders amid ris

ICICI Bank Ltd expected to post earnings of 34 cents a share - Earnings Preview ICICI Bank Ltd IBN.N , IBN is expected to report resultson July 27 for the period ending June 30 2024 ​LSEG's mean analyst estimate for ICICI Bank Ltd is for earnings of 34 cents per share. The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The mean earnings estimate of analysts was unchanged i

India's SBI Life posts higher Q1 profit on demand for market-linked policies BENGALURU, July 24 (Reuters) - India's SBI Life Insurance Company SBIL.NS posted a 36 % rise in first-quarter profit on Wednesday, as premiums were boosted by strong demand for market-linked products. The insurer's profit rose to 5.2 billion rupees ($62 million) for the three months ended June 30 from 3.81 billion rupees, a year earlier.

INDIA STOCKS-Indian shares keep falling after tax hike on equity investments Updates to close By Manvi Pant and Bharath Rajeswaran BENGALURU, July 24 (Reuters) - Indian benchmarks fell on Wednesday, dragged by financials, with sentiment still sour a day after the government raised the tax on gains from equity investments. The NSE Nifty 50 .NSEI fell 0 .27 % to 2 4,413.5 , while the S&P BSE Sensex .BSESN s ettled 0 .35 % lower a t 8 0,148.88 .

BUZZ-India's ICICI Prudential Life set for best day in 4 years on Q1 profit climb ** Shares of ICICI Prudential Life Insurance Company ICIR.NS rise 7.3% to 685.25 rupees; on track for best day since April 27, 2020, if gains hold ** Stock at highest since Oct. 7, 2021 ** Insurer's Q1 profit rose ~9% YoY ** Rival HDFC Life Insurance's HDFL.NS profit