Renaissance Jewellery Jumps higher

ICICI Bank is currently trading at Rs 1059.55, up by 1.25 points or 0.12 % from its previous closing of Rs. 1058.30 on the BSE.

The scrip opened at Rs. 1061.90 and has touched a high and low of Rs. 1063.00 and Rs. 1054.05 respectively. So far 35834 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1098.00 on 05-Oct-2012 and a 52 week low of Rs. 641.00 on 19-Dec-2011.


The Institutions holding in the company stood at 62.64% and Non-Institutions held 9.97% respectively. As part of its festive season offer, ICICI Bank has now slashed its home loan rates. The bank, as a part of the offer, has trimmed both floating and fixed rates on its housing loans.

Further, the offer is valid for sanctions till December 31, 2012, to which even existing customers can avail the benefits of, but by visiting their branches and paying a small fee.

As per the festive season offer, ICICI Bank will now be charging floating rate of 10.25% on housing loans up to Rs 30 lakh instead of 10.50%. While, for loans between Rs 30 lakh and Rs 3 crore the floating rate is revised to 10.50%, from earlier 11% and 11.50% on loans above Rs 75 lakh.

The bank has made similar revisions for home loans with fixed rate of interest for one and two years. Meanwhile, for a three-year fixed rate home loan the interest rate is fixed at 10.50% for loans up to Rs 30 lakh, and 10.75% for Rs 30 lakh to Rs 3 crore loans. [ Via ]

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