ICICI Bank is the 4th largest bank globally

ICICI Bank is the 4th largest bank and UBS Bank is the 5th largest bank globally based on market capitalization.

Rank Bank Market Capitalization (in billions)
1 JP Morgan Chase 571.11
2 Bank of America 312.97
3 ICBC 258.54
4 ICICI Bank 98.9
5 UBS Bank 98.12

ICICI Bank shares have outperformed the Nifty 50 index in both the last six months and the last one year

Investment Performance in the Last Six Months Performance in the Last One Year
ICICI Bank Shares 20% gain 29% gain
Nifty 50 Index 10.63% gain 26.91% gain

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53rd GST Council Meeting Updates On 22 June 2024

Tue Jun 25 , 2024
Changes in GST Rates of Goods: Uniform IGST Rate: 5% on imports of parts, components, testing equipment, tools, and tool-kits for air crafts. GST on Milk Cans: All milk cans (steel, iron, aluminum) to attract 12% GST. GST Reduction on Cartons: Carton, boxes, and cases of corrugated and non-corrugated paper/paper-board […]

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