ICICI Bank provides 42,503 shares as employee stock options

ICICI Bank provides 42,503 shares as employee stock options

The stock options for employee come at a time when ICICI is also offering higher interest on fixed deposits.

FPJ Web DeskUpdated: Monday, February 27, 2023, 05:49 PM IST
article-image
Image: Wikipedia (Representative)

According to a regulatory filing, private lender ICICI Bank has rewarded its employees with 42,503 shares as stock options.

The shares have been allotted by the bank at a face value of Rs 2 per unit. The stock options for employee come at a time when ICICI is also offering higher interest on fixed deposits.

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

ADVERTISEMENT

RECENT STORIES

Jignesh Ramavat – Inspiring journey of an Engineer to the founder of a leading Digital News...

Jignesh Ramavat – Inspiring journey of an Engineer to the founder of a leading Digital News...

After Falling For 2 Straight Weeks, India's Forex Reserves Bounce Back By $5 Billion

After Falling For 2 Straight Weeks, India's Forex Reserves Bounce Back By $5 Billion

How To Pick Between ITR-1 And ITR-2 For Filing Income Tax Returns? Details Inside

How To Pick Between ITR-1 And ITR-2 For Filing Income Tax Returns? Details Inside

Chola Inv Finance Allots 51,070 Equity Shares As Employee Stock Option

Chola Inv Finance Allots  51,070  Equity Shares As Employee Stock Option

Bandhan Bank Allots 1,228 Equity Shares To Employees As Stock Option

Bandhan Bank Allots 1,228 Equity Shares To Employees As Stock Option