[ad_1] MUMBAI: ICICI Bank has reported a record net profit of Rs 9,648 crore in Q1-2024—a 39.7% increase from Rs 6,905 crore in Q1-2023. Meanwhile, Kotak Mahindra Bank exceeded analyst estimates to report a 67% jump in standalone net profit at Rs 3,452 crore for the June quarter. On a consolidated level, the profit grew … Read more
[ad_1] For the period under review, ICICI Bank had provided Rs 1,292.44 crore up from Rs 1,143.82 crore the previous corresponding period. ICICI Bank’s gross non-performing assets as on June 30 stood at Rs 31,822.39 crore as compared to Rs 33,163.15 crore as on June 30 last year. [ad_2] Source link
[ad_1] MUMBAI: ICICI Bank beat first-quarter expectations on Saturday as higher interest income and loan growth helped deliver a record net profit for India’s second-largest private lender. Net profit rose 39.7% to Rs 96.48 billion ($1.18 billion) for the April-June quarter, beating the Rs 91.8 billion expected by analysts Refinitiv IBES data showed.Net interest income … Read more
[ad_1] MUMBAI: Private lender ICICI Bank on Saturday reported a 27.64 per cent jumo in consolidated net profit to Rs 9,852.70 crore for the January-March quarter of 2022-23 compared to the year ago period.On a standalone basis, the largest private sector lender reported a nearly 30 per cent jump in its net profit for the … Read more