ICICI Bank Quarter 2 Net Profit Rises Over 6-folds to Rs 4,251 Crore
4 years, 1 month ago

ICICI Bank Quarter 2 Net Profit Rises Over 6-folds to Rs 4,251 Crore

News 18  

ICICI Bank on Saturday reported an over six-fold jump in its standalone net profit at Rs 4,251 crore for the second quarter ended September 2020. Total income in July-September 2020 stood at Rs 23,650.77 crore, up from Rs 22,759.52 crore in the same period a year earlier, ICICI Bank said in a regulatory filing. On consolidated basis, the bank's net profit was up over four-times at Rs 4,882 crore in Q2 FY21 against Rs 1,131 crore in Q2 FY20. Total provisions for bad loans and contingencies rose to Rs 2,995.27 crore for September 2020 quarter against Rs 2,506.87 crore a year ago.

Bank Crore 2020 Icici Bank  icici  crore  4251  2020  consolidated  6folds  tax  bank  cent  q2  profit  quarter  rises  rs  net

History of this topic

ICICI Bank Q3 Update: India’s second-largest private bank to declare Oct-Dec quarter results on THIS date
15 hours, 59 minutes ago

ICICI Bank Q3 Update: India’s second-largest private bank to declare Oct-Dec quarter results on THIS date

Live Mint  

ICICI Bank Q3 Update: ICICI Bank announced on Tuesday, December 24, that it will conduct its board meeting on Saturday, January 25 to consider its upcoming October-December quarter results for the current fiscal. ICICI Bank Q2 Results ICICI Bank’s core net interest income rose by 9.5 per cent YoY to ₹20,048 crore in the July-September quarter of 2024-25, driven by …

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY
1 month, 2 weeks ago

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY

Live Mint  

New Delhi, Nov 4 The National Stock Exchange on Monday reported a 57 per cent year-on-year surge in consolidated net profit to ₹3,137 crore for the September quarter. The exchange posted a total income of ₹5,023 crore during the July-September period of the current financial year, up 25 per cent on a year-on-year basis. For the half-year ended September 30, …

Canara Bank Reports 11.31% Net Profit Growth in Q2 FY25
1 month, 3 weeks ago

Canara Bank Reports 11.31% Net Profit Growth in Q2 FY25

The Hindu  

Canara Bank reports a strong Q2 performance with a 11.31% increase in net profit to ₹4,014 crore. The bank's net interest income also saw a significant rise, reaching ₹9,315 crore, compared to ₹8,903 crore in the corresponding quarter last year. The bank's NPAs have been reduced significantly, with the MSME sector NPA ratio dropping to 7.1% in Q2, down from …

Tamilnad Mercantile Bank Soars to New Heights with 11% Net Profit Growth
1 month, 3 weeks ago

Tamilnad Mercantile Bank Soars to New Heights with 11% Net Profit Growth

The Hindu  

Tamilnad Mercantile Bank reports its highest-ever net profit for the September quarter, with a rise of 11%. The bank's net interest income increased by 12%, while net interest margin improved to 4.25%. Non-interest income also rose, indicating a strong performance in the private sector lending segment.

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more
1 month, 3 weeks ago

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more

Live Mint  

The Indian stock market saw a mixed performance in the second quarter of 2023, with several major companies reporting strong financial results. ICICI Bank, Yes Bank, and REC reported significant increases in their net profits, while Coal India and Bharat Petroleum saw a decline in their profit margins. Inox Wind and DLF reported significant profit gains, while Bank of Baroda …

ICICI Bank's Q2 Performance Outperforms Rivals, but Challenges Remain
1 month, 4 weeks ago

ICICI Bank's Q2 Performance Outperforms Rivals, but Challenges Remain

Live Mint  

ICICI Bank's Q2 performance shows improvement over rivals, with a NIM of 4.27% compared to 4.53% a year ago. However, rival HDFC Bank's NIM was 3.65%, indicating a lower NIM compared to ICICI Bank. Despite the challenging interest rate environment, ICICI Bank's loan growth remained strong, with total advances growing by 15% year-on-year. The bank's asset quality is also stable, …

ICICI Bank Q2 Results: A Strong Performance with Record Profits
Trending News
1 month, 4 weeks ago

ICICI Bank Q2 Results: A Strong Performance with Record Profits

Hindustan Times  

ICICI Bank's Q2 results show a strong performance, with a net profit growth of 18.82% and interest income growth of 18.97%. The bank's income on investments also increased, reflecting its active investment strategy. The stock closed up 0.23% higher on the BSE, indicating a positive market reaction to the results.

Axis Bank Q2 Results: A Strong Performance Despite Market Challenges
2 months, 1 week ago

Axis Bank Q2 Results: A Strong Performance Despite Market Challenges

Live Mint  

Axis Bank reports a strong Q2FY25 performance, with a 18% rise in standalone net profit to ₹6,917.57 crore. The bank's net interest income (NII) rose 10% YoY, while the net interest margin (NIM) shrunk by four per cent. Despite the decline in NIM, the bank's margin excluding the one-time tax gain remained broadly maintained. The bank's net loans grew by …

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What’s driving the rally?
3 months ago

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What’s driving the rally?

Live Mint  

Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a share price increase of over 30 percent in 2024. On September 18, the stock reached an all-time high of ₹1,295 on the BSE, marking a 2 percent increase from the previous close, with a …

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What's driving the rally?
3 months ago

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What's driving the rally?

Live Mint  

On September 18, ICICI Bank stock reached an all-time high of ₹ 1,295 on the BSE, marking a 2 percent increase from the previous close, with a market capitalization of ₹ 9.1 lakh crore. Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a …

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore
4 months, 3 weeks ago

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore

The Hindu  

ICICI Bank Ltd. reported Q1 FY25 net profit grew 14.6% year-on-year to ₹11,059 crorebeating estimates led by treasury gains and other income. Net interest income of the private sector bank for June quarter rose 7.3% YoY to ₹19,553 crore, the bank said in a filing. “We are comfortable with the asset quality andour strategy is to grow in a risk …

ICICI Bank Q1 results: Net profit grows 14.62%, interest income up 17%, gross NPAs fall 9.75%, net interest margin falls
4 months, 3 weeks ago

ICICI Bank Q1 results: Net profit grows 14.62%, interest income up 17%, gross NPAs fall 9.75%, net interest margin falls

Hindustan Times  

ICICI Bank Ltd, India's second-largest private sector lender has announced its first quarter financial results for the financial year 2024-25 on Saturday, July 27. The bank recorded a standalone net profit of ₹11,059.11 crore, a gain of 14.62% or ₹1,410.91 compared to the same quarter of the previous year, which was at ₹9,648.20 crore. This was a fall of 9.75% …

Federal Bank Q1 net profit grows 18.25% to ₹1,010 crore
5 months ago

Federal Bank Q1 net profit grows 18.25% to ₹1,010 crore

The Hindu  

Federal Bank Ltd. reported Q1 FY25 net profit rose 18.3% year-on-year to ₹1,009.53 crore. Net advances rose to ₹2,20,806.41 crore, from ₹1,83,487.41 crore in the year-earlier period. Gross NPA at the end of Q1 FY25 was ₹4738.35 crore, which as a percentage to Gross Advances was 2.11%, while net NPA and as a percentage to net advances was ₹1330.44 crore …

HDFC Bank logs 35% increase in net profit
5 months ago

HDFC Bank logs 35% increase in net profit

New Indian Express  

NEW DELHI: Returning to its once famed over 30% net income for as many as 34 quarters on the trot which ended with the pandemic era, the second-largest lender logged in a robust 35.33% jump in net profit at Rs 16,174.75 crore for the June quarter even though the numbers are not comparable since the merger with its parent took …

ICICI Bank shares climb nearly 5 pc after Q4 earnings; mcap soars by ₹36,555.4 crore
7 months, 3 weeks ago

ICICI Bank shares climb nearly 5 pc after Q4 earnings; mcap soars by ₹36,555.4 crore

Hindustan Times  

New Delhi, Shares of ICICI Bank on Monday climbed nearly 5 per cent after the company's March quarter consolidated net profit grew 18.5 per cent to ₹11,672 crore, helped by lower provisions. ICICI Bank shares climb nearly 5 pc after Q4 earnings; mcap soars by ₹ 36,555.4 crore The stock advanced 4.67 per cent to settle at ₹1,158.80 on the …

ICICI Bank shares breach ₹8 lakh crore market cap, climb after Q4 earnings
7 months, 3 weeks ago

ICICI Bank shares breach ₹8 lakh crore market cap, climb after Q4 earnings

Hindustan Times  

Shares of ICICI Bank on Monday climbed over 2 per cent after the company's March quarter consolidated net profit grew 18.5 per cent to ₹11,672 crore, helped by lower provisions. ICICI Bank share price: For fiscal 2023-24, ICICI Bank standalone net profit grew to ₹ 40,888 crore from ₹ 31,896 crore a year ago. On a standalone basis, the second …

ICICI Bank reports 17 percent rise in Q4 net profit to ₹10,708 crore
7 months, 3 weeks ago

ICICI Bank reports 17 percent rise in Q4 net profit to ₹10,708 crore

Hindustan Times  

ICICI Bank on Saturday reported its net profit at ₹10,707 crore in the fourth quarter ending on March 31, Reuters reported. The core net interest income of the private lender increased 8.1 percent to ₹19,093 crore on a 16.8 percent growth in loans and a marginal compression in net interest margin to 4.40 percent. ICICI Bank on Saturday reported its …

ICICI Bank Q3 profit surges over 25 per cent to Rs 11,053 crore on lower provisions
11 months ago

ICICI Bank Q3 profit surges over 25 per cent to Rs 11,053 crore on lower provisions

India TV News  

ICICI Bank reported a consolidated net profit surge of 25.7 per cent to Rs 11,052.60 crore for the December quarter, driven by reduced provisions. The standalone net profit for the same period grew by 23.6 per cent to Rs 10,272 crore, making it the second-largest private sector lender in the country. The bank's core net interest income increased by 13.4 …

IndusInd Bank reports ₹2,298 crore Q3 net profit, a 17.3% surge from last year
11 months ago

IndusInd Bank reports ₹2,298 crore Q3 net profit, a 17.3% surge from last year

Hindustan Times  

IndusInd Bank on Thursday reported a net profit of ₹2,298 crore for the third quarter ending December 31, a surge by 17.3 per cent from the previous year. IndusInd Bank on Thursday reported a net profit of ₹ 2,298 crore for the third quarter ending December 31 The lender beat the Q3 profit expectations, helped by strong loan growth, Reuters …

PNB Q2 net profit jumps 327% to ₹1,756 crore; NII rises 20% YoY
1 year, 1 month ago

PNB Q2 net profit jumps 327% to ₹1,756 crore; NII rises 20% YoY

Live Mint  

PNB Q2 Results: Punjab National Bank, the state-run lender, reported a sharp jump of 327% in its net profit for the second quarter of FY24 led by lower provisions. PNB’s net profit in Q2FY24 surged to ₹1,756 crore from ₹411.3 crore in the same quarter last year. PNB’s net interest income during the July-September 2023 quarter rose 20% to ₹9,923 …

ICICI Bank Reports Strong Q2 Performance, Attracts Investors Amid Stock Market Turmoil
1 year, 1 month ago

ICICI Bank Reports Strong Q2 Performance, Attracts Investors Amid Stock Market Turmoil

News 18  

The worldwide decline in stock markets, largely attributed to the Israel-Hamas conflict, has created a unique scenario that presents investment opportunities. One specific stock that has experienced a notable downturn during these turbulent conditions is that of ICICI Bank, one of India’s prominent financial institutions. According to reports, HDFC Securities, a domestic brokerage house, has recommended buying shares of ICICI …

IndusInd Bank Q2 profit up 22% to ₹2,202 cr
1 year, 2 months ago

IndusInd Bank Q2 profit up 22% to ₹2,202 cr

Hindustan Times  

IndusInd Bank on Wednesday posted 22 per cent rise in consolidated net profit at ₹2,202 crore for September quarter 2023-24, aided by decline in bad loans and a rise in interest income. Total income increased to ₹13,530 crore during the quarter under review, as against ₹10,719 crore in the same period last year, IndusInd Bank said in a regulatory filing. …

Higher income, lower provisions lift IndusInd Q2 profit 22%
1 year, 2 months ago

Higher income, lower provisions lift IndusInd Q2 profit 22%

Live Mint  

Private sector lender IndusInd Bank on Wednesday reported a 22% year-on-year rise in September quarter standalone net profit to ₹2,181.5 crore on the back of higher income and lower provisions. We have consistently communicated that our balance sheet construct, and the growth dynamics are able to withstand NIM volatility,” said Sumant Kathpalia, chief executive officer, IndusInd Bank. We have always …

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore
1 year, 2 months ago

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore

Live Mint  

Bandhan Bank for the quarter ending September'2023 saw its net profit rise 245% YoY to ₹721 crore compared to ₹209 Crore in the year ago quarter. Bandhan Bank's Net Interest Income improved to ₹2,443 crore in Q2 FY24 from ₹2,193 crore in Q2 FY23. Bandhan Bank Net NPA stood at around ₹2360 Crore at the end of Q2FY24 compared to …

Cleaning up of NPA mess will propel the economy
1 year, 5 months ago

Cleaning up of NPA mess will propel the economy

Hindustan Times  

To understand the complexities of India’s banking sector, one needs to grapple with a term that tends to recur with unsettling regularity – non-performing assets. The gross NPA ratio of scheduled commercial banks stood at 4.9%, and ₹66.6 lakh crore in March 2014 were bad loans. The National Democratic Alliance government took several steps to address the NPA problem, including …

ICICI Bank expects moderation in margins as deposits reprice
1 year, 5 months ago

ICICI Bank expects moderation in margins as deposits reprice

Live Mint  

Mumbai: Private sector lender ICICI Bank expects to see some moderation in its net interest margin, reflecting the delayed effect of increase in deposit rates. As we have been guiding in the previous calls, the overall decline in NIMs was very much in line with our expectations,” Sandeep Batra, executive director, ICICI Bank told reporters on Saturday post its earnings. …

ICICI Bank Q1: Net profit rises 40% to ₹9,648 crore on improved asset quality
1 year, 5 months ago

ICICI Bank Q1: Net profit rises 40% to ₹9,648 crore on improved asset quality

Live Mint  

ICICI Bank Q1 Results: ICICI Bank announced its April-June quarter results for fiscal 2023-24 on July 22, reporting a rise of 39.7 per cent in net profit at ₹9,648 crore on a standalone basis, compared to ₹6,905 crore in the corresponding period last year. Asset Quality The bank's asset quality improved as the gross non-performing assets during the June quarter …

Jammu and Kashmir Bank records highest-ever net annual profit of ₹1,197 crore
1 year, 7 months ago

Jammu and Kashmir Bank records highest-ever net annual profit of ₹1,197 crore

The Hindu  

Jammu and Kashmir Bank has announced its highest-ever net annual profit of ₹1,197 crore in the results for the financial year 2022-23. With a decade-high capital adequacy ratio of 15.39% and non-performing assets at an eight-year low of 6.04%, the bank also recorded its highest-ever quarterly profit of ₹476 crore in the last quarter. "Jammu and Kashmir Bank has recorded …

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore
1 year, 7 months ago

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore

Business Standard  

Kerala-based private sector lender CSB Bank has posted a 20 per cent rise in net profit during the fourth quarter of 2022-23 to Rs 156 crore, as compared to Rs 131 crore during the same period the previous financial year, owing to rise in income and dip in bad loans. Its net interest income also increased by 15 per cent …

CSB Bank net profit rises 19% to Rs 156 crore as bad loans decline
1 year, 7 months ago

CSB Bank net profit rises 19% to Rs 156 crore as bad loans decline

Business Standard  

Private sector lender CSB Bank on Friday reported 19 per cent rise in net profit at Rs 156 crore for March quarter 2022-23 as bad loans declined. During the quarter, the bank's total income increased to Rs 762.81 crore from Rs 583.17 crore a year ago, CSB Bank said in a regulatory filing. The Kerala-based bank recorded a net profit …

Sensex tops 60k, Nifty jumps 120 pts; Bank, Realty shine; Pharma lags
1 year, 8 months ago

Sensex tops 60k, Nifty jumps 120 pts; Bank, Realty shine; Pharma lags

Live Mint  

Investors cheered the better-than-expected quarterly earnings reports from Reliance and ICICI Bank which lifted the mood of the market. Private sector lender Tamilnad Mercantile Bank on Monday posted a 11.45 per cent rise in its net profit for the fourth quarter ended March 2023 at ₹253 crore, helped by decline in bad loans. Media index drags as it sheds more …

ICICI Bank Q4: From interest income, provisions, key highlight of the quarter
1 year, 8 months ago

ICICI Bank Q4: From interest income, provisions, key highlight of the quarter

Live Mint  

Private sector lender ICICI Bank recorded healthy growth in its fourth quarter results for FY23. Net profit: In Q4FY23, ICICI Bank core operating profit grew by 36.4% year-on-year to ₹ 13,866 crore. Retail loans: The lender’s retail loan portfolio grew by 22.7 percent YoY and comprised 54.7 percent of the total loan portfolio at March 31, 2023. ICICI Bank's rural …

ICICI Bank declares final dividend of ₹8. Check details here
1 year, 8 months ago

ICICI Bank declares final dividend of ₹8. Check details here

Live Mint  

The private lender ICICI Bank has declared a final dividend of ₹8 per equity share of face value of ₹2 on Saturday. ICICI Bank on Saturday reported a rise of 30 per cent in standalone net profit of ₹9,121.87 crore for the quarter ended March 31 2023. The consolidated net profit of the bank reached ₹9,122 crore during Q4FY23, up …

Axis Bank Q3 Results: Net Profit Rises 62 Per Cent To Rs 5,853 Crore
1 year, 11 months ago

Axis Bank Q3 Results: Net Profit Rises 62 Per Cent To Rs 5,853 Crore

ABP News  

Axis Bank, one of India's biggest private sector lenders, on Monday clocked a 62 per cent rise in net profit at Rs 5,853 crore for the quarter ended December 2022, driven by increase in net interest income and decline in bad loans. Axis Bank's total income increased to Rs 26,892 crore in the quarter from Rs 21,101 crore in the …

ICICI Bank posts 34% rise in Q3 PAT to ₹8,312 cr, NII surges by 35%
1 year, 11 months ago

ICICI Bank posts 34% rise in Q3 PAT to ₹8,312 cr, NII surges by 35%

Live Mint  

ICICI Bank announced its financial results for the third quarter ending December 31, 2022 period on Saturday. ICICI Bank's Q3 PAT rose by 9.97% from ₹7,557.84 crore in September 2022 quarter. During Q3FY23, ICICI Bank made net additions of ₹1,119 crore to gross NPAs which is higher than ₹605 crore in the previous quarter. In terms of credit growth, ICICI …

Banks write off loans worth Rs 11.17 lakh crore in last 6 years
2 years ago

Banks write off loans worth Rs 11.17 lakh crore in last 6 years

Deccan Chronicle  

NEW DELHI: Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22, Parliament was informed on Tuesday. "As per RBI data, public sector banks and scheduled commercial banks wrote off an aggregate amount of Rs 8,16,421 crore and Rs 11,17,883 crore respectively during the last six financial years," …

Private banks post solid earnings in Q2 driven by margin expansion and a fall in bad loans
2 years, 1 month ago

Private banks post solid earnings in Q2 driven by margin expansion and a fall in bad loans

Live Mint  

Private sector banks delivered a strong performance in the September quarter as credit growth in the system remained strong. Robust Performance India's largest private sector lender, HDFC Bank, reported a 20.01% jump in its standalone net profit at Rs 10,605.78 crore for the September ending quarter compared to Rs 8,834.31 crore in the year-ago period on the back of low …

ICICI Bank Q2 Results: Net Profit Jumps 37% YoY To Rs 7,558 Crore, NII Rises 26%
2 years, 2 months ago

ICICI Bank Q2 Results: Net Profit Jumps 37% YoY To Rs 7,558 Crore, NII Rises 26%

News 18  

ICICI Bank on Saturday posted a standalone net profit of Rs 7,557.8 crore for the September 2022 quarter, a jump of 37 per cent year-on-year as compared with Rs 5,511 crore a year ago. The private sector lender’s net interest income during July-September 2022 jumped 26 per cent YoY to Rs 14,786.8 crore, against Rs 11,690 crore a year ago. …

ICICI Bank Q2 consolidated net profit jumps 31% to Rs 8,006.99 crore
2 years, 2 months ago

ICICI Bank Q2 consolidated net profit jumps 31% to Rs 8,006.99 crore

India TV News  

ICICI Bank Q2 results : ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore. On a standalone basis, the second largest private sector lender reported a 37.14 percent rise in September quarter net profit at Rs 7,557.84 crore, as against Rs 5,510.95 crore in the year-ago period. The bank's …

SBI Q1 Results: State Bank of India Net Profit Down by 6% YoY at Rs 6,068 Crore
2 years, 4 months ago

SBI Q1 Results: State Bank of India Net Profit Down by 6% YoY at Rs 6,068 Crore

News 18  

SBI Q1 FY23 Results: India’s largest public sector lender State Bank of India on Saturday reported a drop in net profit by 6.07 per cent at Rs 6,068 crore in Q1 FY23 as against Rs 6,504 crore in Q1 FY22. The Net interest Income, or NII for the quarter under review stood at Rs 31,196, an increase of 12.87 per …

Kotak Bank’s profit up 26% YoY, see treasury loss of ₹857 crore
2 years, 5 months ago

Kotak Bank’s profit up 26% YoY, see treasury loss of ₹857 crore

Live Mint  

Kotak Mahindra Bank reported a 26% year-on-year jump in net profit, aided by higher credit and lower provisions. The private lender reported a net profit of ₹ ₹2,071.10 crore in the first quarter as against a net profit of ₹1,641.90 crore during the corresponding period last year. However, the bank’s net profit fell 25% on a sequential basis owing to …

ICICI Bank reports 50% rise in Q1 net profit
2 years, 5 months ago

ICICI Bank reports 50% rise in Q1 net profit

Live Mint  

ICICI Bank on Saturday reported a standalone net profit of ₹6,905 crore in the June quarter of FY23, up 50% from ₹4,616 crore in the same period last year, owing to higher net interest income and lower provisions. ICICI Bank’s provision coverage ratio, a measure of the funds set aside to cover bad loans, stood at 79.6% as on 30 …

Stocks to Watch: JSW Energy, ICICI Securities, Biocon, RBL Bank, NLC
2 years, 5 months ago

Stocks to Watch: JSW Energy, ICICI Securities, Biocon, RBL Bank, NLC

Live Mint  

Here is the list of top 10 stocks that will be in focus today JSW Energy: JSW Energy on Thursday said its net profit jumped 179% to ₹560 crore in the June quarter, mainly on the back of higher revenues. RBL Bank: Private sector lender RBL Bank on Thursday reported a consolidated net profit of ₹208.66 crore in the June …

ICICI Bank Hikes Fixed Deposit Interest Rates; Check New FD Rates Here
2 years, 5 months ago

ICICI Bank Hikes Fixed Deposit Interest Rates; Check New FD Rates Here

News 18  

ICICI Bank FD Interest Rate Hike: The country’s second largest private sector lender, ICICI Bank has again hiked the interest rates of its fixed deposits, the bank said on its website. ICICI Bank now offers interest rates between 3.10 per cent to 5.75 per cent on fixed deposits above Rs 2 crore but below Rs 5 crore and with tenures …

Karnataka Bank posts all-time high profit of ₹507.99 crore
2 years, 6 months ago

Karnataka Bank posts all-time high profit of ₹507.99 crore

The Hindu  

Karnataka Bank has posted an all-time high annual consolidated net profit of ₹507.99 crore for 2021-22 as against the last year’s ₹482.46 crore. The net profit for the fourth quarter ending March 2022 was ₹130.20 crore as against the net profit of ₹31.36 crore for the corresponding fourth quarter of F.Y 2020-21, registering more than four times increase in the …

SBI Q4 results: Profit jumps 41%, bad loans decline
2 years, 7 months ago

SBI Q4 results: Profit jumps 41%, bad loans decline

India Today  

State Bank of India on Friday reported a 41 per cent surge in standalone net profit at Rs 9,114 crore for the fourth quarter ended March 2022, helped by decline in bad loans. On a consolidated basis, the bank reported a 56 per cent increase in net profit at Rs 9,549 crore, compared to Rs 6,126 crore in the fourth …

IDFC First Bank net profit jumps over two-fold to Rs 343 crore in March quarter
2 years, 7 months ago

IDFC First Bank net profit jumps over two-fold to Rs 343 crore in March quarter

Firstpost  

New Delhi: IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating income and lower provisioning for bad loans. “The net profit for Q4-FY22 grew by 168 per cent to Rs 343 crore from Rs 128 crore in Q4 FY21, driven by …

ICICI Bank Beats HDFC Bank in Q4; Should You Buy, Sell or Hold ICIC Bank Shares?
2 years, 7 months ago

ICICI Bank Beats HDFC Bank in Q4; Should You Buy, Sell or Hold ICIC Bank Shares?

News 18  

ICICI Bank Q4 Results: ICICI Bank share prices surged nearly 2 per cent after the company reported a 59 per cent jump in standalone net profit for the March quarter of 2021-22. The private sector lender on Saturday reported a 59 per cent jump in standalone net profit to Rs 7,019 crore for the fourth quarter of 2021-22. The bank’s …

ICICI Bank Q4 Consolidated Net Profit Zooms to Rs 7,719 Crore, Sets Aside Rs 1,025 Crore for Geopolitical Impact
2 years, 8 months ago

ICICI Bank Q4 Consolidated Net Profit Zooms to Rs 7,719 Crore, Sets Aside Rs 1,025 Crore for Geopolitical Impact

News 18  

ICICI Bank has reported a 58 per cent jump in its March quarter consolidated net to Rs 7,719 crore, helped by a sharp decrease in the money set aside for bad debts. On a standalone basis, the second largest private sector lender reported a 59 per cent jump to Rs 7,019 crore for the January-March quarter of 2021-22. Among the …

ICICI Bank Q4 net profit surges by 59% to ₹7,019 cr
2 years, 8 months ago

ICICI Bank Q4 net profit surges by 59% to ₹7,019 cr

Hindustan Times  

Private sector lender ICICI Bank on Saturday reported a 59 per cent jump in standalone net profit to ₹7,019 crore for the fourth quarter of FY2021-22. Net interest income increased by 21 per cent to ₹12,605 crore from ₹10,431 crore in the same quarter a year ago, it said. On a consolidated basis, ICICI Bank Group net profit jumped by …

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