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

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 …

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

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 …

Today many companies which include Yes Bank, and ICICI Bank have announced their Q4 earnings today. ICICI Bank net profit rises by 30% to ₹9121.87 cr Private lender ICICI Bank on Saturday reported a 29.96 per cent rise in its net profit to ₹9121.87 crore during the fourth quarter ended March 2023 as compared to ₹7018.71 crore in the year-ago …

HCL Tech, ICICI Bank, Yes Bank, Hindustan Zinc among major Q4 earnings this week

Its a busy week ahead with major companies especially in banking, IT and financial sectors lined up to present their fourth quarter earnings for FY23. Among the major Q4 results to watch out for are ICICI Bank, HCL Tech, Yes Bank, Hindustan Zinc, ICICI Prudential Life Insurance, and Tata Communications among others. On April 20, apart from announcing Q4 earnings …

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

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 …

HYDERABAD: A one-time settlement of loans taken from banks by itself is not legally sufficient to wipe out the criminal liability of the borrowers, particularly those who fraudulently took loans and opted to settle those with meagre amounts. Their firm, Kyori Oremin, availed credit facilities from Central Bank of India, SBI, Bank of Baroda, Bank of Maharashtra and ICICI Bank, …