ICICI Bank
ICICI Bank records 50 pct growth in Q1 profit
New Delhi: ICICI Bank registered a 50 percent year-on-year growth in standalone profit to Rs. 6,905 crore for the quarter that ended on June 30.
The net profit of the bank stood at 4,616.02 crore during the same period last year.
Net interest income grew by 21percent year-on-year in Q1-2023.
The bank's average current account and savings account (CASA) ratio was 45.8 percent in Q1-2023.
Domestic loan portfolio grew by 22 percent year-on-year.
The bank's Net NPA ratio declined to 0.70 percent at June 30, 2022 from 0.76 percent at March 31, 2022.
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