Lower provisions drive ICICI Bank to report 18.5% growth in

Lower provisions drive ICICI Bank to report 18.5% growth in Q4

ICICI Bank on Saturday said its March quarter consolidated net profit grew 18.5 per cent to Rs 11,672 crore, helped by lower provisions.

On a standalone basis, the second largest private sector lender showed a 17.4 per cent growth in its profit after tax at Rs 10,708 crore for the reporting quarter against Rs 9,122 crore in the year-ago period.

For fiscal 2023-24, its standalone net profit grew to Rs 40,888 crore from Rs 31,896 crore a year ago.

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Sandeep Batra , Prudential Asset Management Company , Icici Bank On , Bank Photograph , Alternative Investment Funds , Asset Management Company ,

© 2024 Vimarsana
Lower Provisions Drive ICICI Bank To Report 18.5% Growth In Q4 : Comparemela.com

Lower provisions drive ICICI Bank to report 18.5% growth in Q4

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ICICI Bank on Saturday said its March quarter consolidated net profit grew 18.5 per cent to Rs 11,672 crore, helped by lower provisions.

On a standalone basis, the second largest private sector lender showed a 17.4 per cent growth in its profit after tax at Rs 10,708 crore for the reporting quarter against Rs 9,122 crore in the year-ago period.

For fiscal 2023-24, its standalone net profit grew to Rs 40,888 crore from Rs 31,896 crore a year ago.

Related Keywords

Sandeep Batra , Prudential Asset Management Company , Icici Bank On , Bank Photograph , Alternative Investment Funds , Asset Management Company ,

© 2024 Vimarsana

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