Essayer OR - Gratuit
ICICI BANK PROFIT RISES 14.5% TO ₹11.7K CR, BEATS STREET ESTIMATE
The Morning Standard
|October 27, 2024
Brokerages expected the bank's net income at ₹10,989 crore
SECOND-largest private sector lender ICICI Bank on Saturday reported a 14.5% rise in net income at ₹11,746 crore, beating Street expectations, helped by healthy interest income against a marginal increase in operating expenses.
Brokerages were expecting the bank to log in only ₹10,989 crore in net income.
The bank told reporters in a concall on Saturday that the net interest income increased by 9.5% to ₹20,048 crore. The net interest margin printed at 4.27%, down from 4.36% in the previous quarter and 4.53% in the year-ago period.
The bank's cost of deposit grew by 35 basis points year-on-year and 4 basis points quarter-on-quarter to 4.88%.
Cette histoire est tirée de l'édition October 27, 2024 de The Morning Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Morning Standard
The Morning Standard
A Big Dream in Two Rooms
Triveni Kala Sangam turns 75 this year.
3 mins
March 11, 2026
The Morning Standard
Agentic AI replacing corporate depts: Xebia CEO
ARTIFICIAL intelligence systems capable of planning and executing complex tasks are beginning to replace entire corporate departments as companies move beyond experimentation and deploy \"agentic AI\" in real operations, Anand Sahay, global CEO at Xebia, told TNIE.
1 min
March 11, 2026
The Morning Standard
Delinking women's quota from delimitation explored
THE government is learnt to be exploring a possibility to implement the Women’s Reservation Act even before the completion of the post-Census delimitation exercise for Lok Sabha and Assembly constituencies.
1 mins
March 11, 2026
The Morning Standard
Only UCC can ensure equal rights to women: SC
THE only way to ensure equal rights to all women in the country is to bring in the Uniform Civil Code (UCC), the Supreme Court said on Tuesday.
1 min
March 11, 2026
The Morning Standard
Don't raze house of Holi clash accused: HC to MCD
Haze and low visibility blinds Capital
1 mins
March 11, 2026
The Morning Standard
US readies 'most intense strikes', Iran hits residential building in Bahrain
Officials in Iran say ‘not looking for truce’, threaten to eliminate Trump
2 mins
March 11, 2026
The Morning Standard
Union Cabinet eases FDI norms for China, neighbours with land border
The Cabinet has also introduced an expedited approval mechanism, under which investment proposals from such countries in specified manufacturing sectors will be processed within 60 days. The fast-track window will initially apply to capital goods, electronic capital goods, electronic components, and polysilicon and ingot-wafer sectors. In these cases, the investee company must remain majority-owned and controlled by resident Indian citizens.
1 min
March 11, 2026
The Morning Standard
Pinarayi reaches out to Pentecostal churches in Kerala
IN a politically significant decision aimed at making inroads into various Christian denominations ahead of the assembly elections, the state government on Tuesday decided to recognise Pentecostalism as a Christian sub-sect.
1 min
March 11, 2026
The Morning Standard
Eyes on IPL amid West Asia conflict
With season set to start on Mar 28, BCCI may have to take a call if the ongoing situation escalates in coming weeks
2 mins
March 11, 2026
The Morning Standard
Naidu asks officials to develop AP as an Integrated Strategic Material Hub
CM N Chandrababu Naidu has directed officials to develop Andhra Pradesh as an Integrated Strategic Material Hub.
1 min
March 11, 2026
Listen
Translate
Change font size