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कोशिश गोल्ड - मुक्त

ICICI BANK PROFIT RISES 14.5% TO ₹11.7K CR, BEATS STREET ESTIMATE

The New Indian Express

|

October 27, 2024

Brokerages expected the bank's net income at ₹10,989 crore

- BENN KOCHUVEEDAN

ICICI BANK PROFIT RISES 14.5% TO ₹11.7K CR, BEATS STREET ESTIMATE

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%.

The New Indian Express से और कहानियाँ

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Centre weighs dual budget allocation for VB-G Ram G

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2 teens riding bike killed in accident

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Will not change report, some even scared of Keezhadi’s name: Amarnath

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RIZ AHMED'S BAIT TO PREMIERE IN MARCH

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Don goes back foot on Greenland pitch

US President Donald Trump on Wednesday appeared to tone down his aggressive pitch to wrest control of Greenland from NATO ally Denmark as he ruled out using force.

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Abhishek, Rinku back with bang as India sail through

Clinical performance by hosts hand them a 48-run win in Nagpur

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SC on SIR of poll rolls: No power can be untrammelled

THE Supreme Court on Wednesday asked the Election Commission of India whether its powers to conduct SIR can be considered untrammelled and beyond judicial review.

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January 22, 2026

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Agents had filed plaints against LIC murder suspect

A probe conducted by Life Insurance Corporation (LIC) of India in the aftermath of the murder of its branch manager Kalyani Nambi (54) by assistant administrative officer T Ram (40), who was arrested on Tuesday, revealed several irregularities he committed.

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January 22, 2026

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World’s biggest nuclear power plant back online in Japan

THE world’s largest nuclear power plant restarted on Wednesday in north-central Japan for the first time since the 2011 Fukushima nuclear meltdown, as resource-poor Japan accelerates atomic power use to meet soaring electricity needs.

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January 22, 2026

The New Indian Express Chennai

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Blowing past borders

GENRES are only borders drawn by habit.

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