ICICI Bank Q1 net up 52% ​​to Rs 4,747.42 crore

Mumbai: ICICI Bank On Saturday, the consolidated net profit for the June quarter registered a growth of 52 per cent at Rs 4,747.42 crore. On a standalone basis, the second largest private sector lender by assets reported a net profit of Rs 4,616.02 crore for the reporting quarter, 77 per cent higher than the national lockdown-hit period in April-June period of FY21 Is.

However, the total income of the bank stood at Rs 24,379 crore, lower than Rs 26,067 crore in the year-ago period. The bank said in an exchange filing that its total provisioning stood at Rs 2,852 crore, which was almost a third of the Rs 7,594 crore set aside for the year-ago period.

.

read all Breaking Newshandjob breaking news And coronavirus news Here

.

Leave a Reply