Download Unicorn Signals App

Powered By EquityPandit
Latest News

ICICI Bank reports net increase of 12% for Q2

The ICICI Bank has posted a 12 percent hike in quarterly profit on fast retail loans growth.

ICICI bank said in a statement that the net profit has increased to Rs 3030 crore ($465 million) for its fiscal second quarter to September 30 from Rs 2,709 crore reported last year.

For the September quarter, the gross bad loans as a percentage of total loans were 3.77 percent against 3.68 percent in the previous three months.

Read BankNifty Analysis by EquityPandit

Get Daily Prediction & Stocks Tips On Your Mobile