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ICICI Bank net profit at Rs 1,908.03 cr
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ICICI Bank net profit at Rs 1,908.03 cr

Agency News

Mumbai, Jul 27 : Private Sector lender ICICI Bank has reported a net profit of Rs 1,908.30 crore for the quarter ended June 30, 2019 as against a net loss of Rs 119.6 crore a year ended July 30, 2018.Total Income for the quarter increased by 15.24 per cent to Rs 21,405.50 as compared with total income of Rs 18,574.17 for the quarter ended June 30, 2019.

Net interest income, or the core income of the bank, rose 27 per cent year-on-year to Rs 7,737.40 crore in the quarter ended June as compared with Rs 6102 for the same quarter a year ago period.ICICI Bank’s gross non-performing assets ratio fell to 6.49 per cent from 8.81 per cent in the previous quarter. UNI