BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Sunday, July 31, 2016

Very Alerming ICICI Banks net profit fell to Rs 2,232 crore in June Quarter

ICICI Banks net profit fell to Rs 2,232 crore in June Quarter.
ICICI Bank Ltd, India's top private sector lender by assets, said quarterly profit fell 25 per cent as its bad loans ticked up, although the decline was smaller than expected.
Net profit fell to Rs 2,232 crore ($333.26 million) for its fiscal first quarter to June 30, from Rs 2,976 crore a year earlier, the Mumbai-based bank said in a statement on today.
Analysts on average had expected the lender, which is also listed in New York, to report a net profit of Rs 2,199 crore, according to data compiled by Thomson Reuters.
Gross bad loans as a percentage of total loans were 5.87 per cent in the June quarter, compared with 5.82 per cent in the previous three months.

No comments:

33.9 million Jobs: Good News! India plans to add 33.9 million jobs by 2028

33.9 million Jobs : India’s workforce is anticipated to expand from 423.73 million in 2023 to 457.62 million by 2028, adding a net gain of a...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">