Categories: Business

ICICI Bank Q1 Net Zoom 52% to RS 4,747.42 Crore

Mumbai: ICICI Bank on Saturday reported a 52 percent surge in the June quarter net income of consolidation at Rs 4,747.42 Crore.
With a standalone base, the second largest private sector lender with assets reported Rs 4,616.02 Crore’s net profit for the reporting quarter, up 77 percent compared to the April-June National Lockdown for the FY’21 period.
However, total income for banks, RS 24,379 crore, lower than the crore RS 26,067 in the period last year.
The overall provisions came at Rs 2,852 Crore, almost a third of Rs 7,594 Crore set aside for the annual year period, the bank said in the exchange of exchanges.

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