ICICI Bank Q3 net jumps 30% to Rs 2,250 crore
Quotes

ICICI Bank Q3 net jumps 30% to Rs 2,250 crore

Last Updated: Thursday, January 31, 2013, 14:12
 
 Comment 0
 
ICICI Bank Q3 net jumps 30% to Rs 2,250 crore
Mumbai: Largest private sector lender ICICI Bank on Thursday reported a 30 percent jump in standalone net profit at Rs 2,250 crore in the December quarter against Rs 1,728 crore a year ago.

The consolidated net rose 22 percent year-on-year to Rs 2,645 crore from Rs 2,174 crore, the bank said in an exchange filing to the BSE.

The reporting quarter saw the city-based lender improving its net interest margin by 37 basis points to 3.07 percent.

Advances rose 16 percent to Rs 2,86,766 crore, led by a 17 percent spike in retail advances to Rs 96,528 crore. Net interest income rose 29 percent to Rs 3,499 crore from Rs 2,712 crore.

The net non-performing asset ratio improved to 0.64 percent from 0.70 percent a year ago. Sequentially too, it improved a bit from 0.66 percent.

Capital adequacy ratio stood at 19.53 percent with the tier-1 capital adequacy being at 13.25 percent.

PTI




First Published: Thursday, January 31, 2013, 13:44


Comments


comments powered by Disqus
John Kery with Indian Biz Honchos
John Kery with Indian Biz Honchos
Honda Mobilio MPV
Honda Mobilio MPV
BRICS Annual Summit 2014
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
Tata Zest Standout Features: In Pics
New car launches in July
New car launches in July

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved