ICICI Bank Q1 Results: Profit jumps 15% YoY to Rs 11,059 crore, NII up 7%

ICICI Bank Q1 Results: Profit jumps 15% YoY to Rs 11,059 crore, NII up 7%

Top private sector lender ICICI Bank on Saturday reported that its June quarter standalone profit after tax grew by 14.6% year-on-year (YoY) to Rs 11,059 crore while the net interest income (NII) rose 7.3% YoY to Rs 19,553 crore. The net interest margin was 4.36% in Q1 compared to 4.40% in Q4 of FY24 and … Read more

ICICI Bank is getting fan mail from analysts. How should investors respond?

ICICI Bank is getting fan mail from analysts. How should investors respond?

NEW DELHI: With every passing quarter, the battle of the banks is getting more intense on Dalal Street. While India’s largest private sector lender has been the epitome of the ideal consistent compounding stock, its closest rival appears to be gradually taking over the seat of Mr Favourite in the eyes of investors. After seeing … Read more