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ICICI Bank Q3 Net Profit Rises 19% To Rs 6,536 Crore
On a standalone basis, ICICI Bank recorded a 25 per cent rise in post-tax profit at Rs 6,194 crore for quarter, up from Rs 4,939.59 crore of last year
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ICICI Bank Net Profit Rises 30% To Rs 5,511 Crore In September Quarter
ICICI Bank Q2 FY22 Results: ICICI Bank reported a 29.6 per cent rise in net profit to Rs 5,511 crore on a standalone basis for the July-September quarter in the financial year 2021-22, compared to Rs 4,251.3 crore in the year-ago period. The country's leading private sector lender reported a net NPA ratio of 0.99 per cent in the September quarter -...
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ICICI Bank Profit Rises 78% To Rs 4,616 Crore In June Quarter, Provisions Fall
ICICI Bank Q1 FY22 Results: ICICI Bank reported a 78 per cent rise in net profit to ₹ 4,616 crore on a standalone basis for the April-June quarter in the financial year 2021-22, compared to ₹ 2,599 crore in the year-ago period. The country's leading private sector lender's provisions - excluding provision for tax, declined sharply as it has cha...
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ICICI Bank Profit Jumps 260% To Rs 4,403 Crore In March Quarter
ICICI Bank Limited reported a 260 per cent growth - a three-fold jump in net profit to Rs 4,402.62 crore for the January-March quarter in the financial year 2020-21, compared to Rs 1,221.36 crore in the year-ago period. The country's leading private sector lender reported a growth of 17 per cent in net interest income to Rs 10,431 crore during the ...
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ICICI Bank Q3 Results: October-December Net Profit Jumps 19% To Rs 4,940 Crore
ICICI Bank Limited reported a 19 per cent growth in net profit to Rs 4,940 crore for the October-December quarter in the current financial year, as compared to Rs 4,146 crore in the year-ago period. The private sector lender reported growth in domestic and retail loans amid strong credit demand in the third quarter. ICICI Bank posted a net profit o...
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ICICI Bank Uses Satellite Images For Farm Loans To Cut Costs
Banks typically deploy officials to travel to assess irrigation systems, crop quality and land location for forecasting farm revenue to make loans
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Enforcement Directorate Attaches ₹78.15 Crore Assets Of Chanda Kochhar, Family
Chanda Kochhar: The ED said its probe had revealed that loans were refinanced and new loans aggregating to ₹1,730 crore sanctioned to Videocon Industries Ltd (VIL) and its group companies and these loans became non-performing assets (NPA) for ICICI Bank on June 30, 2017.
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ICICI Bank Posts Rs 1,908 Crore Profit In June Quarter
Net non-performing assets (NPA) improved to 1.77 per cent in the June quarter, from 2.06 per cent in the quarter ended March 31.
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Bank Of Baroda, Dena Bank, Vijaya Bank To Create India's Third Largest Bank: 10 Points
The government said on Monday announced a plan to merge three state-run banks. Dena Bank, Vijaya Bank and Bank of Baroda will be merged to create the third largest bank in the country, as part of efforts to clean up the country's banking system, an official release said. Finance Minister Arun Jaitley said the government has suggested the banks t...
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ICICI Bank-Videocon Case: Parliamentary Panel Quizzes Bankers On Alleged Nepotism
IBA deputy chairman and SBI chief Rajnish Kumar and PNB MD Sunil Mehta briefed the panel on various aspects of NPAs and banking frauds.
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Fear Psychosis Among Banks Pushing Companies Into Liquidation: Report
Current and former top bankers from at least four state-run lenders are under investigation for alleged impropriety over their lending decisions, while the Central Bureau of Investigation has started a preliminary inquiry into an alleged nexus between Videocon Chairman Venugopal Dhoot and the spouse of ICICI Bank Ltd.
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Towering NPAs: December Figure Stands At Rs 8.41 Lakh Crore
Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha in a written reply that industry accounted for largest portion of these NPAs
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ICICI Bank June Quarter Profit Falls 8%, Meets Estimates
ICICI Bank's domestic loans in the quarter grew 11 per cent from a year earlier. Net interest income rose 8 per cent year-on-year, while fee income increased 10 per cent from a year earlier.
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SBI, ICICI Bank Extend Gains As President Signs Ordinance To Tackle NPAs
Bad loans in banks rose to Rs. 6.07 lakh crore in December 2016, of which the share of Public sector banks was Rs 5.02 lakh crore.
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ICICI Warns Cost Cuts As Surging Bad Loans Eat Into Profit Margins
Reserve Bank guidelines require banks to make higher provisions for risky loans which may eat into its profit margin, ICICI said.
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ICICI Bank Q3 Net Profit Rises 19% To Rs 6,536 Crore
On a standalone basis, ICICI Bank recorded a 25 per cent rise in post-tax profit at Rs 6,194 crore for quarter, up from Rs 4,939.59 crore of last year
-
ICICI Bank Net Profit Rises 30% To Rs 5,511 Crore In September Quarter
ICICI Bank Q2 FY22 Results: ICICI Bank reported a 29.6 per cent rise in net profit to Rs 5,511 crore on a standalone basis for the July-September quarter in the financial year 2021-22, compared to Rs 4,251.3 crore in the year-ago period. The country's leading private sector lender reported a net NPA ratio of 0.99 per cent in the September quarter -...
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ICICI Bank Profit Rises 78% To Rs 4,616 Crore In June Quarter, Provisions Fall
ICICI Bank Q1 FY22 Results: ICICI Bank reported a 78 per cent rise in net profit to ₹ 4,616 crore on a standalone basis for the April-June quarter in the financial year 2021-22, compared to ₹ 2,599 crore in the year-ago period. The country's leading private sector lender's provisions - excluding provision for tax, declined sharply as it has cha...
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ICICI Bank Profit Jumps 260% To Rs 4,403 Crore In March Quarter
ICICI Bank Limited reported a 260 per cent growth - a three-fold jump in net profit to Rs 4,402.62 crore for the January-March quarter in the financial year 2020-21, compared to Rs 1,221.36 crore in the year-ago period. The country's leading private sector lender reported a growth of 17 per cent in net interest income to Rs 10,431 crore during the ...
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ICICI Bank Q3 Results: October-December Net Profit Jumps 19% To Rs 4,940 Crore
ICICI Bank Limited reported a 19 per cent growth in net profit to Rs 4,940 crore for the October-December quarter in the current financial year, as compared to Rs 4,146 crore in the year-ago period. The private sector lender reported growth in domestic and retail loans amid strong credit demand in the third quarter. ICICI Bank posted a net profit o...
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ICICI Bank Uses Satellite Images For Farm Loans To Cut Costs
Banks typically deploy officials to travel to assess irrigation systems, crop quality and land location for forecasting farm revenue to make loans
-
Enforcement Directorate Attaches ₹78.15 Crore Assets Of Chanda Kochhar, Family
Chanda Kochhar: The ED said its probe had revealed that loans were refinanced and new loans aggregating to ₹1,730 crore sanctioned to Videocon Industries Ltd (VIL) and its group companies and these loans became non-performing assets (NPA) for ICICI Bank on June 30, 2017.
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ICICI Bank Posts Rs 1,908 Crore Profit In June Quarter
Net non-performing assets (NPA) improved to 1.77 per cent in the June quarter, from 2.06 per cent in the quarter ended March 31.
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Bank Of Baroda, Dena Bank, Vijaya Bank To Create India's Third Largest Bank: 10 Points
The government said on Monday announced a plan to merge three state-run banks. Dena Bank, Vijaya Bank and Bank of Baroda will be merged to create the third largest bank in the country, as part of efforts to clean up the country's banking system, an official release said. Finance Minister Arun Jaitley said the government has suggested the banks t...
-
ICICI Bank-Videocon Case: Parliamentary Panel Quizzes Bankers On Alleged Nepotism
IBA deputy chairman and SBI chief Rajnish Kumar and PNB MD Sunil Mehta briefed the panel on various aspects of NPAs and banking frauds.
-
Fear Psychosis Among Banks Pushing Companies Into Liquidation: Report
Current and former top bankers from at least four state-run lenders are under investigation for alleged impropriety over their lending decisions, while the Central Bureau of Investigation has started a preliminary inquiry into an alleged nexus between Videocon Chairman Venugopal Dhoot and the spouse of ICICI Bank Ltd.
-
Towering NPAs: December Figure Stands At Rs 8.41 Lakh Crore
Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha in a written reply that industry accounted for largest portion of these NPAs
-
ICICI Bank June Quarter Profit Falls 8%, Meets Estimates
ICICI Bank's domestic loans in the quarter grew 11 per cent from a year earlier. Net interest income rose 8 per cent year-on-year, while fee income increased 10 per cent from a year earlier.
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SBI, ICICI Bank Extend Gains As President Signs Ordinance To Tackle NPAs
Bad loans in banks rose to Rs. 6.07 lakh crore in December 2016, of which the share of Public sector banks was Rs 5.02 lakh crore.
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ICICI Warns Cost Cuts As Surging Bad Loans Eat Into Profit Margins
Reserve Bank guidelines require banks to make higher provisions for risky loans which may eat into its profit margin, ICICI said.
