Tag: ICICI Bank

ICICI Bank Q4 net profit up 9% at ₹14,755 crore, provisions decline sharply

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ICICI Bank Q4 net profit up 9% at ₹14,755 crore, provisions decline sharply

ICICI Bank had reported a consolidated net profit of ₹13,502 crore in the year-ago period. File | Photo Credit: Reuters ICICI Bank’s consolidated net profit increased by 9.28% to ₹14,755 crore in the March quarter, according to an exchange filing on Saturday (April 18, 2026). It had reported a consolidated net profit of ₹13,502 crore…

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Business

ICICI Bank reports lowest attrition rate among private peers in last 3 fiscal years

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ICICI Bank reports lowest attrition rate among private peers in last 3 fiscal years

ICICI Bank. | Photo Credit: Reuters ICICI Bank has reported the lowest employee attrition rate among large private sector lenders in the last three financial years, reflecting higher stickiness due to competitive remuneration and a better working environment. During the last three financial years, the industry has also witnessed a sustained decline on a year-on-year…

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Business

Markets rebound in early trade on buying in ICICI bank, firm trends in Asian peers

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Markets rebound in early trade on buying in ICICI bank, firm trends in Asian peers

From the 30 Sensex pack, ICICI Bank climbed nearly 3% after the private sector lender posted a 14.5% growth in standalone profit to ₹11,746 crore for the second quarter ended September-2024. File | Photo Credit: Reuters Equity markets rebounded in early trade on Monday (October 28, 2024), driven by buying in the stock of blue-chip…

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Business

Account Holders In 3 ICICI Bank Branches In Andhra Pradesh Lose Rs 28 Crore

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Account Holders In 3 ICICI Bank Branches In Andhra Pradesh Lose Rs 28 Crore

Further investigation is underway (Representational) Vijayawada: Account holders in three branches of ICICI Bank in Andhra Pradesh’s Palnadu and NTR districts have lost about Rs 28 crore. The Crime Investigation Department (CID) is investigating that 72 account holders in the Chikaluripet and Narsaraopet branches in the Palnadu district and Vijayawada branch in the NTR district…

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Nation

Markets decline in early trade after two days of rally

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Markets decline in early trade after two days of rally

Exchange Data said that FIIs bought equities worth ₹2,208.23 crore on Tuesday (September 10, 2024). File | Photo Credit: Reuters Equity benchmark indices declined in early trade on Wednesday (September 11, 2024) after two days of gains amid selling in Tata Motors and weak trends in Asian markets. The 30-share BSE Sensex fell 111.85 points…

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Business

ICICI Bank Q1 results: profit rises 10% to ₹11,696 crore

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ICICI Bank Q1 results: profit rises 10% to ₹11,696 crore

ICICI Bank on July 27 reported 9.96% increase in June quarter consolidated net profit at ₹11,695.84 crore. The company had logged a profit of ₹10,636.12 crore in the same period of 2023-24. | Photo Credit: Reuters ICICI Bank on July 27 reported 9.96% increase in June quarter consolidated net profit at ₹11,695.84 crore. The company…

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Business

ICICI Bank reports 18.5% growth in Q4 net profit at ₹11,672 crore

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ICICI Bank reports 18.5% growth in Q4 net profit at ₹11,672 crore

A bird flies past the facade of the ICICI bank head office in Mumbai. | Photo Credit: REUTERS Private sector lender ICICI Bank on April 27 said its March 2024 quarter consolidated net grew 18.5% to ₹11,672 crore. It had reported a net profit of ₹9,853 crore in the year-ago period. On a standalone basis,…

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Business

ICICI Bank Q2 net profit jumps 36% to ₹10,261 crore

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ICICI Bank Q2 net profit jumps 36% to ₹10,261 crore

The Mumbai-based lender had posted a net profit of ₹7,558 crore in the year-ago period. | Photo Credit: REUTERS Private sector lender ICICI Bank on Saturday reported a 36% rise in standalone net profit to ₹10,261 crore for the September 2023 quarter, aided by an improvement in interest income. The Mumbai-based lender had posted a…

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Business

RBI Fines ICICI Bank, Kotak Mahindra Bank For Failing To Report Fraud

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RBI Fines ICICI Bank, Kotak Mahindra Bank For Failing To Report Fraud

Bengaluru: The Reserve Bank of India (RBI) on Tuesday said that it has imposed a penalty of Rs 12 crore 19 lakh on ICICI Bank for violating rules related to the code of conduct for the bank’s directors and for fraud reporting. The RBI’s inspection reports showed ICICI Bank had sanctioned or committed loans to…

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Business