Mumbai, Jan 20 (SocialNews.XYZ) ICICI Bank on Saturday declared a 23.5 per cent increase in its net profit to Rs 10,272 crore for the October-December quarter of the current financial year.
The bank had reported a net profit of Rs 8,312 crore in the same quarter of the previous year.
ICICI Bank's asset quality also improved during the quarter with gross non-performing assets (NPAs) falling to 2.30 per cent of total loans, down from the corresponding figure of 3.07 per cent in the same quarter of the previous year.
The net NPAs for the quarter declined to 0.44 per cent compared to 0.55 per cent in the third quarter of 2023-24.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz