ICICI Bank's Q3 2018 Net Profit Declines By 32 Percent

Written By: Archana
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    ICICI Bank reported a decline in third-quarter 2018's net profit by 32 percent at Rs 1,650 crore against Rs 2,442 crore reported during the same quarter during last year.

    ICICI Bank's Q3 2018 Net Profit Declines By 32 Percent

    The Net interest income was reported at Rs 5,705 crore for the third quarter ending on December 31, 2017.

    The net NPAs dropped to Rs 23,810 crore as against Rs 24,129 crore quarter on quarter basis.

    The provisions declined to Rs 3,569.6 crore as against Rs 4,502.9 crore quarter on quarter basis.

    The Gross bad loans as a percentage of total loans stood at 7.82 percent as on December 31, 2017, against 7.87 percent as on September 30, 2017, and at 7.20 percent a year earlier.

    Story first published: Wednesday, January 31, 2018, 17:46 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more