Shares In ICICI Bank Fall Post Quarterly Results

Shares in ICICI Bank fell almost 1 per cent, after its quarterly numbers failed to enthuse investors. The shares were last trading at Rs 332 on the NSE.

The country's second largest private sector lender by assets, reported a net profit of Rs 1,221.36 crore for the quarter ended March 31, 2020. This was an increase of 26.04 per cent compared to its net profit of Rs 969.06 crore in the corresponding period a year ago.

Net interest income (NII, the difference between interest earned and interest expended - rose 17 per cent to Rs 8,927 crore in the fourth quarter of financial year 2019-20, compared to Rs 7,620 crore in the year-ago period.