ICICI Financial institution This fall Outcomes: Web Revenue Rises 17.4% To Rs 10,708 Crore, NII Up 8.1% – News18


ICICI Financial institution has introduced its This fall monetary outcomes. (Consultant Picture)

ICICI Financial institution This fall Outcomes: Its internet NPA ratio declined to 0.42 per cent within the March 2024 quarter, from 0.44 per cent as on December 31, 2023

Personal sector lender ICICI Financial institution on Saturday reported a 17.4 per cent year-on-year leap in its internet revenue to Rs 10,708 crore for the March 2024 quarter (This fall FY24). Its internet curiosity revenue (NII) throughout January-March 2024 rose 8.1 per cent year-on-year to Rs 19,093 crore, in contrast with Rs 17,667 crore within the year-ago interval.

ICICI Financial institution’s internet NPA ratio declined to 0.42 per cent within the March 2024 quarter, from 0.44 per cent as on December 31, 2023, in accordance with a BSE submitting.

The board really useful a dividend of 10 per fairness share of face worth of two every, topic to requisite approvals. The dividend on fairness shares, might be paid/despatched on or after the identical is authorised by the shareholders on the ensuing Annual Common Assembly (AGM) of the financial institution.

Provisions (excluding provision for tax) have been Rs 718 crore in This fall FY24 in comparison with Rs 1,619 crore in This fall FY23.

The web curiosity margin stood at 4.40 per cent in This fall-2024 in comparison with 4.43 per cent in Q3-2024 and 4.90 per cent in This fall 2023.

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