ICICI Bank's earnings as much as so many crores, know

by Jeremy Spirogis
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ICICI Bank's revenue grew by 158% to Rs 4,146.46 crore within the October-December quarter. In the December quarter of 2018, there was a revenue of 1,604.91 crore.

On an annual foundation, there was a 51% discount in provisioning. The financial institution supplied Rs 2,083 crore within the earlier quarter. In the December quarter of 2018, this determine was Rs 4,244 crore. The financial institution introduced quarterly outcomes on Saturday.

Retail mortgage progress stood at 19%
Net curiosity revenue elevated by 24% to Rs 8,545 crore. 6,875 crore within the December quarter of 2018. Net curiosity margin has been 3.77%. There is a 17% enhance in revenue from charges. 15% progress has been registered within the common deposit of present and financial savings account. <! –

                 Fixed deposits grew by 24% on an annual foundation. Total mortgage progress was 16%. Retail loans grew by 19%.

Gross NPA ratio lowered to five.95%

Quarter Net npa ratio Gross npa ratio
October-December 2019 1.49% 5.95%
July-September 2019 2.58% 6.37%
October-December 2018 1.60% 7.75%

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