ICICI Bank Q2 net profit rises 21.6 percent
October 31st, 2011 - 9:16 pm ICT by IANSMumbai, Oct 31 (IANS) India’s leading private lender ICICI Bank Monday posted an increase of 21.6 percent in net profit at Rs.1,503.19 crore for the quarter ended Sep 30 as against Rs.1,236.27 crore during the same period of the previous financial year.
The bank’s total income stood at Rs.9,897.17 crore — up 25.49 percent — during the quarter under review as against Rs.7,887.03 crore during the same period of the previous fiscal, the company said in a regulatory filing.
The savings deposits, and current account deposits increased by Rs.3,291 crore and Rs.3,220 crore, respectively, during the quarter under review. As on Sep 30, 2011, savings account deposits were Rs.70,149 crore and current account deposits were Rs.32,997 crore.
The non-performing assets decreased by 30 percent to Rs.2,236 crore as on Sep 30 from Rs.3,192 crore during the like period of the previous fiscal.
At the Bombay Stock Exchange, the shares of the company closed 0.26 percent down at Rs.930.50.
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