NEWS & ADVICE : PERSONAL LOAN
ICICI Bank posts 44% rise in NII
By Vaibhav Aggarwal
Apr 29, 2011
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The largest private sector lender of the country, ICICI Bank has booked 44% rise in net interest income for the last quarter of the fiscal just ended.

The bank has posted net profit worth Rs 1452 crore as compared to Rs 1006 crore in the year prior to that.

"We are through with the consolidation phase. We have resumed on the growth path. Most of the bank's specific parameters showed improvement in FY2011," said Ms Chanda Kochhar, Managing Director and CEO.

The non interest income has however seen a 13% dip amounting to Rs 1641 crore.


 


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