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Hindi News Business ICICI Bank Asset Quality Improves, NPA Drops To 1.53%; Sandeep Bakhshi MD CEO For 2 Years Mumbai1 hour ago copy link ICICI Bank, the country’s second largest private bank, has released the results of its third quarter (Q3 FY26) of its current financial year on Saturday (January 17). The bank’s net profit…
New Delhi: Bank of Baroda’s shares fell sharply by 10.91 per cent on Tuesday after the public sector bank reported weak financial results for the March quarter (Q4 FY25). Bank of Baroda reported 3.3 per cent year-on-year increase in net profit at Rs 5,048 crore in Q4, from Rs 4,886 crore in the previous quarter…
New Delhi: The gross non-performing asset (NPA) ratio for scheduled commercial banks (SCBs) have improved significantly with a reduction to 2.67 per cent in June 2024 from 11.18 per cent in March 2018, according to the government. Moreover, SCBs recorded highest-ever aggregate net profit of Rs 23.50 lakh crore in FY2023-24, against a net profit…
New Delhi: The Indian Bank on Monday reported a 40.6 per cent jump in net profit to 2,403.42 crore for the April-June quarter of the current financial year, from Rs 1,709 crore in the same quarter of 2023-24. The asset quality of the bank also improved during the quarter with gross non-performing assets (NPA) of…
New Delhi: Private sector banking major, ICICI Bank has posted a net profit growth of 14.6 per cent year-on-year (YoY) in the first quarter of financial year 2025 (Q1FY25), reaching to Rs 11,059 crore. The net interest income (NII) of the bank rose by 7.3 per cent YoY to Rs 19,553 crore, slightly above the…