ICICI Bank has reported 26 per cent jump in net profit in the fourth quarter of the fiscal 2019-20 at Rs1,221 crore as against Rs 969 crore a year ago.
The bank’s total income grew by 12 per cent to Rs 23,443 crore in the quarter ended March 30, 2020 from Rs 20,914 crore a year ago. The net interest income grew by 17 per cent to Rs 8,927 crore in the fourth quarter, from Rs 7,620 crore a year ago.
The net interest margin is the highest ever at 3.87 per cent in the fourth quarter.
The bank’s total income grew by 12 per cent to Rs 23,443 crore in the quarter ended March 30, 2020 from Rs 20,914 crore a year ago. The net interest income grew by 17 per cent to Rs 8,927 crore in the fourth quarter, from Rs 7,620 crore a year ago.
The net interest margin is the highest ever at 3.87 per cent in the fourth quarter.