ICICI Bank logs Rs 9,648 crore net in Q1
Privately owned ICICI Bank on Saturday said its standalone net profit for Q1FY24 zoomed by 39.7 per cent to Rs 9,648.20 crore.
Privately owned ICICI Bank on Saturday said its standalone net profit for Q1FY24 zoomed by 39.7 per cent to Rs 9,648.20 crore.
In three other instances, the SCNs were given but since the adjudication process was not completed, the banks' names were withheld, said Sarda.
On December 23, CBI had arrested Chanda Kochhar and Deepak Kochhar. The couple is scheduled to remain in CBI custody till today (December 26).
The CBI arrested the couple on Friday in connection with the alleged ICICI Bank-Videocon money laundering case. The CBI lawyer in the court said that they have arrested accused number four and five, as per the First Investigation Report registered with them.
The CBI lawyer in the court said that they have arrested accused number four and five, as per the First Investigation Report registered with them.
In the past year, ICICI Bank shares have rallied 28 per cent. Brokerages remain bullish on the stock and see up to 43 per cent upside going forward on account of a positive asset quality outlook.
Parthasarathy was arrested by the city police here on August 19 on charges of defaulting on a Rs 137 crore loan taken from IndusInd Bank
This comes when the country’ petrol and diesel consumption is expected to grow by 14% and 10% respectively in FY22, according to rating agency ICRA.
The tailormade platform enables merchants to meet their banking requirements seamlessly ensuring smooth functioning amid the pandemic.
The second largest private sector lender said the interest rate offer, which is valid till March 31, is the lowest in 10 years.
