ICICI Bank logs Q2 PAT of Rs 10,261 crore
Private sector ICICI Bank on Saturday said it closed the second quarter of FY24 with an increased net profit of Rs 10,261 crore.
Private sector ICICI Bank on Saturday said it closed the second quarter of FY24 with an increased net profit of Rs 10,261 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 second largest private sector lender said the interest rate offer, which is valid till March 31, is the lowest in 10 years.
The other services such as ‘Scan to Pay’, ‘Check Balance’ and ‘Bill Payments’ have seen the maximum usage.
Gainers of the Sensex pack were led by Mahindra and Mahindra (M&M), soaring around 7 per cent, followed by Bajaj Finserv, Bharti Airtel, PowerGrid, Infosys and ICICI Bank.
Its total income increased to Rs 24,416 crore whereas, it stood at Rs 23,638 crore in the year ago period.
Following the stake sale, LIC's holding in the bank has reduced to 6.74 per cent from 8.74 per cent earlier.
