SECOND-largest private sector lender ICICI Bank on Saturday reported a 14.5% rise in net income at ₹11,746 crore, beating Street expectations, helped by healthy interest income against a marginal increase in operating expenses.
Brokerages were expecting the bank to log in only ₹10,989 crore in net income.
The bank told reporters in a concall on Saturday that the net interest income increased by 9.5% to ₹20,048 crore. The net interest margin printed at 4.27%, down from 4.36% in the previous quarter and 4.53% in the year-ago period.
The bank's cost of deposit grew by 35 basis points year-on-year and 4 basis points quarter-on-quarter to 4.88%.
Denne historien er fra October 27, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra October 27, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Getting Off Medication Against Doctor's Advice Can Lead To Heart Disease
GEORGE (name changed), from Cherthala in Kerala, was 41 when he found out he has high cholesterol during a routine health checkup.
THE MASTER WHO REMAINS A STUDENT
Filmmaker Mani Ratnam opens up in a candid conversation with Gautham Vasudev Menon, reflecting on his creative process, and his enduring humility in the face of a celebrated four-decade career
YEAR OF ORIGINS
Six exceptional prequel films prove how 2024 is one of the best years for origin stories
Kili chronicles
Sudarson Sah, known as the Birdman of Chennai, takes us through personal stories behind the shots of Meiyazhagan and his experiences of parenting and feeding birds and animals
Tumbbad-fame Pankaj Kumar to make directorial debut
According to reports, Tumbbad (2018) cinematographer Pankaj Kumar will be making his directorial debut with the tribal actioner, titled Konyak.
Tiny greens, big impact
• What are microgreens? Microgreens refer to young plants, typically harvested after the first two to four leaves emerge. They are used fresh, as toppings for salads, sandwiches, or soups, providing a gourmet touch and a health boost.
POWER OF POETRY
BODIES, caste, sexuality, desire, and violence—these topics filled the poems penned by Malathi, Kutty Revathi, Salam, and Sukirtharani, in the early 2000s. A new vocabulary of feminist writing slowly solidified.
Sculpting balance
What does it mean to live in harmony with nature? How do we, as modern humans, reconcile assurance with balance or abundance with convenience?
A future where age is just a number
What if we could spend most of our lives in good health?
Gukesh loses as Ding pulls off a classic
After four hours and change in the humble, unglamorous everyday office chair, Ding Liren finally got up. He left the playing hall for a break.
