'ICICI Bank has reported 15% growth in net profit at Rs 11792.42
crore for the quarter ended December 2024 (Q3FY2025). The bank has posted 9%
growth in net interest income (NII), while the core fee income of the bank
improved 16% in Q3FY2025. The Net Interest Margin (NIM) of the bank improved to
4.25% in Q3FY2025 compared to 4.43% in the corresponding quarter of previous
year.
On business front, the bank as has posted 14% growth in business
with strong 14% surge in loan book. The asset quality of the bank was stable in
Q3FY2025. Bank has also maintained stable credit to deposit ratio at 86.5% at
end December 2024 from 86.6% at end December 2023. The CASA ratio of the bank
has improved to 40.5% at end December 2024 from 39.6% at end December 2023.
Asset quality stable: The bank has
maintained stable asset quality in Q3FY2025.
The fresh slippages of loans stood at Rs 6085 crore in Q3FY2025
compared with 5073 crore in previo...
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