- LATEST
- WEBSTORY
- TRENDING
BUSINESS
THIS Indian bank got richer by Rs 26445 crore in one day after...
The bank's stock emerged as the biggest winner among Sensex firms. The company's market valuation soared to Rs 9,11,095.63 crore.
Updated : Oct 28, 2024, 06:29 PM IST
 "THIS Indian bank got richer by Rs 26445 crore in one day after...")
TRENDING NOW
)
Sikandar box office collection day 7: Salman Khan, Rashmika Mandanna film fails to cross Rs 100 crore mark by...
)
Casting couch scandals resurface: Tamil actress Shruthi Narayanan's viral video sparks fresh debate in film industry
)
Meet woman who failed to qualify for UPSC exam in her 1st attempt, later cracked IES exam with AIR 3, know how a backup plan turned her setback into success story
)
SRH vs GT IPL 2025 Dream11 prediction: Fantasy cricket tips, probable playing XIs, team news, injury updates for Sunrisers Hyderabad vs Gujarat Titans
)
Throwback video: Mukesh Ambani would want to go on date with this actress, while Nita Ambani with this politician
)
Forget Aabha Paul, check out 5 hot pics, videos of Kangana Sharma
)
Meet OYO founder Ritesh Agarwal's wife Geetansha Sood, supported him when he had only Rs 30 in his pocket, she is director of...
)
Who is Rishi Parti, man who bought most expensive penthouse at Gurugram's DLF Camellias for Rs 190 crore, built company at 24, his business is...
)
Meet Chandrakumari Raghuram Shetty, wife of BR Shetty, Dubai billionaire who had to sell his company for just Rs 74
)
Panchayat Season 4 release date: Jitendra Kumar aka Abhishek Tripathi is back as Sachiv ji; Prime Video's hit show to release on...
)
This superstar 'lost control' during intimate scene with Madhuri Dixit, bit her lip, left her bleeding, in tears, film became superhit, it was..
)
'You don't have image or talent': Meet 'average actor' who was insulted by Rishi Kapoor, he later became star with.., has net worth of...
)
JP Morgan predicts U.S. recession by year end amid tariffs; Jefferies sees limited impact on Indian exports
)
Deepinder Goyal reveals what he did right to make Zomato profitable, claims company is now going after larger share of...
)
'Dukaandari hi karna hai?' Union Minister Piyush Goyal slams Indian startups; Zepto founder Aadit Palicha, Mohandas Pai, others hit back
One of the largest private sector banks in India got richer by Rs 26445 crore on Monday after it posted a 14.5 per cent growth in standalone profit at Rs 11,746 crore in the second quarter ended September 2024. It was ICICI Bank, whose shares climbed over 3 per cent on October 28 after the earnings announcement. The company's market valuation soared Rs 26,445.04 crore to Rs 9,11,095.63 crore.
The stock jumped 2.96 per cent to settle at Rs 1,292.65 on the BSE. During the day, it surged 4.16 per cent Rs 1,307.80. At the NSE, it climbed 3.10 per cent to Rs 1,294.40. The stock emerged as the biggest winner among Sensex firms.
The private sector lender had earned a net profit of Rs 10,261 crore in the September quarter of the previous financial year. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04 and the NSE Nifty surged 158.35 points or 0.65 per cent to 24,339.15.
The total income increased to Rs 47,714 crore during the quarter under review, as against Rs 40,697 crore in the same quarter last year, ICICI Bank said in a regulatory filing. The bank reported an interest income of Rs 40,537 crore during the quarter compared to Rs 34,920 crore in the year-ago period. The net interest income (NII) improved by 9.5 per cent to Rs 20,048 crore from Rs 18,308 crore in the second quarter of the previous year.
On the asset quality front, the bank witnessed improvement with gross non-performing assets (NPAs) declining to 1.97 per cent of the gross loans by the end of September 2024, as against 2.48 per cent a year ago.
(Except for the headline, this story has not been edited by DNA staff and is published from PTI)
