ICICI Bank FY 2023 Q4 Results

Summary of the bank’s performance

The bank’s profit after tax is at ₹9,122 Cr (32% higher than last year)

ICICI Bank’s Profits Grew by 32%

Up by 36.4% This is the money the bank earned from its operations, before accounting for losses on loans.

Pre Provision Operating Profit (PPOP)

Grew by 40% NII to average assets ratio is at 4.5%, means higher income from loans and interest-earning assets than expenses on deposits and interest-bearing liabilities.

Net Interest Income (NII)

Highest reported among Indian banks Shows the bank’s efficiency in generating profits using its assets.

Return on Assets (ROA) at 2.3%

Dropped to 0.48% Implies low bad debts classification for loans and high loan repayment by borrowers.

Non Performing Assets (NPAs)

The Indian mutual fund industry has an exposure of ₹1.45 L Cr to ICICI Bank.

Mutual Fund Exposure

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