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INE090A01013
A0NEWL

Icici Bank

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  • ICICI Bank posts double-digit profit growth as loans and deposits expand

    ICICI Bank reported Q1 fiscal 2027 profit after tax up 15.9% year on year and profit before tax excluding treasury up 20.9%, driven by broad-based loan growth, stable margins and 14% deposit growth. Overall loans rose 19.6% year on year with strong gains in rural, business banking and corporate segments, while net interest income increased 12.7% and net interest margin held around 4.36%. Asset quality remained steady with net NPA at 0.35% and provisions lower than a year earlier; fee income surged 23.5% and operating expenses rose 10.4%. The bank reported a strong capital position and liquidity, and management signaled continued focus on risk-calibrated profitable growth and balance-sheet strength. » More on finance.yahoo.com

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