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Aug 01, 2014
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ICICI Bank net rises 17% to Rs 2,655 cr
ICICI Bank on Thursday reported a 17% rise in net profit at R2,655 crore for the three months to June 2014. The net profit was boosted by non-interest income, dividend from subsidiaries and growth in the retail portfolio.Asset quality deteriorated marginally during the quarter with gross non-performing asset (NPA) ratio moving up 2 bps to 3.05% sequentially, and the net NPA ratio rising 2 bps q-o-q to 0.99%. The percentage of net non-performing customer assets to net customer assets was 0.87%. Customer assets include advances and credit substitutes.
Source -
http://www.financialexpress.com
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