ICICI Bank has released its quarterly results. The bank's profit has been better than the market estimates. According to the information given to the stock market, the bank's profit in the second quarter has increased by 14 percent compared to last year. At the same time, net interest income has increased by 10 percent compared to last year. The bank's profit has been about 7 percent more than the estimates found in the CNBC TV 18 poll. At the same time, NII has been slightly above the estimates. The bank's asset quality has improved in the second quarter. NPA ratios have come down compared to the first quarter. ICICI Bank's stock has seen a rise in Friday's trading and the stock closed at 1255.5 with a gain of 0.23 percent.

How were the quarterly results?

ICICI Bank's quarterly profit has been Rs 11745.9 crore, an increase of 14.5 percent compared to last year. A year ago this figure was Rs 10261 crore. This profit figure is 6.5 percent higher than the CNBC TV 18 poll. The market estimate was Rs 11029.8 crore. The bank's net interest income has been Rs 20,048 crore, which is 9.5 percent higher than last year. The market had estimated NII of Rs 19995 crore. The bank's asset quality has improved on a quarter-on-quarter basis. The bank's gross NPA has come down from 2.15 percent to 1.97 percent compared to the first quarter. At the same time, net NPA has come down from 0.43 percent to 0.42 percent compared to the first quarter. On the basis of loan value, gross NPA has come down from Rs 28719 crore to Rs 27121 crore. Net NPA has come down to Rs 5685 crore, which was close to the same level in the previous quarter. How were other figures? The bank's non-interest income has increased by 11 percent. At the same time, income from fees has increased by 13 percent. Domestic loans have increased by 15.7 percent year-on-year to Rs 12.43 lakh crore. The bank's total deposits have also increased by about 16 percent. The average CASA ratio has been 39 percent.