ICICI Bank has released its December quarter results. The bank's profit has increased by 15 percent compared to last year. At the same time, net interest income has increased by more than 9 percent on a year-on-year basis. The profit figure has been better than the estimate received in the CNBC TV 18 poll. However, net interest income has been slightly below the estimate. There has been stability in the asset quality of the bank. The stock closed with a gain in Friday's session.

How were the quarterly figures?

According to the released data, the bank's profit has increased by 14.8 percent compared to last year and has increased from Rs 10271.6 crore to Rs 11792.4 crore. In the CNBC TV18 poll, a profit of Rs 11332.7 crore was estimated. That is, the profit has been 4 percent more than the estimate. The bank's net interest income has increased by 9.1 percent compared to last year and has increased from Rs 18678.6 crore to Rs 20340.6 crore. The poll had estimated NII of Rs 20461.4 crore. Net interest income is the difference between the interest paid by the bank on deposits and the interest earned on loans disbursed. The bank's asset quality has remained stable on a quarter-on-quarter basis. Gross NPAs have been at 1.96 percent, which was at 1.97 percent in the September quarter. Net NPAs stood at 0.42%, which remained at the same level in the September quarter as well.