desk
Share
ICICI Bank has released its March quarter results. The bank announced the results on Saturday. The bank's profit and NII have seen double digit growth. Along with this, the bank's total advances have also seen a growth of more than 10 percent. The bank's asset quality has improved compared to the previous quarter. The impact of the bank's results will be seen on the stock in the next session. In the previous session, the stock closed at 1406 with a gain of 3.7 percent.
Along with the results, the bank has also announced
dividend. In the information sent to the stock market, the bank said that the board has announced a dividend of Rs 11 on a share with a face value of Rs 2. Earlier, the board had announced a dividend of Rs 10 with an ex-date of August 12, 2024. At the same time, a dividend of 8 percent was given with an ex-date of August 9, 2023. The return of the stock has been 32 percent in the last one year. The stock is currently above the level of 1400. How were the business figures The total advances of the bank have increased by 13.3 percent compared to last year and have reached 13.42 lakh crores. There has been an increase of 2.1 percent in this compared to the December quarter. At the same time, domestic advances have increased by 13.9 percent compared to last year. There has been an increase of 2.2 percent in this compared to the December quarter. As of March 31, 2025, retail loans are 52.4 percent of the total loan portfolio. Loans disbursed in rural areas have increased by 5.1 percent compared to last year.
--Advertisement--
