ICICI Bank Limited Sponsored ADR (NSE:ICICIBANK) reported Q1 standalone net profit up 15.9% to ₹14,805cr, powered by 12.7% NII growth and 4.36% NIM, with loans and deposits up ~20% and 14% respectively; asset quality stayed strong (GNPA 1.38%, PCR ~76%) though provisions rose to ₹1,260cr.
Previous Week Recap
- ICICI Bank Q1 Profit Rise: ICICI Bank ADR (ICICIBANK) Q1: standalone net profit +15.9% YoY ₹14,805cr; NII +12.7% ₹24,384cr; NIM 4.36%; loans +19.6% ₹16.31Lcr; deposits +14% ₹18.34Lcr; GNPA 1.38%, NNPA 0.35%, PCR ~76%.
- Higher Provisions In ICICI Bank: ICICI Bank ADR (ICICIBANK): quarterly provisions rose to ₹1,260 crore from ₹96 crore; total provisions ₹22,963 crore, about 1.4% of loans; prior-year base was lower.
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