INSUBCONTINENT EXCLUSIVE:
ICICI share: ICICI Bank shares were swinging between gains and losses.ICICI Bank shares were swinging between gains and losses ahead of
January-March quarter and financial year 2018-19 earnings
ICICI Bank share price fell as much as 0.98 per cent on the BSE and on the National Stock Exchange, ICICI Bank share price fell as much as
1.77 per cent to Rs 396.50
ICICI Bank, the country's second largest private sector lender after HDFC Bank by market value (market capitalisation), is expected to
announce January-March quarter earnings later in the day.ICICI Bank's net profit in the October-December quarter fell 2.74 per cent to Rs
1,604.91 crore from Rs 1,650 crore during the same period last year
Its net interest income came in at Rs 6,875 crore compared with Rs 5,705 crore, an increase of 20.50 per cent year-on-year.ICICI Bank's
profit in the previous quarter fell on account of higher provisioning for bad loans
The bank provided for Rs 4,244 crore for bad loans in December quarter compared with Rs 3,994.29 crore provided in the September quarter.Its
gross non-performing assets as a percentage of total advances came in at 7.75 per cent versus 8.54 per cent in the previous quarter.In
today's trading session, ICICI Bank shares witnessed lower trading volume in today's session as 4.31 lakh shares changed hands on the
BSE compared with an average of 9.51 lakh shares traded daily in the past two weeks.In the January-March quarter ICICI Bank shares have
risen 11.2 per cent compared with a jump of 7 per cent in the Nifty 50 Index.Get the latest election news, live updates and election
schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general
Election results will be out on May 23.
