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(From India Business Insight)
ICICI Bank has reported a 16-percent rise in its net profit to Rs330.30 crore for the third quarter to 31 Dec 2002 from Rs285 crore in the quarter to 30 Sep 2002. The Bank has no year-on-year comparable figures since ICICI Ltd and two of its subsidiaries merged with it on 30 Mar 2002.
For the quarter to 31 Dec 2002, total income and expenditure of the Bank have stood at Rs2,826.53 crore and Rs2,436.80 crore respectively. Net interest income has amounted to Rs343 crore subsequent to amortisation of Rs36 crore for statutory liquidity ratio ...