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Despite being the second largest bank in the country after SBI in terms of asset size, ICICI Bank lost its share of the banking sector's advances from 10.2% in FY07 to 8% in FY12. At the end of March 2012, the bank had assets of over Rs 4.8 trillion and a franchise of over 9,000 ATMs and 2,750 branches spread across the country. Retail assets constituted 34% of advances in FY12 as against 65% in FY07. The bank is focusing on loan origination in the large corporate, SME and agrie segments and on non-fund based products and services. Besides the bank itself being the market leader across retail loan portfolios, its subsidiaries ICICI Life Insurance, ICICI General Insurance and ICICI AMC are leaders in their respective businesses.
|American Depository Receipts||Feb 27, 2017|
|Price (US$)8.46||Open (US$)8.38||High (US$)8.38||Low (US$)8.27|
|% Change-1.89||Volume6,823,322||Value (US$)9,188,700||52-Week H/L10.62 / 5.15|
ICICI Bank declared the results for the second quarter of financial year ending March 2017 (2QFY17). The bank reported a flattish net interest income while net profits grew by 2.4%YoY in 2QFY17.
ICICI Bank declared the results for the financial year 2015-16 (FY16). The bank has reported 11.5% YoY growth in net interest income and 13% YoY fall in net profits for FY16.
State Bank of India (SBI) declared its results for the third quarter of the financial year 2015-16 (3QFY17). The net interest income for the quarter grew by 8% YoY and the profit was up by 134% YoY.
IDFC Bank declared its results for the third quarter of the financial year 2016-17 (3QFY17). The bank posted a 25.8% YoY growth in interest income and 21% fall in profit during the quarter. Since the bank commenced its banking operations on 1st October 2015, the year-on-year performance for the 9mFY17 is not strictly comparable.
HDFC Bank declared the results for the third quarter of financial year ending March 2017 (3QFY17). The bank has reported 18% YoY and 15% YoY growth in net interest income and net profits respectively in 3QFY17.More Views on News
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