ICICI Bank second-quarter profit falls, lags estimates
- By Reuters |
- Oct 27, 2017
- Last Updated at 16:41 IST
ICICI Bank Ltd, India's third-biggest lender by assets, reported a 34 percent fall in second-quarter profit, missing analysts' estimates.
Net profit fell to 20.58 billion rupees ($316.49 million) in the quarter ended Sept. 30, from 31.02 billion rupees a year earlier, the bank said on Friday. (http://bit.ly/2xrgdnt)
Analysts on average had expected a profit of 24.91 billion rupees, Thomson Reuters data shows.
Gross bad loans as a percentage of total loans stood at 7.87 percent at end-September, versus 7.99 percent at end-June and 6.12 percent a year ago.
RELATED NEWS
Posted on 15- Aug- 2018
Posted on 14- Aug- 2018
Posted on 14- Aug- 2018
Posted on 14- Aug- 2018
Posted on 14- Aug- 2018
Posted on 13- Aug- 2018
Posted on 13- Aug- 2018
Posted on 10- Aug- 2018
Posted on 10- Aug- 2018
Posted on 10- Aug- 2018
The Big Stories
NIFTY Opened on a Negative Note... Read More
NIFTY Expected to Open Negative... Read More
Wall Street ends lower on escalating trade worries... Read More
Turkey's doubling tariffs on U.S. products will amount to $533 million, trade minister says... Read More
UK inflation rises for first time in 2018, seen falling soon... Read More
U.S. industrial output rises modestly, powered by factories... Read More
LIVE ADVISORY
TESTIMONIALS
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
SACHIN PATEL
Good performance services ..Keep up the good work!!! Really appreciate your effort.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advis... Read More
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advisorymandi,com teaches us, how to trade in share market in proper way. Personalized services also tell you about your services like, phone calls, reminders & other suggestions are really very appreciable with polite conversations. Outstanding team effort as they are very cooperative , polite and helps in sorting out problems and queries in best possible manner.
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG... Read More
SHAKTI
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG THANKS for their virtuoso services.
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It... Read More
ADITYA
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It is a best Platform for a beginner who has just started trading. Employee of advisorymandi are very friendly. They are always ready for you to help in any condition. From my opinion every beginner who wants to be a successful trader , they the should join "ADVISORYMANDI.COM"
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL... Read More
MANDEEP
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL DONE!! ADVISORYMANDI.COM AND TEAM
OPINION POLL
Will rupee test the new low of 70?
- Yes
- No
