Essar Steel resolution helps ICICI Bank net jump 158 per cent - News Summed Up

Essar Steel resolution helps ICICI Bank net jump 158 per cent


As per the bank, the year-on-year growth in domestic advances was 16 per cent as of December 2019. As per the bank, the year-on-year growth in domestic advances was 16 per cent as of December 2019. Its core net interest income grew 24 per cent to Rs 8,545 crore on a 16 per cent domestic advances growth and a 0.37 per cent expansion in net interest margin to 3.77 per cent. As per the bank, the year-on-year growth in domestic advances was 16 per cent as of December 2019. Total advances increased by 13 per cent year-on-year to Rs 635,654 crore from Rs 564,308 crore a year ago.


Source: Indian Express January 25, 2020 23:15 UTC



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