INSUBCONTINENT EXCLUSIVE:
ICICI Bank Shares: At 9:55 am, the shares were trading at Rs 595, up 4.4 per cent, on the BSEICICI Bank shares skyrocketed more than 4 per
cent to top the gainer's list on the BSE after the private sector bank reported a 260.5 percent year-on-year (YoY) growth in standalone
earnings at Rs 4,402.61 crore for quarter ended March 2021
The revenue in the matching duration in 2015 stood at Rs 1,221.4 crore
At 9:55 am, the shares of ICICI Bank were trading at Rs 595, up 4.4 per cent, on the BSE.The country's leading economic sector loan provider
reported a growth of 17 per cent in net interest income to Rs 10,431 crore during the quarter.ICICI Bank's core operating earnings - the
profit prior to provisions and taxes, grew 20 percent year-on-year to Rs 8,565 crore in the fourth quarter of the fiscal year 2020-21,
compared to Rs 7,148 crore in the year-ago period.The economic sector bank's net interest earnings (NII) - or the difference between
interest made and interest paid, in the 4th quarter grew 17 per cent on year to Rs 10,431 crore, compared to Rs 8,927 crore in the year-ago
period.The BSE Sensex was trading at 48,585.55, greater by 723.05 points or 1.650 per cent and the NSE Nifty was at 14,536.60, up 195.15
points or 0.35 per cent at the time.
