INSUBCONTINENT EXCLUSIVE:
ICICI Bank on Friday reported a net profit of Rs 908.88 crore for the July-September period
That marked a nearly 56 per cent fall from a net profit of Rs 2,058.19 crore posted for the corresponding period a year ago
year-ago period.Net interest income for the quarter ended September 30, 2018 rose 12.4 per cent to Rs 6,418 crore, from Rs 5,709 crore in
the year-ago period, according to a regulatory filing by the banking major.Net interest margin - the difference between the interest
generated and interest paid - rose to 3.33 per cent in Q2, from 3.19 per cent in the previous quarter.Gross NPA (non-performing assets)
additions dropped to Rs 3,117 crore in Q2, from Rs 4,036 crore in the quarter ended June 30, 2018
Gross bad loans as a percentage of total loans stood at 8.54 per cent at September-end, as against 8.81 per cent in the previous quarter,
and 7.87 per cent in the corresponding period a year ago.The net NPA ratio decreased to 3.65 per cent at the end of the September
