ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Vadodara. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Core operating profit (profit before provisions and tax, excluding treasury income) grew by 19% year-on-year to 10,273 crore (US$ 1.3 billion) in the quarter ended June 30, 2022 (Q1-2023)
Net interest income grew by 21% year-on-year in Q1-2023
Profit after tax grew by 50% year-on-year to ` 6,905 crore (US$874 million) in Q1-2023
Total period-end deposits grew by 13% year-on-year to 1,050,349 crore (US$ 133.0 billion) at June 30, 2022
Average current account and savings account (CASA) ratio was 45.8% in Q1-2023
Domestic loan portfolio grew by 22% year-on-year
I expect a correction to come in this stock in the coming weeks. Will look for a buy after the end of correction
Goodluck!
Core operating profit (profit before provisions and tax, excluding treasury income) grew by 19% year-on-year to 10,273 crore (US$ 1.3 billion) in the quarter ended June 30, 2022 (Q1-2023)
Net interest income grew by 21% year-on-year in Q1-2023
Profit after tax grew by 50% year-on-year to ` 6,905 crore (US$874 million) in Q1-2023
Total period-end deposits grew by 13% year-on-year to 1,050,349 crore (US$ 133.0 billion) at June 30, 2022
Average current account and savings account (CASA) ratio was 45.8% in Q1-2023
Domestic loan portfolio grew by 22% year-on-year
I expect a correction to come in this stock in the coming weeks. Will look for a buy after the end of correction
Goodluck!
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Free stock markets analysis Telegram channel:
t.me/stocksfromtechnicaleye
Paid trading group
patreon.com/thesharkke
Reliable broker
go.tradenation.com/visit/?bta=37130&brand=tradenation
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.