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ICICI Bank Q4FY22 net profit at Rs 7,019, up 59% YoY

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New Delhi: Private lender ICICI Bank on Saturday reported its profit after tax during Q4FY22 at Rs 7,019 crore, up 59.4 percent year-on-year from the same quarter last fiscal.

The net interest income (NII) of the lender increased by 21 percent year-on-year to Rs 12,605 crore in Q4, from Rs 10,431 crore reported in the same quarter last fiscal.

Besides, non-interest income, excluding treasury income, of the lender increased by 11 percent year-on-year to Rs 4,608 crore in Q4, against Rs 4,137 crore in Q4FY21.

Net NPA ratio declined to 0.76 percent sequentially as on March 31, 2022 from 0.85 percent on December 31, 2021, the lender said in a statement.

This post was last modified on April 23, 2022 10:40 pm

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Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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