India’s top private lender ICICI Bank reported a strong growth in its Q4 numbers with its net profit coming in much higher than analyst and street expectations. ICICI Bank’s Q4 net profit came in at Rs 9,121.8 crore against Rs 8,311 crore in the previous quarter and Rs 7,019 crore in the same period last year.
ICICI Bank’s Net Interest Income for the quarter ended March 2023 came in at Rs 17,667 crore against Rs 12,605 crore reported during the same period last year and against Rs 17,112 crore estimated in a poll by CNBC-TV18.
The bank also announced that the board has approved a dividend of Rs 8 per share for FY23.
