ICICI Bank reported growth of 36.2 percent on YOY

ICICI Bank announced its quarterly results on July 25, 2020. Profit after tax increased by 36.2 percent with 2,599.15 crore Rs for Quarter1 compared to 1908 crores Rs reported for the same quarter, previous year, backed by some stake sale in general and life insurance subsidiaries.
Net interest income witnessed a growth of 19.9 percent on a year on year basis. The net interest margin was 3.69 percent in Quarter 1 compared to 3.61 percent a year ago for the same quarter.