The disbursement growth of ICICI Bank between July and September 2007 was almost flat, compared with the previous quarter April to June 2007. This was stated by the bank’s chief financial officer Vishakha Mulye while announcing the Q2 results of the current financial year in Mumbai on Friday.
The bank’s net profit for Q2 was Rs 1,003 crores as against Rs 755 crores in the corresponding period last year. The interest expended was Rs 5,730 crores as against Rs 3,892 crores a year ago. Net interest inc-ome rose 34 per cent, dep-osits grew 20 per cent and retail loan growth recorded 22 per cent jump.
Saturday, October 20, 2007
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