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ICICI Bank has reported a decrease of 32% in the net profit for the quarter ended December 31,2017, at Rs.1,650 crore, while the profit for the corresponding quarter last year was at Rs.2,442 crore.
Net interest income for the bank was reported at Rs.5,705 crore. Gross NPA was reported at Rs.46,039 crore, while in the last quarter it was at Rs.44,488 crore.
Further, the net NPAs declined to Rs.23,810 crore against Rs.24,129 crore quarter on quarter. The provisions fell to Rs.3,569.6 crore against Rs.4,502.9 crore quarter on quarter. It also posted a 10% increase in loan book.
