The Board of Directors of ICICI Bank Limited approved the audited accounts of the Bank for the quarter ended September 30, 2017.
Consolidated profit after tax was Rs. 2,071 crore (US$ 317 million) in Q2-2018.
Net NPA ratio decreased from 4.86% at June 30, 2017 to 4.43% at September 30, 2017.
Net interest income increased by 9% on a year-on-year basis to Rs. 5,709 crore (US$ 874 million) in the quarter ended September 30, 2017.
The year-on-year growth in domestic advances was 13%.
CASA deposits increased by 20% year-on-year to Rs. 246,876 crore.
The Bank’s capital adequacy at September 30, 2017 as per Reserve Bank of India’s guidelines on Basel III norms was 17.56% and Tier-1 capital
adequacy was 14.50%.
The gross NPA additions declined to Rs. 4,674 crore (US$ 716 million) in Q2-2018 compared to ₹ 4,976 crore (US$ 762 million) in Q1-2018 and ₹ 8,029crore (US$ 1.23 billion) in Q2-2017.
Digital channels like internet, mobile banking, POS and call centre
accounted for about 81% of the savings account transactions in H1-2018.