ICICI Bank Q3 Update: India’s second-largest private bank to declare Oct-Dec quarter results on THIS date | Company Business News
ICICI Bank Q3 Update: ICICI Bank announced on Tuesday, December 24, that it will conduct its board meeting on Saturday, January 25 to consider its upcoming October-December quarter results for the current fiscal (Q3FY25). India’s second-largest private bank also announced that the trading window for dealing in its securities will remain closed for all designated bank officials (including Directors) and their immediate relatives from January 1, 2025, to January 27, 2025 (both days inclusive).
“We wish to inform you that the meeting of the Board of Directors of the Bank is scheduled to be held on Saturday, January 25, 2025, to, inter alia, consider and approve the unaudited financial results (standalone and consolidated) for the quarter and nine months ending December 31, 2024,” said ICICI Bank in its regulatory filing to the stock exchanges on Tuesday.
Also Read: Market Strategy: Overweight on banks, IT, selective in small, midcaps; Zomato, ICICI Bank among top picks: Motilal Oswal
“In view of the above and pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 read with ICICI Bank Code on Prohibition of Insider Trading, the Trading Window for dealing in the securities of the Bank will remain closed for all Designated Persons of the Bank (including Directors) and their immediate relatives from January 1, 2025 to January 27, 2025 (both days inclusive),” added ICICI Bank.
ICICI Bank Q2 Results
ICICI Bank’s core net interest income rose by 9.5 per cent YoY to ₹20,048 crore in the July-September quarter of FY25, driven by a 15.7 per cent expansion in its domestic loan portfolio. The net interest margin was lower at 4.27 per cent, down from 4.53 per cent a year earlier, as interest-earning asset (IEA) yields softened to 9.20 per cent. Non-interest income grew 10.8 per cent to ₹6,496 crore, primarily fueled by a 13.3 per cent rise in fee income, which reached ₹5,894 crore.
