ICICI Bank, the second-largest private lender, has reported a net profit of Rs 10,708 crore for the quarter ended March 2024, marking an increase of 17.4%, surpassing analyst forecasts. The bank’s board has recommended a dividend of Rs 10 per share. At the end of the quarter, the bank’s deposits stood at Rs 14,12,825 crore, up by 19.6% from March 2023.
Private sector lender ICICI Bank on Saturday announced that its consolidated net profit for the March 2024 quarter increased by 18.5% to Rs 11,672 crore. This marks a significant rise from the net profit of Rs 9,853 crore reported in the corresponding period of the previous year. The second largest private sector lender showed a 17.4% growth in its profit after tax.
Garcetti acknowledges Indian immigrants' success in the US, with over 10% of Fortune 500 CEOs being Indian. He highlights the significant impact of Indian professionals in leading companies like Google, Microsoft, and Starbucks.
Centre on Saturday allowed export of 99,150 MT onion to six countries - Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka. The Indian govt allows export of 2000 MT of white onion cultivated specially for export markets in Middle-East and some European countries. National Cooperative Exports Limited (NCEL) is the agency for export of onion to these countries.