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Thursday, April 28, 2011

ICICI bank Q4 results 2011 for the year

ICICI bank Q4 results 2011 for the year ended March 31, 2011 have been issued by the bank today on 28th April 2011. ICICI Performance Review is available here. There is the increase in dividend to Rs. 14 per share.

There is an increase of 44% in standalone profit after tax to Rs. 1,452 crore for the fourth quarter ended from Rs. 1,006 crore for the fourth quarter ended March 31, 2010. Current and savings account deposit ratio is increased to 45.1% at from 41.7%. Provision coverage ratio is increased to 76.0% from 59.5%.

The Board of Directors of ICICI Bank approved the audited accounts of the Bank at its meeting held at Mumbai today.

There is the increase in Profit after tax to 44% with 1,452 crore.

At March 31, 2011, ICICI had 2,529 branches with 6,104 ATMs that made it the largest branch network among private sector banks of India.

To check ICICI Bank Q4 Results 2011 in detail visit at the following link of its official website. Summary Profit and Loss Statement and Balance Sheet is available: ICICI Bank Results

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