ICICI Bank recorded a net profit of Rs. 4,025 crore for the year ended March 31, 2010, against Rs. 3,758 crore in the previous year, an increase of 7 per cent.
The board has recommended a dividend of Rs. 12 per share against Rs. 11 per share.
The bank recorded a 35 per cent increase in net profit at Rs. 1,006 crore for the quarter ended March 31, 2010, against Rs. 744 crore in the year-ago period. Fee income increased by 13 per cent to Rs. 1,521 crore from Rs. 1,343 crore.
CASA (current account savings account) deposits increased by 34 per cent to Rs. 84,216 crore during the year from Rs. 62,668 crore in the previous year. Total deposits were Rs. 202,017 crore against Rs. 218,348 crore.
The loan book of the bank declined to Rs. 181,206 crore from Rs. 218,311 crore.
Consolidated net profit of the bank has increased by 31 per cent to Rs. 4,670 crore in 2009-10 from Rs. 3,577 crore in 2008-09.
ICICI Bank Canada's net profit increased to Canadian $35.4 million in 2009-10 from Canadian $33.9 million in the previous year. ICICI Bank U.K.'s net profit increased to $37 million from $6.8 million.
Keywords: ICICI Bank