ICICI Bank Profit up 10% YoY and Andhra Bank Profit up 110% YoY

Bangalore – Today ICICI Bank and Andhra Bank results were released. ICICI Bank profit is up to  2922 crores YoY.  Profit was boosted by Net Interest Income, Which was expanded to 16.6%. Andhra bank reported record of 110% . Net Interest Income raised the profits. Also other income was expanded by 30% to 400 crores. NII expanded to 44% to 1300 crores.

+Icici  stock down 6 points to 2% at 3 pm.

+Andhra Bank  stock up 3 points to 4.6% at 3pm.

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