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.