How has been the historical performance of the ICICI Bank?
ICICI Bank has shown consistent growth from March 2020 to March 2025, with interest earned increasing from Rs 74,798.32 crore to Rs 1,63,263.78 crore, and profit after tax rising from Rs 7,930.81 crore to Rs 47,226.99 crore, alongside significant asset growth and branch expansion. Overall, the bank has improved its financial health and operational scale significantly.
Answer:The historical performance of ICICI Bank shows a consistent growth trajectory across various financial metrics over the years leading up to March 2025.Breakdown:
ICICI Bank's interest earned has increased significantly from Rs 74,798.32 crore in March 2020 to Rs 1,63,263.78 crore in March 2025, reflecting a robust growth in income on investments and interest on advances. The total income also rose from Rs 91,246.94 crore in March 2020 to Rs 1,91,770.48 crore in March 2025. Net interest income followed a similar upward trend, reaching Rs 81,164.44 crore in March 2025, compared to Rs 33,267.07 crore in March 2020. Profit before tax surged from Rs 14,048.04 crore in March 2020 to Rs 62,616.20 crore in March 2025, while profit after tax increased from Rs 7,930.81 crore to Rs 47,226.99 crore over the same period. The bank's total assets grew from Rs 12,42,795.02 crore in March 2019 to Rs 23,69,248.46 crore in March 2024, indicating strong asset accumulation. Additionally, the number of branches expanded from 4,874 in March 2019 to 6,983 in March 2025, reflecting the bank's growth strategy. Overall, ICICI Bank has demonstrated significant improvement in its financial health and operational scale over the years.
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