Tag: term deposits

ICICI Bank Q1 results: Net profit rises 14.6% to Rs 11,059 cr, NII up 7.3%

2 min read Last Updated : Jul 27 2024 | 4:01 PM IST ICICI Bank on Saturday reported a

The share of term deposits (TDs) offering 7 per cent and above interest rate has jumped to 64.4 per cent

The share of bank loans and term deposits bearing ‘over 8 per cent’ and ‘7 per cent & above’ interest

The share of term deposits in scheduled commercial banks (SCBs) total deposits increased to 60.3 per cent in December 2023

Banks could end FY24 with almost the same net interest margin (NIM) as in FY23 as term deposits are expected