It is a broadly described annual report of ICICI Bank in the year of 2010. ICICI Bank’s Total assets decreased by 4.2% from Rs. 3,793.01 billion at year-end fiscal 2009 to Rs. 3,634.00 billion at year-end fiscal 2010, primarily due to a decrease in advances by Rs. 371.05 billion, offset, in part, by an increase in investments by Rs. 178.35 billion. The profit & loss account shows a profit after tax of Rs. 40.25 billion after provisions and contingencies of Rs. 43.87 billion and all expenses. The disposable profit is Rs. 68.35 billion, taking into account the balance of Rs. 28.10 billion brought forward from the previous year. Profit before provisions and tax increased by 9.0% from Rs. 89.25 billion in fiscal 2009 to Rs. 97.32 billion in fiscal 2010 primarily due to an increase in treasury income from Rs. 4.43 billion in fiscal 2009 to Rs. 11.81 billion in fiscal 2010 and a 16.8% decrease in non-interest expenses from Rs. 70.45 billion in fiscal 2009 to Rs. 58.60 billion in fiscal 2010, offset, in part, by a 3.0% decrease in net interest income from Rs. 83.67 billion in fiscal 2009 to Rs. 81.14 billion in fiscal 2010 and a 13.4% decrease in fee income from Rs. 65.24 billion in fiscal 2009 to Rs. 56.50 billion in fiscal 2010.
The Board of Directors has recommended a dividend at the rate of Rs. 12 per equity share of face value Rs. 10 for the year 2010.
More Annual Report of ICICI Bank:
- Annual Report 2003 of ICICI Bank
- Annual Report 2004 of ICICI Bank
- Annual Report 2005 of ICICI Bank
- Annual Report 2006 of ICICI Bank
- Annual Report 2007 of ICICI Bank
- Annual Report 2008 of ICICI Bank
- Annual Report 2009 of ICICI Bank
- Annual Report 2010 of ICICI Bank
- Annual Report 2011 of ICICI Bank
- Annual Report 2012 of ICICI Bank
- Annual Report 2013 of ICICI Bank
- Annual Report 2014 of ICICI Bank
- Annual Report 2015 of ICICI Bank
- Annual Report 2016 of ICICI Bank
- Annual Report 2017 of ICICI Bank
