ICICI Bank has allotted 221,439 equity shares under ESOS on 29 October 2018.

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ICICI Bank has allotted 79200 equity shares under ESOS on 25 October 2018.

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Meanwhile, the S&P BSE Sensex was up 168.04 points, or 0.5% to 33,517.35

On the BSE, 23.89 lakh shares were traded in the counter so far compared with average daily volumes of 10.66 lakh shares in the past two weeks. The stock had hit a high of Rs 344 and a low of Rs 326.65 so far during the day. The stock hit a record high of Rs 365.65 on 29 January 2018. The stock hit a 52-week low of Rs 256.50 on 16 July 2018.

ICICI Bank's net profit dropped 55.84% to Rs 908.88 crore on 2.67% fall in total income to Rs 18262.12 crore in Q2 September 2018 over Q2 September 2017. Consolidated profit after tax was Rs 1205 crore (US$ 166 million) in Q2 September 2018 compared to Rs 2071 crore (US$ 286 million) in Q2 September 2017.

The core operating profit (profit before provisions and tax, excluding treasury income) was Rs 5285 crore (US$ 729 million) in Q2 September 2018 compared to Rs 4794 crore (US$ 661 million) in Q2 September 2017. Provisions were Rs 3994 crore (US$ 551 million) in Q2 September 2018 compared to Rs 4503 crore (US$ 621 million) in Q2 September 2017.

The bank's total capital adequacy at 30 September 2018 as per Reserve Bank of India's guidelines on Basel III norms was 17.84% and Tier-1 capital adequacy was 15.38% compared to the regulatory requirements of 11.03% and 9.03% respectively. The net NPA ratio decreased from 4.19% at 30 June 2018 to 3.65% at 30 September 2018.

ICICI Bank is one of the leading private sector banks in India. The bank had a network of 4,867 branches and 14,417 ATMs at 30 September 2018.

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Net profit of ICICI Bank declined 55.84% to Rs 908.88 crore in the quarter ended September 2018 as against Rs 2058.19 crore during the previous quarter ended September 2017. Total Operating Income rose 11.26% to Rs 15105.63 crore in the quarter ended September 2018 as against Rs 13577.05 crore during the previous quarter ended September 2017.

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