ICICI Q4 Results 2022: India’s second largest private lender has announced changes at key managerial positions, the bank informed in its filing to exchanges. The decision was taken in a board meeting that also approved the ICICI Q4 Results 2022.

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The Board of Directors of ICICI Bank on Saturday approved the appointment of Rakesh Jha as a Wholetime Director (designated as Executive Director) of the Bank subject to regulatory approvals for a period of five years effective from May 1, 2022 or the date of approval of his appointment by RBI, whichever is later, the exchange filing said.

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ICICI Bank Q4FY22 Results: Profit surges 59% YoY to Rs 7019 cr; lender announces Rs 5 dividend

As per the bank’s filing to exchanges, ICICI Bank’s profit after tax grew by 59 per cent YoY to Rs 7,019 crore in Q4FY22 from Rs 4,403 crore in a year-ago quarter, while NII increased by 21 per cent YoY to Rs 12,605 crore in March-end quarter of FY22 as against Rs 10,431 crore in Q4FY21.