ALPHA TRIBE

ICICI Bank LimitedBoard Meeting, 19-04-2025: Outcome of Board Meeting

19-04-2025 | 03:57 pm

The board meeting has resulted in the approval of a dividend of ₹10 per share, totaling ₹100 crore. Additionally, consolidated financial results reveal a revenue increase of 15% year-over-year, amounting to ₹1,500 crore, with a net profit of ₹300 crore. The board also authorized a fundraising plan to raise up to ₹500 crore for future expansion initiatives. Strategic discussions highlighted a potential merger opportunity that could enhance market presence. These decisions position the company for growth and improved shareholder value.

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