The bank's net profit on standalone basis was Rs 2,352 crore in the same period last fiscal, ICICI Bank said in a statement. The total income in the July-September period of the current fiscal increased to Rs 14,888.95 crore, from Rs 12,979.75 crore in the second quarter of 2013-14. On a consolidated basis, ICICI Bank's net profit rose 14 per cent to Rs 3,065 crore as compared to Rs 2,698 crore in the same quarter of the previous fiscal. The total income during the period under review was Rs 22,150.39 crore as against Rs 19,015.58 crore in the same period a year ago.

During the second quarter, the net interest income of the bank increased 15 per cent to Rs 4,657 crore from Rs 4,044 crore in the same period a year ago. The net interest margin (NIM) during the period rose to 3.42 per cent as compared to 3.31 per cent at the end of September 2013. Provisions during the quarter rose to Rs 850 crore as compared to Rs 625 crore in the same period of the previous fiscal due to rise in bad assets of the bank. The gross non-performing asset (NPA) as a percentage of total advances rose to 3.12 per cent from 3.08 per cent in the same quarter a year ago. Its net NPAs went up to 1.09 per cent from 0.85 per cent at the end of September 2013.

Total advances increased by 14 per cent to Rs 3,61,757 crore at the end of September 30, 2014. The bank continues to see healthy growth in its retail disbursements resulting in a year-on-year growth of 25 per cent in the retail portfolio as on September 30, 2014, it said.
    
The retail portfolio constituted 40 per cent of the loan portfolio of the bank at the end of second quarter, it added. During the first half of the current fiscal, ICICI Bank's net profit on a standalone basis rose 16 per cent at Rs 5,364.31 crore as against Rs 4,626.26 crore in the same period a year ago. Total income rose to Rs 29,505.66 crore in the first six months from Rs 25,884.7 crore in the same period a year ago. ICICI Bank shares were trading 0.47 per cent down at Rs
1,596.35 during afternoon session on the BSE.

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