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ICICI Bank Reports Robust Q2 Results

ICICI Bank Reports Robust Q2 Results

ICICI Bank reported a rise in its 2Q2022 net profits by 32% YoY to INR 55bn ($742mn). The bank’s net interest income (NII) rose 25% YoY to INR 116bn ($1.6bn) and fee income grew 21% YoY to INR 381bn ($513mn). Profits were helped by a 9% reduction in provisions...
ICICI Bank Reports Robust Q2 Results

ICICI Reports 3.6x Profit Growth

India’s private banking major ICICI Bank reported strong earnings for the quarter ending March 31, 2021. The bank reported a 260% growth in its Q4 stand alone Profit after Tax (PAT) to INR 44.03bn ($602mn) up from INR 12.21bn ($167mn) last year. Highlights of...
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