India ICICI Bank’s net profit jumps 30% in January-March

Mumbai, April 22 (BNA): Indian private lender ICICI Bank (ICBK.NS) on Saturday announced a 30% increase in net profit for the fourth fiscal quarter ending in March, on the back of improved net interest income and health loan. growth.


Reuters reported that standalone net profit for the quarter was 91.22 billion Indian rupees ($1.11 billion), up from 70.19 billion rupees in the same quarter a year earlier.


Analysts expected the bank to report a net profit of 90.41 billion rupees, according to Refinitiv data.


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