ICICI Bank profit up by 4.46% to ₹3,018 crore
ICICI Bank on Thursday reported a net profit of ₹3,018 crore for the quarter ended December, a 4.46% rise over the corresponding period a year ago. Net interest income (the bank's core income from lending) increased by 13% to ₹5,453 crore. Profits were dragged down by provisions and contingencies for bad loans, which rose 190.20% year-on-year to ₹2,844 crore.\n