NEW DELHI: ICICI Bank Ltd posted a 78% jump in profit in the first quarter, helped by strong net interest earnings and lower bad loan buffers amid the recent deadly coronavirus wave.
Net income at India’s second-largest private lender stood at 46.16 billion rupees (US$620mil or RM2.62bil) in the three months to June, compared with 25.99 billion rupees (RM1.48bil) a year ago, according to a statement.
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