ICICI Bank Beats Estimates with 15.9 Percent Profit Rise

India's second-largest private lender reported a net profit of 148 billion rupees for the June quarter as domestic loan demand grew by nearly 20 percent. The bank's performance was further supported by a significant decline in provisions for bad loans and improved asset quality.

X24 AIX24 Perspective
Related Assets:

Related News

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1 - 1205 , Cayman Islands

Copyright IUX24 Media LTD. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and intelligence platform. This site provides market news and analytical data only; it does not constitute investment advice, individual trading signals, or brokerage services. All information is for educational and informational purposes. Trading involves significant risk, and we recommend consulting with a qualified financial professional before making any investment decisions.