ICICI Bank posts record Q3 profit
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Last Updated: Tue, Jan 31, 2012 13:41 hrs
ICICI Bank, India's No. 2 lender, widely beat market estimates in posting its highest ever quarterly net profit, which grew by 20 percent in December quarter, led by a rise in interest income, fees and lower provisions.
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Net profit rose to 17.3 billion rupees from 14.37 billion a year earlier, while net interest income increased 17 percent to 27.1 billion rupees.
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