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ICICI Bank profit rises 15% to ₹11,792 cr on treasury gains

The New Indian Express Mysuru

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January 26, 2025

COUNTRY'S second-largest private sector lender ICICI Bank on Saturday reported a near 15% growth to ₹11,792 crore in net income in the third quarter ending December on robust interest income and treasury gains from bonds.

- BENN KOCHUVEEDAN @ Mumbai

The bank management told reporters in a concall on Saturday that the key net interest income for the quarter rose 9.1% to ₹20,371 crore, boosting its net income by 14.8% even though the margin compressed to 4.25% from 4.43% a year earlier.

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