ICICI Bank Q3 Net Jumps 17% On Core Income, Retail NPAs Rise

ICICI Bank on Saturday reported a 17.73 per cent jump in its December quarter consolidated net profit to Rs 5,498.15 crore, helped by a jump in core income but experienced a surge in bad assets from its retail loans.

On a standalone basis, the second largest private sector lender by assets showed a 19.12 per cent rise in the post-tax profit to Rs 4,939.59 crore for the reporting quarter, up from Rs 4,146.46 crore in the October-December 2019 period.

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