India's ICICI Bank posts 25% jump in net profit

07/31/2013 | Business Standard (India)

High treasury gains and strong growth in interest income helped boost net profit 25% in the latest quarter at India's ICICI Bank, the nation's largest private lender. "For this quarter, we have reported 32% year-on-year growth in our consolidated profit after tax. This has translated into consolidated return on equity of 15.6%, which is highest for last several quarters," said Chanda Kochhar, ICICI managing director.

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Business Standard (India)

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