Earnings / Banks
ICICI Bank Profit Rises 20.1% to Rs148.43 Billion, Beating Estimates as Loans Jump 30%
Standalone profit of Rs148.43 billion topped the Rs142.51 billion LSEG estimate, with net interest income up 17.7%, even as headline loan growth was flattered by an FCNR(B) scheme and margins narrowed to 4.18%.