ICICI Bank: ICICI Bank clocks a 14.6% surge in profit on treasury gains
ICICI Bank, India’s second largest private sector lender, beat Street expectations with a 14.6% rise in first-quarter net profit at Rs 11,059 crore, buoyed by strong treasury income. Analysts polled by Bloomberg had forecast on average a net profit of Rs 10,517 crore. The lender recorded a net profit of Rs 9,648.20 crore a year…
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