MUMBAI (Reuters) – India’s ICICI Bank reported a record high profit for the fiscal third quarter on Saturday, helped by strong loan growth.
The private bank reported a standalone net profit of 102.72 billion rupees ($1.24 billion) for quarter ended Dec. 31, compared to 83.12 billion last year.
The standalone numbers exclude the business of the bank’s subsidiaries.
($1 = 83.0864 Indian rupees)
(Reporting by Siddhi Nayak; Editing by Varun H K)
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