Mumbai: ICICI Bank’s net profit rose 36% to ₹10,261 crore in the second quarter amid continued loan growth and a rise in fee income as asset quality remained stable.
Total advances in the July-September period rose 18% from the year earlier, led by a 21% growth in retail loans, which comprised 54% of the total loan portfolio at India’s second biggest private sector lender. Business banking loans, or mid-corporate credit above the threshold of ₹250 crore, grew 30% year-on-year. Loans to s ..
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