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ICICI Bank PBT soars 187% in Q3 on growth in interest, other income
The private sector lender had posted PBT of Rs 1,902 crore in Q3FY19
ICICI Bank Q3 preview: Essar Steel recovery may trim provisions, aid profit
As per estimates by Motilal Oswal Financial Services, the bank is poised to write-back provisions worth Rs 2,100 crore (Essar Steel), & Rs 400 crore (Rs 200 crore each from Ruchi Soya & Bhushan Power)
ICICI Bank gains 6% ahead of December quarter results
The stock moved higher by 6% to Rs 368 on BSE on the back of heavy volumes.
ICICI Bank Q3 net drops 32% to Rs 16.5 bn; smallest profit in 7 quarters
Gross bad loans as a percentage of total loans stood at 7.82% at the end of December, compared with 7.87% at Sept. 30 and 7.2% a year earlier.
