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ICICI Bank Q3 profit declines 3% to Rs 1,605 cr, GNPA ratio improves

Net interest income up 21% to Rs 6,875 cr, other income rises 9% to Rs 3,404 cr

ICICI Bank Q3 profit declines 3% to Rs 1,605 cr, GNPA ratio improves
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Nikhat Hetavkar Mumbai
Private lender ICICI Bank saw its net profit for the December quarter fall by three per cent to Rs 1,605 crore against Rs 1,650 crore a year ago, said the bank in a filing to the exchanges.

This was the bank’s first official quarter under Sandeep Bakhshi’s leadership. He was appointed MD and CEO in October after Chanda Kochhar stepped down. He was previously appointed as the bank’s interim CEO in June, while Kochhar was on leave facing investigation by the bank.

Net interest income rose 21 per cent to Rs 6,875 crore in December 2018, from Rs 5,705 crore

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First Published: Jan 30 2019 | 6:41 PM IST

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