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Article: ICICI Bank Q1 PAT up 25 per cent at Rs 775 crore.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- July 21, 2007
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ICICI Bank Q1 PAT up 25 per cent at Rs 775 crore
Mumbai, Jul 21 (PTI) India's biggest private sector lender ICICI Bank today posted a 25 per cent increase in net profit for the first quarter at Rs 775 crore, backed by a sharp jump in fee income and international assets.
The bank had earned a profit of Rs 620 crore in the same quarter last year.
Total income rose to Rs 9,281.42 crore from Rs 6,049.66 crore in the same period last fiscal, a 53.42 per cent surge.
Expressing satisfaction over the performance, ICICI Group Chief Financial Officer (CFO) Vishakha Mulye said fee-based businesses and international operations contributed a ...