ICICI Bank on Saturday reported a 35 per cent jump in net profit in the third quarter this fiscal at Rs 1,230 crore (Rs 12.30 billion) compared to Rs 910 crore (Rs 9.10 billion) in the year-ago period.
The bank clocked a total income of Rs 10,338 crore (Rs 103.38 billion) in the October-December quarter as compared to Rs 7,581 crore (Rs 75.81 billion) in the year-ago period, an increase of 36 per cent.
Meanwhile, the board of ICICI Securities approved the initial public offer and private placement of shares to one or more institutional investors.
Source: PTI
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