Sandeep Batra, President ICICI bank Ltd announces bank’s much-anticipated results, on Saturday, for the quarter ending June 30, 2020, and has recorded a profit after tax of INR 2599 cr – a significant 36% rise from the INR 1908 cr recorded in Q1-2020.
India Business News: MUMBAI: ICICI Bank has reported a net profit of Rs 2599 crore for the quarter ended June 30, 2020, an increase of 36% over Rs 1,908 crore in the corre.
Lender makes additional ₹5,550 crore provision to cushion balance sheet from impact of COVID-19
ICICI Bank Q1 Results: Net profit rose 36.3% year-on-year to Rs 2,600 crore in the June quarter on the back of net interest income that increased 20% to Rs 9,279 crore.
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