MUMBAI: ICICI Bank has reported net profit of Rs 10,261 crore for the quarter ended September 2023, an increase of 35.8% over the corresponding quarter last year. The profit increase followed business growth, improved margins and a reduction in the number of bad loans. The bank’s deposits at the end of the quarter rose 18.8% year-on-year to Rs 12.9 lakh crore, while its domestic loan book grew 19.3% year-on-year to Rs 10.7 lakh crore.
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