ICICI Bank Ltd, India’s biggest private sector lender, reported a record quarterly profit on Thursday, beating analysts estimates, on higher lending and fee income.
Net profit rose 15 percent to 27.09 billion rupees ($440.88 million) for its fiscal second quarter ended Sept. 30 from 23.52 billion rupees a year earlier, the Mumbai-based lender said in a statement.
Analysts on average had expected a net profit of 26.93 billion rupees for ICICI Bank, which is also listed in New York.
($1 = 61.4450 Indian rupees)
ICICI Bank Q2 profit up 15 pct to $440 mn, beats estimates
Net profit rose 15 percent to 27.09 billion rupees ($440.88 million) for its fiscal Q2...
Mumbai
Updated: 
This article was first uploaded on October thirty, twenty fourteen, at forty-one minutes past two in the afternoon.