ICICI Bank posts record profit in Q3 with robust loan growth

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ICICI Bank reported a record high profit for the fiscal third quarter on Saturday, helped by strong loan growth.

The private bank reported a standalone net profit of ₹10,272 crore ($1.24 billion) for quarter ended Dec. 31, compared to ₹8,312 crore last year.

The standalone numbers exclude the business of the bank’s subsidiaries