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ICICI Bank Profit Climbs
ICICI Bank(IBN Quote) said first-quarter earnings rose 17% from the year-ago period, boosted by higher net interest income.
The company earned 6.20 billion rupees ($135 million), or Rs 7.11 a share, in the quarter, compared with 5.30 billion rupees ($115 million), or Rs 6.90 a share, a year ago.
Total income for the quarter rose 50.2% from a year ago to 63.16 billion rupees ($1.37 billion) and net interest income rose 52.2% from a year ago to 14.75 billion rupees ($320 million). ...
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