EconomyIndia’s ICICI Bank reports 15.9% rise in Q1 profit, beats estimates

India’s private-sector lender ICICI Bank posted first-quarter profit above expectations on Saturday. Profit rose 15.9%, supported by stronger demand for loans and a reduction in provisions for bad loans. The result points to firmer credit demand while lowering the pressure from loan-loss provisions. The bank’s quarterly performance exceeded what analysts had forecast.

India bankingICICI Bankquarterly profit

RReuters★★★☆☆2026-07-18 11:40Original