Shares of India’s second-largest private lender ICICI Bank (ICBK.NS) rose 1% on Monday, after the bank posted a record-high quarterly profit.
Standalone net profit rose 35.8% to a record 102.61 billion rupees ($1.23 billion) in the second quarter from a year earlier, while analysts expected a profit of 96.26 billion rupees, according to LSEG data.
($1 = 83.1800 Indian rupees)
Reporting by Varun Vyas in Bengaluru
Our Standards: The Thomson Reuters Trust Principles.
