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Icici Bank ( (IBN) ) has provided an update.
ICICI Bank Limited announced its financial results for the quarter and nine months ended December 31, 2024. The bank reported a significant increase in its net profit from ordinary activities, reaching ₹11,792.42 crore for the quarter, an improvement from the previous year’s ₹10,271.54 crore. This growth is attributed to higher interest earnings and other income, reflecting the bank’s strong performance and strategic market positioning. These results are part of the bank’s disclosure to the Indian stock exchanges in compliance with recent regulatory requirements.
More about Icici Bank
ICICI Bank Limited is a major banking institution based in Mumbai, India. It operates in the financial services industry, offering a wide range of products such as loans, credit cards, and investment services. The bank focuses on various sectors including retail banking, corporate banking, and asset management, serving both domestic and international markets.
YTD Price Performance: -4.93%
Average Trading Volume: 4,291,603
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $98.78B
Find detailed analytics on IBN stock on TipRanks’ Stock Analysis page.
