ICICI Bank Reports Strong Profit Growth and Leadership Update

Icici Bank (IBN) has released an update.

ICICI Bank has announced its unaudited financial results for the quarter and six months ending September 30, 2024, showing a robust operating profit of ₹16,723.18 crore, reflecting a strong performance in interest and other income. The bank’s net profit from ordinary activities after tax reached ₹11,745.88 crore, indicating a steady growth trajectory. Additionally, the board approved the inclusion of Mr. Vipul Agarwal in senior management, suggesting strategic leadership moves.

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