ICICI Bank December Quarter Profit Soars 158% To Rs 4,146 Crore

The country's second largest private sector lender ICICI Bank reported a 158 per cent growth in net profit to Rs 4,146 crore for the third quarter ended December 31 on the back of improvement in asset quality and decline in provisioning. The bank's net profit was Rs 1,604 crore in the corresponding quarter last year, according to a regulatory filing by the private sector lender.