ICICI Bank Ltd (ICBK.NS), India's biggest private sector lender, reported a record quarterly profit on Thursday, beating analysts estimates, on higher lending and fee income.
Net profit rose 15% to ₹27.09 billion ($440.88 million) for its fiscal second quarter ended Sept. 30 from ₹23.52 billion a year earlier, the Mumbai-based lender said in a statement.
Analysts on average had expected a net profit of ₹26.93 billion for ICICI Bank, which is also listed in New York (IBN.N).
