ICICI Bank profit declines 2.75% to ₹1604.91 crore

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ICICI Bank’s profit dipped 2.75% to ₹1604.91 crore. The bank reported the decline during the October-December quarter. The net profit during Q3 stood at ₹1,604.91 crore. The profit was lower than ₹1965.20 crore estimated by Bloomberg poll.

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Only profit dipped by a single digit! This can happen only in India. Even when the head is sacked for corruption it does not mean loss
Just a dip in profit! That is how much country got liberalised to cronies and wealthy.

newreach