ICICI Bank reported a 15.9% year-on-year rise in Q1 FY27 net profit to Rs 14,805 crore, driven by healthy growth in net interest income, strong fee income and lower provisions. Net interest income increased 12.7% to Rs 24,384 crore, while fee income jumped 23.5%. The bank's net interest margin remained stable at 4.36% during the June quarter.
ICICI Bank reported a 15.9% year-on-year rise in Q1 FY27 net profit to Rs 14,805 crore, driven by healthy growth in net interest income, strong fee income and lower provisions. Net interest income increased 12.7% to Rs 24,384 crore, while fee income jumped 23.5%. The bank's net interest margin remained stable at 4.36% during the June quarter.
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