Signals, Powered By EquityPandit
ICICI Bank Ltd has posted a decline of 19% for its third quarter on account of rise in bad loans.
The net profit declined to Rs 2,442 crore for the December quarter from Rs 3,018 crore of a last year.
The bad loans as a percentage of total loans increased to 7.91% at the end of December, from 6.82% at the end of September and 4.72% of a previous year.
