ICICI Bank second-quarter profit falls by 56% to â¹909 crore
ICICI Bank on Friday reported a 56% decline in second-quarter net profit at â¹909 crore as expenses increased. However, the asset quality of India's third-largest bank improved, with gross bad loan ratio falling by 27 bps sequentially to 8.54%. In the previous quarter ended June, the private lender had reported its first loss in at least 16 years.