ICICI FY19 net falls 50% on high expenses, provisions
New Delhi, May 7 -- ICICI Bank Ltd posted a 50% decline in net profit for fiscal year 2018-19 at Rs.3,363.30 crore because of higher expenses and provisions. Operating profit however grew 17% to Rs.22,072 crore, suggesting an improvement in core operational performance at the private sector lender....
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