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ICICI Bank's Q2 profit falls 13% on higher provision

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Published Mon, Nov 7, 2016 · 09:50 PM

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ICICI Bank

Singapore

INDIA'S ICICI Bank saw its second-quarter net profit plunge 13 per cent to 29.79 million rupees (S$620,400) on flat net interest income and higher provisions.

Earnings per share for Q2 FY2017 were 5.12 rupees compared to 5.89 rupees in Q2 FY2016.

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