ICICI Bank FY13 net profit up 29 per cent: Chanda Kochhar
ICICI Bank posted a 29 per cent rise in standalone net profit for FY13, led by higher loan growth, Chanda Kochhar, MD and CEO of the country's number two lender said on Friday. She added that provisions were higher in the fourth quarter, on account of higher restructuring. "FY13 is the first year where on an entire year basis, our NIM was above 3 per cent," Ms Kochhar said.
