ICICI Bank Q2 Report: PAT Up 14.5%, Loan Book Shows Strong Momentum

On 26 October 2024, ICICI Bank reported a standalone profit after tax (PAT) of ₹11,746 crore, marking a robust 14.5% year-on-year rise. This surge came as the bank’s loan book grew steadily and core lending income gained momentum. In a market where margins are under pressure, ICICI’s performance signals strong operational execution. While the lending business expanded, the bank also kept a close watch on asset quality and provisions.