ICICI BANK NET RISES 30%

A sharp decline in provisions and healthy growth in both interest and fee income helped ICICI Bank post a 30 per cent rise in net profit for the quarter ended December 31, 2010, at Rs 1,437 crore (Rs 1,101 crore). This is the highest-ever growth in net profit during a quarter, said Ms Chanda Kochhar, MD and CEO of the bank.

SOURCE: http://www.thehindubusinessline.com/todays-paper/article1122176.ece