<p>GST authorites on Wednesday initiated searches at three offices of ICICI Bank, according to news agency <em>ANI.</em></p>.<p>"..On December 4, 2024, GST authorities initiated search at three offices of ICICI Bank. The proceedings are on-going and the Bank is co-operating fully in providing data as per request placed...", the Bank said in an official statement.</p><p>The search comes amid the backdrop of the private sector lender posting a 14.5 per cent growth in standalone profit at Rs 11,746 crore in the second quarter ended September 2024.</p><p>The private sector lender had earned a net profit of Rs 10,261 crore in the September quarter of the previous financial year.</p><p>The total income increased to Rs 47,714 crore during the quarter under review, as against Rs 40,697 crore in the same quarter last year, ICICI Bank said in a regulatory filing.</p> <p><em>(With PTI inputs)</em></p>
<p>GST authorites on Wednesday initiated searches at three offices of ICICI Bank, according to news agency <em>ANI.</em></p>.<p>"..On December 4, 2024, GST authorities initiated search at three offices of ICICI Bank. The proceedings are on-going and the Bank is co-operating fully in providing data as per request placed...", the Bank said in an official statement.</p><p>The search comes amid the backdrop of the private sector lender posting a 14.5 per cent growth in standalone profit at Rs 11,746 crore in the second quarter ended September 2024.</p><p>The private sector lender had earned a net profit of Rs 10,261 crore in the September quarter of the previous financial year.</p><p>The total income increased to Rs 47,714 crore during the quarter under review, as against Rs 40,697 crore in the same quarter last year, ICICI Bank said in a regulatory filing.</p> <p><em>(With PTI inputs)</em></p>
