The bank's gross non-performing asset (NPA) stood at 2.30 percent, down from 3.07 percent in the same quarter of the previous year.
The private lender reported a 34 percent rise in PAT for the quarter ended December 31, 2022, to Rs 8,312 crore.
India's largest private sector lender ICICI Bank's third quarter (October-December) standalone net profit jumped more than 30% year-on-year to Rs 2,250 crore, driven by robust net interest income, which increased 29% to Rs 3,500 crore. Other income too climbed 17% to Rs 2,215 crore adding to the profit margin.