India, July 19 -- ICICI Bank on Saturday reported a 13.88 per cent jump in June quarter consolidated profit at Rs 15,440 crore, up from Rs 13,558 crore in the year-ago period on the back of faster credit growth.

In an exchange filing, the second-largest private sector lender said its standalone net profit grew 15.95 per cent to Rs 14,804 crore for the April-June quarter on a standalone basis, up 15.95 per cent from Rs 12,768 crore in the year-ago period. The net interest income (NII) increased 12.7 per cent on-year to Rs 24,384 crore in the quarter under review, on the back of a nearly 20 per cent jump in advances and a slight widening in the net interest margin to 4.36 per cent.

Its Executive Director, Sandeep Batra, said the bank was ...