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ICICI Bank Ltd. (IBN)

  • Fri, Jul. 31, 8:55 AM
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  • Mon, Apr. 27, 8:39 AM
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  • Apr. 26, 2013, 12:51 PM
    Profits at ICICI Bank (IBN -1.5%) rose 29% Y/Y for FY13 and 21% Y/Y for FQ4 as the firm capitalized on healthy demand for retail loans. Lending for homes and autos should continue to grow at a 20% clip going forward, India's largest private bank says. Net interest margins (core banking) expanded to 3.3% from 3.1%. The bank's NPLs stood at just 2.68% of total lending and Tier-1 capital was 12.8% at the end of the quarter. (PR)
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Company Description
ICICI Bank Ltd is a banking company engaged in providing banking and financial services including retail banking, corporate banking and treasury operations.
Sector: Financial
Country: India