asset quality - Wander City

‘Reaping the rewards’: Why short-term investors leaning towards ICICI Bank over HDFC Bank? Key reasons explained – Times of India

alishpagda08@gmail.com2 months ago04 mins

Short-term investors are leaning towards ICICI Bank in the private banking space, thanks to its solid June quarter results. With strong profit growth and steady margins, ICICI is currently edging out rival HDFC Bank in investor preference.HDFC Bank is currently dealing with various post-merger issues, notably an elevated credit-deposit (CD) ratio, which has affected investor…

India’s domestic economic conditions will continue to be supportive for growth: Moody’s Rating – Times of India

alishpagda08@gmail.com3 months ago03 mins

Moody’s Ratings on Tuesday said that India’s strong domestic economic environment will continue to support economic growth, helping banks maintain healthy asset quality and keeping systemwide nonperforming loan (NPL) levels between 2–3 per cent over the next 12 months.In a report focused on the Indian banking sector, Moody’s stated that even amid heightened global economic…

ICICI Bank Q3 profit rises 15% to Rs 11,792 cr – The Times of India

alishpagda08@gmail.com8 months ago02 mins

NEW DELHI: ICICI Bank on Saturday reported 15 per cent rise in standalone net profit at Rs 11,792 crore for the third quarter ended December 2024. The second-largest private sector lender had earned a net profit of Rs 10,272 crore in the same quarter a year ago. Total income increased to Rs 48,368 crore from…