ICICI Bank unexpectedly slips into quarterly net loss for 1st time in 17 years; NPA provisions hurt

India's second largest private bank, ICICI Bank, has unexpectedly slipped into net loss in the quarter ended June 30 amid the on-going Videocon controversy allegedly involving its CEO and MD Chanda Kochhar.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2uRxt6c