Higher tax outgo, slippages in retail loans roil ICICI Bank, net down 6%

To a question on whether the rise in low grade loans is attributable to the overall slowdown, he said the bank is not immune to the overall economic environment which is not much to write home about.

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

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ICICI Bank Q2 net profit down, but asset quality improves; key figures in nutshell

Private sector lender ICICI Bank on Saturday posted a 6.09 per cent decline in consolidated net profit for the September quarter at Rs 1,131.20 crore.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/32PembO

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Higher tax outgo, slippages in retail loans roil ICICI Bank, net down 6%

To a question on whether the rise in low grade loans is attributable to the overall slowdown, he said the bank is not immune to the overall economic environment which is not much to write home about.

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

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ICICI Bank Q2 net profit down, but asset quality improves; key figures in nutshell

Private sector lender ICICI Bank on Saturday posted a 6.09 per cent decline in consolidated net profit for the September quarter at Rs 1,131.20 crore.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/32PembO

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World Bank to continue with $6 billion annual lending support to India

World Bank President David Malpass has said the multi-lateral funding agency will continue with $ 6 billion lending target for India. World Bank right now has 97 projects with $24 billion committed. So, we expect the programme to continue and to reflect the projects and reforms that were going on in India. Maybe 5-6 billion dollars per year," he told media in an interaction.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2PshB5f

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