ICICI Bank Q4 consolidated net jumps 27 per cent to Rs 9,853 cr

Total income moved up to Rs 36,108.88 crore in the reporting quarter, as against Rs 27,412.32 crore in the year-ago period

from | The HinduBusinessLine https://ift.tt/hVMI0ao

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Banks’ credit growth moderated in March 2023 due to unfavourable base effects, tapering of credit offtake momentum

SCBs’ credit growth moderated to 15 per cent as on March 24, 2023, from the peak of 17.8 per cent recorded in October 2022

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Political stability keeping India ahead in an uncertain global scene: HDFC's Deepak Parekh

India is not immune to global disruptions, so some slowdown in growth is inevitable, he said, adding, since India is a domestic, consumption-based economy, India is less dependent on the global economy compared to countries that rely heavily on exports.

from Banking/Finance-Industry-Economic Times https://ift.tt/qUw281R

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Yes Bank Q4 net drops 45% to ₹202 crore

Profits for both the March quarter and the fiscal year have been impacted by accelerated provisioning, the bank said.

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ICICI Bank refutes reports of data breach; here's what we know so far

In its 4-point statement, ICICI Bank categorically denies the data breach incident. Researchers tell ETCISO that although the leaked KYC data appears legitimate, it cannot be attributed to a lapse by the banking major.

from Banking/Finance-Industry-Economic Times https://ift.tt/SRIULfq

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