BloombergNSE:ICICIBC
Credit Growth to Lift India Bank Profits Despite Likely FX Losses
Strong credit growth should have kept fourth-quarter numbers healthy at Indian banks including HDFC Bank Ltd. and ICICI Bank Ltd., though earnings may have been dented by trading losses linked to the central bank’s rupee derivatives curbs.
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Harshita Swaminathan, Rachel Yeo, Gareth Allan
Redação · Hace 4 h
Strong credit growth should have kept fourth-quarter numbers healthy at Indian banks including HDFC Bank Ltd. and ICICI Bank Ltd., though earnings may have been dented by trading losses linked to the central bank’s rupee derivatives curbs.