ICICI Bank is bridging the gap with HDFC Bank, in valuation2 min read 25 Apr 2022, 11:28 PM IST
ICICI Bank has bridged the valuation gap faster than expected due to its strong core performance
There were many positive takeaways for ICICI Bank Ltd investors from its March quarter (Q4FY22) earnings. Improving asset quality, lower provisions, and a healthy credit growth helped Q4 net profit surpass expectations. Further, the private sector lender’s domestic net interest margin (NIM) and return on assets touched an all-time high in Q4.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category