India’s Top Private Banks Deliver Strong Q1 Earnings as Credit Demand Accelerates, Lower Bad Loan Costs Lift Profitability
India’s largest private-sector banks delivered another quarter of robust earnings growth, underscoring the resilience of the country’s banking sector as stronger retail and corporate loan demand, improving asset quality, and lower provisions for bad loans offset pressure on lending margins and weaker treasury income. Results from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank […]
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