ICICI Bank Ltd. saw yet another good quarter with core PAT beating the brokerage's estimate by 3.7% due to better asset quality; core pre-provision operating profit was in-line at Rs 166 billion. (Photographer: Vijay Sartape/NDTV Profit)
While ICICI Bank's loan growth was softer at 2.1% QoQ due to pricing pressure and slower system growth, reported net interest margin adjusted for tax refund of 2 bps improved by 14 bps QoQ to 4.4% despite tight liquidity.