Subscribe To Our Free Newsletter |
ICICI , Kotak & IndusInd log best Q1 in 5 years
ICICI Bank, Kotak Mahindra and IndusInd Bank logged their best performance in at least five years as corporate credit gathers momentum amid capacity expansions and as retail demand for cars and homes remains largely unaffected by the recent surge in inflation. For ICICI Bank, loans expanded 21.3% on year with retail loans climbing 24%, business banking portfolio growing 45% and domestic wholesale banking portfolio rising 14%.