Analysts find ICICI Bank's Q3 results encouraging, with the ...

Moomoo AI Jan 22, 2024 23:22

Analysts find ICICI Bank's Q3 results encouraging, with the NIM decline as expected. The 'steady and healthy' results show strong loan growth and return on assets, with only 'slight' margin compression. NIM compression is 'nearing its end', with fiscal 2024 NIM expected to match fiscal 2023.

ICICI Bank's Stock Rallies Toward a Record as Decline in Net Interest Margin Is Seen 'Nearing Its End'

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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