The Q4 results of the private banks as well as state-run lenders were mixed with net interest margins surprising positively for larger banks, but growth remaining elusive. Banks delivered a credit growth of 11% year-on-year (YoY).
ICICI Bank
Chanda Kochhar Goes On Leave, ICICI Bank Names Sandeep Bakhshi As COO
Gold Silver Reports (GSR) – The private lender named Sandeep Bakhshi as its chief operating officer for five years, according to a bank statement filed with the stock exchanges after a day-long board meeting. Bakhshi, currently COO designate, will take over as COO on June 19 or on receiving regulatory and other approvals, whichever is later.
ICICI Bank On Exposure To Videocon Group
ICICI Bank On Exposure To Videocon Group ✅ In 2012 a consortium sanctioned Rs 40,000 crore to Videocon group. ✅ ICICI Bank’s current exposure to Videocon group is …