Saturday, January 23, 2010

ICICI Bank expects robust fee income growth

ICICI Bank may report an increase in its fee income in coming months, a top official at the bank said on Thursday. The country's largest private sector lender also expects robust growth in housing and auto loans in the March-quarter, said Chanda Kochhar, managing director and chief executive officer of ICICI Bank.

The bank said earlier on Thursday that Oct-Dec net profit fell to 11.01 billion rupees (USD239 million) from Rs 12.72 billion a year earlier. A Reuters poll of analysts had forecast net profit of Rs 10.55 billion.
Source: Reuters
Courtesy moneycontrol.com








Also check

No comments:

Post a Comment