ICICI Bank Profit Jumps 23.4% as JPMorgan Lifts Price Target
Accelerating loan growth and improving asset quality drove the Indian lender's fiscal second-quarter results, while rival HDFC Bank showed slower profit growth amid margin pressure.
ICICI Bank's profit rose 23.4% year-over-year in its fiscal second quarter, prompting JPMorgan to raise its price target on the stock.
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