ICICI Bank Beats Profit Forecast, Margins Under Pressure

ICICI Bank Beats Profit Forecast, Margins Under Pressure

ICICI Bank Ltd. posted better-than-expected earnings as India’s second-largest private lender benefited from healthy loan growth, even as margins remained under pressure.

Net income grew 5.2% to 123.59 billion rupees ($1.4 billion) in the three…

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