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ICICI Bank’s sharp drop in provisions signals strength; HDFC Bank treads carefully amid growth concerns: Dnyanada Vaidya

ICICI Bank surprised with a significant drop in provisioning, signaling improved asset quality and a strong recovery pipeline. In contrast, HDFC Bank adopted a cautious growth strategy, prioritizing profitability and asset quality amidst macroeconomic headwinds. HDFC Bank also aims to boost its deposit market share, expecting it to outpace credit growth.

Source :- Markets-Economic Times Read More

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