Indian banking outlook to improve next fiscal as margin declines halt says S&P arm
The Economic Timesยท2025-10-28 09:04
ICICI Bank Ltd., "ICICI Bank's implied upside as of Oct. 3 was 23.2%, the third-highest among the 20 largest banks in Asia-Pacific by market capitalization," the report said.Banks have gained on the back of government reforms which are supporting growth in the world's fastest-growing major economy. "Bank shares have gained after the government simplified goods and services tax rules and slashed the levies on most goods in September to spur economic growth. Most economists expect the The central bank kept it ...