ICICI Bank Ltd, India's No. 2 lender, expects its net interest margin for the current fiscal year to improve by 10 basis points from the 3.11 percent in 2012/13, chief executive Chanda Kochhar told reporters on Friday.
Earlier, it posted a 21 percent rise in fourth-quarter net profit, in line with estimates, led by higher loan growth.
ICICI Bank posted a net interest margin of 3.3 percent in the March quarter, compared with 3.01 percent in the same period last year.
|Chennai||Rs. 24500.00 (-0.33%)|
|Mumbai||Rs. 25480.00 (-0.08%)|
|Delhi||Rs. 25200.00 (0%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24400.00 (-0.41%)|
|Bangalore||Rs. 24450.00 (0%)|
|Hyderabad||Rs. 24580.00 (0%)|