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ICICI Bank: Expect margins to be stable till RBI cuts repo rate, says ICICI Bank ED Batra

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ICICI Bank

Expect margins to be stable till RBI cuts repo rate, says ICICI Bank ED Batra

This story was originally published at 18:53 IST on October 26, 2024  Back
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ICICI Bank expects net interest margins to remain stable until the Reserve Bank of India cuts the repo rate, Executive Director Sandeep Batra said in a post-earnings media call on Saturday. The bank's net interest margin moderated to 4.27% in Jul-Sept from 4.36% a quarter ago and 4.53% a year ago.

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