American Banker

Loss Provisions May Drop More; ’Hidden Asset‘ for B of A/Fleet?

Large banks took full advantage of improving credit quality during the third quarter, slashing provisions for loan losses and allowing more profits to fall to the bottom line. That trend could ...
Outlook Business

ICICI Bank Q3 Profit Slips 4% YoY as Provisions Double, Core Performance Remains Steady

A sharp increase in provisions weighed on the bank’s bottom line, even as operating performance remained steady and asset ...

ICICI Bank net profit down 4% to Rs 11,318 crore as provisions soar on agri book; asset quality stable

MUMBAI: The second largest lender ICICI Bank has reported a 4% on-year decline in standalone net profit to Rs 11,318 crore ...
American Banker

In Focus: Loss Provisions May Drop More; 'Hidden Asset' for B of A/Fleet?

Large banks took full advantage of improving credit quality during the third quarter, slashing provisions for loan losses and allowing more profits to fall to the bottom line. That trend could ...