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HDFC Bank and ICICI Bank Set for Steady Q3 as Earnings Preview Draws Attention
HDFC and ICICI banks are forecast to deliver stable Q3 results with solid loan growth and improving margins, though asset quality pressures persist.
HDFC Bank & ICICI Bank are expected to report steady third-quarter results supported by firm loan growth, improving margins and controlled operating costs, according to brokerages ahead of their earnings release. Agriculture linked asset quality pressures may cause moderate slippages, but broad based credit expansion and healthy deposit trends should bolster results. Other lenders like RBL, Yes Bank & IDBI will also provide quarterly updates soon.