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Private banks Q3 review: Mixed performance in a weak quarter, sector's asset quality degrades

Updated : January 30, 2020 01:01 PM IST

Private banks such as IndusInd Bank, Kotak Mahindra Bank and HDFC Bank in their Q3FY20 earnings showed a surge in bad loans on the back of the gloomy economic scenario.
The only bank to report slightly well-shaped earnings is ICICI Bank, though it also sees some swell building up in the gross NPAs.
Private banks Q3 review: Mixed performance in a weak quarter, sector's asset quality degrades

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