Market 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.