ICICI BANK vs HDFC BANK (Bank results season) – India Earnings Season 2012 Q1

With HDFC Bank reporting renewed confidence in growth and a global mantra of 30% growth successfully met in a quarter of low expectations when ICICI Bank and SBI report tomorrow and the weekend respectively we would also have the acceleration from a lowered provision, ICICI Bank expected to continue reporting a credit growth of 18-20% and a 50% jump in Net profit to $375 million for the quarter too. 

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