ICICI Bank reported a 31-basis-point increase in NIM to 4.31% in the September quarter from a year earlier. NIM is the difference between the yield a bank earns on loans and the interest it pays on deposits, and is considered a key matrix to judge bank profitability. One basis point is 0.01 percentage point.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
June 25, 2026