“The decline in the level of revolvers has impacted profitability,” ICICI Bank group CFO Anindya Banerjee said, adding that the business remained profitable and retained multiple levers-including cost management and rewards optimisation-to sustain returns. “It is a business one would continue to have a very strong focus on.”
US market indexes fall over 1%, dragged by tech and Iran war worries
Major US stock markets experienced a significant drop on Wednesday. Chipmaker stocks continued their decline, while new tensions between the US and Iran added to