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16.03.2016 10:00:00
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ICICI Bank Limited -- Moody's: Indian public and private sector banks' asset quality, profitability and loss absorbing buffers differ
Singapore, March 16, 2016 -- Moody's Investors Service says that while the public sector bank, the State Bank of India's (SBI), profitability metrics could face lingering pressure as it spends the next 6-8 quarters rebuilding its balance-sheet buffers, its private sector counterpart, ICICI Bank Limited has seen significant improvement in its core operating profitability, allowing ICICI to absorb a higher level of credit costs.
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