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BoM Leads in Q2 Deposit and Advance Growth, ICICI Bank Reports Higher Profit, Asia Bank Margins Decline
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Overview
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BoM, a public sector bank in India, leads in Q2 deposit and advance growth. ICICI Bank reports higher profit driven by retail loan demand in India. Asia bank margins to decline due to interest rates, bad loans, and challenges from real estate sector.
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How does BoM's performance compare to other public sector banks in India?
What factors contributed to ICICI Bank's higher profit in Q2?
What measures can Asia banks take to mitigate the decline in margins?
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