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ICICI Bank to Try a New Strategy to Get Back on Track
May 10, 2018
Private sector ICICI Bank, which saw a massive decline of 50% in its standalone net profit for Q4, FY18 said that it will implement a “preserve, change, and grow” strategy to make up for the loss and get back on track towards business growth.
ICICI Bank’s Managing Director and CEO Chanda Kochhar said that the new strategy will focus on the reconciliation and resolution of the non-performing assets (NPAs) and growth of the retail loan portfolio.
