The annual results of the top private sector banks in the country, ICICI Bank and HDFC Bank show that the entities have been proactive in terms of pricing their loans higher. This is keeping in mind the RBI's tendency to choke liquidity to rising inflation.
What is also clear from these banks' performance is that they are keen to ensure profitability even at the cost of growth. While the high margins may not be sustainable for long, they definitely come handy in terms of keeping the banks afloat in difficult times.
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