ICICI Bank stocks shurgs off Q1 losses; brokerages bullish

Epic Update ICICI Bank

ICICI Bank rallied as much as 3% early Monday even as the lender reported its first-ever quarterly loss.

On Friday, it reported a net loss of Rs 120 crore on a standalone basis for the first quarter of 2018-19 due to additional provisions on existing non-performing assets (NPAs).

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