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Weekly Recap: NIM squeeze and hybrid fixed-to-floating home loans

ICICI Bank Limited Sponsored ADR (NSE:ICICIBANK) slid as liquidity tightens and higher sovereign yields squeeze NIM, with recent earnings boosted more by lower credit provisions than core interest income; the bank is also marketing hybrid home loans that shift from fixed to floating rates, signalin…

ICICIBANK

ICICI Bank Limited Sponsored ADR (NSE:ICICIBANK) slid as liquidity tightens and higher sovereign yields squeeze NIM, with recent earnings boosted more by lower credit provisions than core interest income; the bank is also marketing hybrid home loans that shift from fixed to floating rates, signalin…