Quarter better than expected, Core profits up 10% YoY ICICI reported a quarter better than expectation with 1) an advance growth of 12% YoY, 2) NIM expansion by 14bps QoQ to 3.3%, 3) growth in core profits by 10% YoY, 4) lower credit cost coupled with compression in GNPA by 27 bps to 8.5% coupled with improving coverage, 5) favorable credit risk profile, with A- and above book increasing to 65.5% vs 63.3%, fall in BB and below by 12% QoQ and in drill down list as well. With robust momentum in retail advance growth, increasing pricing power and largely at the end of...