July 19 (Reuters) – ICICI Bank (ICBK.BO), India’s second-largest lender, expects 20 percent credit growth in this fiscal year to March 2011, its chief executive said on Monday.
The bank is not planning to launch the initial public offering of its broking arm, ICICI Securities, during this fiscal year, Chanda Kochhar told reporters. (Reporting by Devidutta Tripathy)
