HDFC Bank and ICICI Bank closed higher on Monday after strong results over the weekend, as investors bet on their ability to sustain loan growth and margins while managing credit costs.

ICICI Bank is increasingly outperforming HDFC Bank across key financial metrics, signaling a potential power shift in Indian banking. While HDFC Bank grapples with merger integration challenges impacting growth,

Bank stocks are witnessing a robust rally, with the Nifty Bank index reaching an all-time high. Strong performances from leading banks like HDFC and ICICI have raised market optimism, while credit growth is forecasted to accelerate amid supportive fiscal policies.