Analysts are expecting a profit growth for the bank for the 1st time in the last eight quarters led by net interest margins improved to about 3.5 %.
The key factor to watch would be the slip of around Rs 2100 to 2600 crore. In the last quarter, they were at Rs 2100 crore.
Loan growth for the bank is expected to improve to 14-15 % from last quarter’s 12.5-12 %.
everyone eyes will be on ICICI Bank as it reports its 4th quarter earnings today.
Analysts are expecting a profit growth for the bank for the 1st time in the last 8Q led by net interest margins improved to about 3.5 %. Increase in lending rates should aid NIMs.
The key factor to watch would be the slippages, which are expected to be around Rs 2100 to 2600 crore. In the last quarter, they were at Rs 2100 crore.
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Analysts will be watching the % of down that comes from the watch list and non-watch list. The total watch list stresses assets were at Rs 18,812 crore, which is about 3.33 % of the book.
Loan growth for the bank is expected to improve to 14-15 percent from last quarter’s 12.5-12 %. Net interest income (NII) growth would be around 19 %, while on lower base the profit after tax growth could be as high as 112 % year on year.
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