What to expect from ICICI Bank Q1 earnings
  • WebDesk BTVI
  • Jul 26 2019

ICICI Bank is expected to post a strong first quarter with improved asset quality. NII is seen up 23% at Rs 7,491 crore vs Rs 6,102 crore while PAT is seen at Rs 2,101 crore vs loss of Rs 120 crore. Loan growth is likely to come in at 13% (YoY) driven by retail loan. Asset quality is expected to improve, driven by lower slippages and better recoveries. Gross NPA for the bank is seen at 6.6% vs 6.7% (QoQ).