Saturday, May 9, 2020

ICICI BANK WILL ANNOUNCE Q4 RESULT ON 9 MAY 2020


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Today ICICI Bank results are coming. The bank's asset quality is expected to improve in the March quarter due to write-offs. Apart from this, due to low provisioning and low base of fourth quarter of FY 2010, the bank's business will see good growth. Brokerage houses expect the bank's profit to grow 200% year-on-year in the March quarter. It is estimated that ICICI Bank's interest income will grow 15 % year-on-year in the March quarter. Can. The loan growth rate is expected to be 12 % year -on-year. Today, ICICI Bank's results will keep a close eye on the management's commentary on the bank's asset quality and the impact of the lockdown on the bank.


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