ICICI Bank Q1 Result

The lender witnessed an improvement in asset quality as gross NPAs fell to 6.49 per cent of the gross advances by the end of June 2019

The lender's net interest income (NII) stood at Rs Rs 7,737 crore, while the net interest margin (NIM) was 3.61%

Analysts at Sharekhan expect the bank to report a profit after tax (PAT) of Rs 1,377 crore as against a loss of Rs 120 crore in the June quarter of the previous fiscal

Gross bad loans as a percentage of total loans was 8.81 per cent at the end of June, compared with 8.84 per cent at the end of the previous quarter and 7.99 percent a year earlier