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ICICI Bank Q2 preview: Analysts eye double-digit loan growth, asset quality

Analysts on average believe the private lender's PAT could come in between Rs 2,224.8 crore and Rs 2,769.3 crore, up 144 to 205 per cent YoY

ICICI Bank Q2 preview: Analysts eye double-digit loan growth, asset quality
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Nikita Vashisht New Delhi
Minimal increase in stressed assets, steady slippages, and robust loan growth could make ICICI Bank stand as an outlier among its lending peers for the September quarter results. The bank is scheduled to report its Q2FY20 earnings on Saturday, October 26.

“ICICI Bank will likely be an outlier with lower asset quality issues, steady slippages and very limited additions to stress book” wrote analysts at Prabhudas Lilladher in a results preview note.

They believe a better-than-industry loan growth figure, supported by retail and domestic growth could push the bank’s net interest margin (NIM) slightly upwards. A 14.2 per cent year-on-year