 "ICICI Bank Q4FY18 preview: Will higher provisions dent profitability?")
ICICI Bank is likely to announce its results for the March 2018 quarter (Q4FY18) results today. In the previous quarter, the bank’s net profit fell 32% in the quarter ended December 2017 due to lower income from treasury even as provisions for non-performing assets (NPAs) remained elevated.
Investors will keep a tab on the provisions the bank makes for non-performing loans (NPLs). This assumes significance as another private sector banking major, Axis Bank, reported a net loss of Rs 21.8 billion for the quarter ended March 2018 (Q4FY18), as non-performing assets (NPAs) soared and provisions for bad loans surged three
