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ICICI Bank Q2 earnings: Here’s what to expect

Updated : October 30, 2020 10:55 AM IST

ICICI Bank will reports its quarterly earnings on Saturday, and the street is expecting good numbers from the bank. In the quarter gone by, ICICI Bank raised Rs 15,000 crore of capital as well as it sold stake in ICICI Securities for over Rs 310 crore. Both these should provide cushion to the balance sheet.

The net interest margin is expected to remain stable sequentially; last quarter it was at 3.69 percent. PhillipCap brokerage is estimating a slippage of Rs 2,000 crore for the September quarter. Moratorium details, restructuring and collection efficiency will be watched for closely.

To know more, watch the video.
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