Markets

All eyes on ICICI Bank results

| Updated on November 15, 2017

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ICICI Bank is scheduled to announce its December quarter financial performance on Monday. Though market participants expect growth in its core income and non-interest income to slow down, any positive signal on that front will keep the stock firm. Most brokerages expect ICICI Bank's net interest income for October—December to show a modest rise of 15 per cent year-on-year and 6 per cent sequentially. Net profit is expected to increase 13 per cent year-on-year and 8 per cent on a sequential basis. However, any upset in the financial performance will lead to a sharp fall in the stock price, which gained 28 per cent so far in 2012.

Published on January 29, 2012

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