ICICI Bank Q2 Preview: Growth likely subdued by weak interest income and loan performance

ICICI Bank is acceptable to study its second-quarter results for FY25 connected October 26, with marketplace expectations indicating mid-single-digit maturation successful nett profit.

Zee Business analysts say, is apt impacted by brushed involvement income and mean indebtedness growth, alongside a comparatively unchangeable cost-to-deposit (C/D) ratio.

For the 4th ended September 30, 2024, the bank's Net Interest Income (NII) is expected to spot a humble summation of 8.9 per cent year-on-year, rising to Rs 19,932 crore from Rs 18,308 crore successful the aforesaid play past year.

However, contempt the growth, analysts item that NII enlargement is apt constrained by a comparatively anemic involvement income environment.

ICICI Bank’s nett involvement borderline (NIM) is forecasted to stay stable, supported by beardown interest income. This dependable borderline show is expected to bolster wide net contempt pressures connected indebtedness growth. Additionally, the bank’s C/D ratio, a captious measurement of fiscal stability, is anticipated to enactment accordant with the erstwhile quarters, reflecting prudent fiscal absorption amidst challenging conditions.

In presumption of plus quality, ICICI Bank is expected to study Gross Non-Performing Assets (GNPA) astatine 2.3 per cent, a flimsy summation from 2.2 per cent quarter-on-quarter, portion Net Non-Performing Assets (NNPA) whitethorn summation from 0.4 per cent to 0.5 per cent implicit the aforesaid period. The show of the bank’s unsecured indebtedness publication is besides nether scrutiny, arsenic its resilience during this play is expected to play a cardinal relation successful the wide plus prime and profitability outlook.

Key monitorables

Key aspects to show during ICICI Bank’s Q2 results are its deposit maturation and borderline outlook, some important to assessing the bank's longer-term maturation trajectory.

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