ICICI Bank is expected to report strong year-on-year (YoY) growth in net interest income (NII) and profit after tax (PAT) in the September quarter, according to brokerage estimates. Investors are likely to focus on net interest margins (NIMs), loan and deposit growth, operating profitability and asset quality.
The private sector lender's earnings are expected to benefit from healthy balance sheet growth, even as margins face pressure from a higher proportion of leveraged loans and strong foreign currency non-resident (bank) deposit inflows.