ICICI Bank is getting fan mail from analysts. How should investors respond?

ICICI Bank is getting fan mail from analysts. How should investors respond?

NEW DELHI: With every passing quarter, the battle of the banks is getting more intense on Dalal Street. While India’s largest private sector lender has been the epitome of the ideal consistent compounding stock, its closest rival appears to be gradually taking over the seat of Mr Favourite in the eyes of investors. After seeing … Read more

ICICI Bank Q1 preview: Profit may jump 40%, NIM may expand QoQ

ICICI Bank Q1 preview: Profit may jump 40%, NIM may expand QoQ

is likely to report nearly 40 per cent rise in year-on-year (YoY) net profit on a 20 per cent jump in net interest income (NII). Net interest margin (NIM) may see a marginal rise, a few brokerages anticipate. Brokerage Sharekhan expects ICICI bank to report a 39.80 per cent YoY rise in net profit at … Read more