ICICI Financial institution will declare its consequence on January 22, 2022


ICICI Financial institution

most important thought

  • Web curiosity earnings is anticipated to develop by 20.25% to Rs 11,920 crore as towards Rs 9,913 crore in the identical interval final 12 months.

  • Revenue after tax is estimated to extend by 17.4 per cent to Rs 5,800 crore from Rs 4,940 crore within the earlier 12 months.

  • Web curiosity earnings is anticipated to develop by 20.25% to Rs 11,920 crore as towards Rs 9,913 crore in the identical interval final 12 months.

New Delhi: ICICI Financial institution, which has been the perfect performing financial institution within the banking sector over the past 12 months, is all set to declare its outcomes this Saturday. Web curiosity earnings is anticipated to develop by 20.25% to Rs 11,920 crore as towards Rs 9,913 crore in the identical interval final 12 months. Additional, the financial institution’s pre-provisioning working revenue is estimated to extend by 14.5% to Rs 10,100 crore as towards Rs 8,820 crore year-on-year. Additional, the revenue after tax, through the quarter ended December 31, 2021, is anticipated to extend by 17.4% to Rs 5,800 crore from Rs 4,940 crore within the earlier 12 months.

It is very important control the financial institution’s web curiosity margin, which is anticipated to stay steady at 4% quarter-on-quarter, whereas its credit score price is anticipated to stay elevated. Nevertheless, it’s attainable that the administration could make a touch upon the credit score price on the day of declaration of consequence.

Additional, the financial institution’s advances are anticipated to develop 15% to over Rs 8,00,000 crore within the quarter ended December 31, 2021, as towards Rs 6,99,000 crore within the quarter ended December 30, 2020. The Financial institution’s development, slippage and asset high quality needs to be intently monitored round administration’s feedback. As well as, it is going to be vital to maintain administration’s concentrate on the financial institution’s development trajectory together with the contribution of company credit score to its general credit score development. The motion of confused loans can even be intently monitored through the quarter.



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