A healthy loan growth and leaner provisioning may aid ICICI Bank to report an over 300 per cent year-on-year (YoY) jump in net profit for the March quarter of financial year 2020-21 (Q4FY21), believe analysts. However, the lender’s asset quality may worsen, they fear, on the back of higher slippages as the Supreme Court’s stay on NPA declaration stands vacated. The lender is scheduled to report its Q4FY21 result on Saturday, April 24.
At the bourses, the lender’s stock has outperformed on the National Stock Exchange (NSE) and rallied nearly 9 per cent during the quarter under review, as against