ICICI Bank is scheduled to announce its March 2019 quarter earnings for the financial year 2018-19 (Q4FY19) on Monday. Hopes are high that the bank will report strong net interest income (NII) on the back of healthy loan growth coupled with a decline in slippages.
Sector analysts believe that the ICICI Bank could achieve this owing to strong credit growth in its retail and SME (small and medium enterprises) portfolio.
“With a successive decline in the size of watch-list, controlled slippages from core portfolio and bottoming out of the non-performing loan (NPL) ratios over FY19, we expect the bank’s return profile to