ICICI Bank Q4 preview: Profit may jump 3x YoY, loans under moratorium eyed

Analysts would track the management's commentary on Covid-19 related impact, traction in deposits post investment in YES Bank, movement of reported GNPAs, and moratorium utilised by customers

With weak earnings behind its back, analysts expect ICICI Bank to clock a near 300 per cent year-on-year (YoY) jump in net profit for the March quarter of FY20 (Q4FY20). They, however, would track the bank’s fund raising plans, business growth projections in the wake of Covid-19 outbreak, and update on its exposure to the now-bankrupt Singaporean Hin Leon Trading Pte when the bank announces its results on Saturday, May 9.

During the same board meeting, the bank will also consider fund raising by way of issuance of debt securities including non-convertible debentures or bonds in single or multiple tranches in