Share tips : ICICI bank reported its growth

Country's largest private sector lender ICICI Bank is estimated to report muted growth in 3rd quarter profit while net interest income growth may remain at similar levels of Q2. Click For Share tips

Experts & traders have not priced in insurance business stake sale in earnings expectations, which may boost other income. According to CNBC-TV18 poll, profit is going to increase 5.4 per-cent year-on-year to Rs 3,044 crs (against 12 percent growth in Q2 and Q1) and net interest income may grow 12.1 percent to Rs 5,392 crs during Oct-Dec quarter. Provisions & core fee income will be closely watched for the quarter. Provisions in Q1FY16 increased 17 per-cent and 11 per-cent in Q2FY16 year-on-year while core fee income growth slowed to 6 per-cent on yearly basis in Q2.

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