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Last Updated : May 11, 2020 04:41 PM IST | Source:

Ideas for Profit | ICICI Bank Q4 review: Can it endure the COVID-19 storm?

ICICI Bank has been a tough stock to navigate for investors.

ICICI Bank's Q4 FY20 earnings was marred by a rise in slippages and moderating profit. The bank posted a net profit of Rs 1,221 crore in the fourth quarter of FY20. The bottomline was adversely impacted by COVID- 19 related provisions of over Rs 2,700 crore. The bank has been a tough stock to navigate for investors. In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra discusses if ICICI Bank can endure the COVID-19 storm.

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Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.

First Published on May 11, 2020 04:41 pm
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