May 08, 2018 02:02 PM IST
In the past few years, the bank has steadily diversified and de-risked its asset book while building an enviable liability franchise. With the stock currently trading around 1.1 times FY19e book, current valuations seems to be pricing in the concerns and offers a favourable risk reward.
April 24, 2018 08:12 PM IST
The annualised premium equivalent of the life insurer rose by 17.6 percent in FY18 to Rs 7792 crore
January 30, 2018 05:45 PM IST
Analysts expect loan growth at around 8-10 percent in Q3FY18 against 6.3 percent in Q2FY18.
November 20, 2017 11:50 AM IST
The aggregate picture, that was quite dismal in the run up to the GST in the previous quarter, has got better. Our analysis of over 4200 companies showed tepid growth in topline, but surprisingly there was a marked improvement in margins. Finally, unlike in the previous quarter when profitability declined, there was some revival in the September quarter with the trend line flattening.
October 30, 2017 11:00 AM IST
Asset quality was far better than its rivals Axis Bank and Yes Bank. The gross non-performing assets (NPA) as a percentage of gross advances came in at 7.87 percent for the quarter, lower compared with 7.99 percent in previous quarter.
October 30, 2017 10:56 AM IST
In an interview to CNBC-TV18, Rajiv Mehta of IIFL Wealth shared his views and readings on ICICI Bank's Q2 numbers and also spoke about specific stocks.
October 27, 2017 07:59 PM IST
Despite a 34 percent drop in net profit at Rs 2,058 crore from a year ago, the Mumbai-based bank saw its gross non-performing assets (NPAs) in the three month period July-September decreased even as it spiked from a year-ago period.
October 27, 2017 11:18 AM IST
YES BANK - bad loans have surged as Q2 shows a significant divergence from the Reserve Bank of India’s (RBI) assessment to the tune of over Rs 6,300 crore. In an interview to CNBC-TV18, Siddharth Purohit of SMC Institutional Equities shared his views and outlook on the YES BANK’s Q2 numbers.
October 26, 2017 07:52 PM IST
This is the second time that the RBI, in its annual risk-based supervision, has observed divergences in both the banks’ NPA reporting.
October 26, 2017 06:30 PM IST
Analysts feel if slippages come below Rs 5,000 crore then that will be taken positively by the Street.
July 28, 2017 11:00 AM IST
In an interview to CNBC-TV18, Manish Agarwalla, Co-Head of Research at PhillipCapital shared his views on readings of quarterly earnings from banking sector.
July 27, 2017 10:59 AM IST
ICICI Bank will be reporting its Q1 FY18 earnings this evening. In an interview to CNBC-TV18, Kunal Shah of Edelweiss Financial Services spoke about his expectations.
July 27, 2017 08:35 AM IST
Analysts expect degrowth in profitability but growth in net interest income for the quarter.
July 11, 2017 11:53 AM IST
Vishal Goyal, Executive Director-Leading Banks and Financial Research at UBS India shared his outlook on what could unfold in the Q1 results for the banking universe.
July 10, 2017 12:43 PM IST
Provisions may witness a slight uptick after the RBI's diktat in June. Positive trends on asset quality will, however, continue with the pace of slippages into NPAs declining for all banks.
May 04, 2017 11:46 AM IST
ICICI Bank is well capitalised and the strong franchise should be able to ramp up once the bad loan mess is behind it. We expect the bank to see a much better FY19, post a consolidation/resolution year of FY18. After adjusting for the bad assets and value of subsidiaries, the stock quotes at a reasonable valuation of 1.9x FY17 adjusted book.
May 04, 2017 11:20 AM IST
After fourth quarter earnings, global brokerage houses (barring JP Morgan) expect the stock to give 17-38 percent return over 12-month.
May 03, 2017 09:35 AM IST
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Darpin Shah of HDFC Securities shared his reading and expectations for Q4 results of ICICI Bank. He expects slippages to be roughly around Rs 7,200 crore.
May 02, 2017 05:06 PM IST
Analysts expect slippages to remain on the higher end between Rs 6,500-7,000 crore.
January 31, 2017 05:27 PM IST
ecoding the numbers both Rajiv Mehta of IILF and Siddharth Purohit of Angel Broking were not shocked with the rise in gross non-performing loans but would look forward to management commentary on resolution of NPAs
January 30, 2017 03:27 PM IST
Analysts expect slippages to remain on the higher end between Rs 7,000-8,000 crore (against Rs 8,029 crore in Q2). Hence, slippages from restructured book and movement of stressed assets (sale to asset reconstruction companies, addition to S4A, 5/25 & SDR) will be closely seen.
January 24, 2017 02:36 PM IST
HDFC Bank profit in third quarter grew by 15 percent to Rs 3,865.3 crore compared with Rs 3,356.84 crore in year-ago period. Net interest income increased 17.5 percent year-on-year to Rs 8,309 crore in the quarter gone by.
January 11, 2017 06:50 PM IST
According to Sanjiv Bhasin of IIFL there is a lot of pessimism around the third quarter earnings but he expects banks to be in a sweet spot.
January 11, 2017 10:27 AM IST
Speaking to CNBC-TV18 Romesh Sobti, MD & CEO of Indusind Bank said that CV sales in November weren‘t as bad as expected. December wasn‘t as bad as forecast.
November 08, 2016 12:46 PM IST
Watch the interview of Nilesh Parikh, Associate Director at Edelweiss Securities with Latha Venkatesh, Sonia Shenoy & Anuj Singhal on CNBC-TV18.
