ICICI Bank is India’s largest private sector bank. Its first quarter of the financial year 2013-14 results will come out tomorrow on Wednesday 31st July 2013.
Market expects 24% rise in net profit of ICICI Bank in this current first quarter to Rs 2,252 crore. Net interest income too is expected to rise 21% to Rs 3,850 crore.
Must read : ICICI Bank Quarter 2 profit rises By 22%
Recently the measures taken by RBI to curb volatility in India Rupee has also added pressure on Banking stocks and they have corrected by 10 – 15 % in last 15 – 20 days.
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