Icicibank Ltd — Q2 FY24
ICICI Bank delivered a strong Q2 FY24 with PAT growing 35.8% YoY to INR 102.61 billion, driven by robust loan growth of 18.3% YoY and stable asset quality.
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY24
Cost of deposits to increase for next 2-3 quarters
Management expects cost of deposits to continue rising for the next couple of quarters due to repricing of maturing deposits and incremental growth.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
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