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ICICI Bank Q2 Preview: Profit Seen Rising 16%, Margins Under Pressure From FCNR(B) Flows
ICICI Bank's September-quarter profit is estimated to rise 16.2% year on year to Rs 14,366 crore, while net interest margin is seen easing to 4.28% as FCNR(B)-linked lending weighs on yields. Analysts also expect higher provisions and a possible sequential profit decline against a strong June-quarter base.
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