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ICICI Bank management sees margin compression in the September quarterICICI Bank reported its June quarter results on Saturday, July 19, where its core income and profitability increased on a year-on-year basis and were also higher in comparison to expectations from the CNBC-TV18 poll.By Ritu Singh    | Hormaz Fatakia   July 19, 2025, 4:33:09 PM IST (Published)2 Min ReadICICI Bank's management expects further compression on its Net Interest Margin (NIMs) during the September quarter, after margins saw compression during the June quarter as well.

"We expect NIMs to compress a little more in the next quarter, after that it will depend on RBI actions and overall liquidity," the lender's Executive Director Sandeep Batra said during the earnings call.

ICICI Bank's Net Interest Margins during the June quarter narrowed by seven basis points from the March quarter to 4.34% from 4.41% in March. On a year-on-year basis, NIMs narrowed by two basis points from the 4.36% level in March.

Batra further said that the 10% growth in its Net Interest Income (NII) from the same quarter last year was due to repricing of loans due to rate cuts by the Reserve Bank of India, and subsequent reduction in deposit rates, among other factors.

ICICI Bank reported its June quarter results on Saturday, July 19, where its core income and profitability increased on a year-on-year basis and were also higher in comparison to expectations from the CNBC-TV18 poll.

Batra attributed the increase in fresh slippages to be in-line with what the management was expecting.

Shares of ICICI Bank ended 0.6% higher on Friday at ₹1,426.7. The stock has remained flat in the last one month, is up 11% so far in 2025 and is 3% away from its all-time high of ₹1,471.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsICICI BankICICI Bank Q1ICICI Bank Q1 resultsICICI Bank share priceshare market today