ICICI Bank

This is yet another GOOD STOCK for Tough Times. To know more about the reason why we chose this stock for this investing currently, Click Here:

ICICI Bank:

-       -   Second Largest bank with total assets of Rs.4,73,600 Crores

-    -    Branch network of 2760 and 9363 ATM’s.

-    -   Presence in 19 countries

-    -    CASA share in deposit improved to 43.5% from 28.7%

-     -    NPA declined to 0.62% from 2.43%

-     -    Return on Equity jumped from 11.1% from 7.7%

-     -    ICICI Pru Life Insurance commands 5.9% market share in new businesses

-     -    ICICI Lombard General Insurance commands 9.4% market share