Motilal Oswal is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated April 28, 2024.
While these lenders were able to increase deposits at a faster clip during the quarter, the growth was accompanied by higher interest outgo, thereby contracting net interest margins (NIMs) year-on-year. The sample includes HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank and Yes Bank. Kotak Mahindra Bank is expected to declare quarterly numbers on May 4.
Minority shareholders of ICICI Securities led by Bengaluru-based investment manager Manu Rishi Guptha have filed a class action suit with National Company Law Tribunal (NCLT) against ICICI Bank s bid to delist its broking arm from the Indian bourses.
Religare Retail Research is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1295 in its research report dated April 29 2024.