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'Buy' ICICI Bank Shares, Maintains Nirmal Bang On Solid Growth Trajectory Amid Rate Pressure

Nirmal Bang remains positive on ICICI Bank, hence maintains 'Buy' rating on the stock, check target price.

<div class="paragraphs"><p>With the measures taken on fiscal and monetary policy front and with inflation being benign, ICICI Bank expects loan growth to pick up especially on the retail side.</p><p> (Source: Vijay Sartape/ NDTV Profit)</p></div>
With the measures taken on fiscal and monetary policy front and with inflation being benign, ICICI Bank expects loan growth to pick up especially on the retail side.

(Source: Vijay Sartape/ NDTV Profit)

With respect to its deposit mobilization strategy, ICICI Bank is trying to be a primary banker for its customers, so that the flows remain within the bank for driving more transactions. For CA balances, its focus areas include capital markets, self-employed customers, MNCs, and GCC segments.
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