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This Article is From Dec 06, 2021

ICICI Bank Analyst Day Update - Growth Outlook Remains Robust Across Segments: Dolat Capital

ICICI Bank Analyst Day Update - Growth Outlook Remains Robust Across Segments: Dolat Capital
Customers standing in queue outside ICICI Bank Nerul branch. (Source: BloombergQuint) 

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

ICICI Bank Ltd. hosted their analyst day highlighting strong traction in existing digital capabilities across business segments and newer industry first digital initiatives, re-iterating its focus on risk calibrated core operating profit.

Growing ecosystem-based offerings is aiding market share gains in both assets and liabilities, with corporate ecosystem return on equity at ~20% for FY22E.

ICICI Bank's growth outlook remains robust across retail/small and medium enterprise segments, with rise in digital onboarding of new-to-bank customers.

Apart from rise in digital sourcing, there is notable traction in digital resolutions for bounce cases across retail EMI/credit card products.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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