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ICICI Bank Remains Motilal Oswal's Preferred 'Buy' In The Sector Post Q1 Results — Here's Why

ICICI Bank remains Motilal Oswal's preferred Buy in the sector with a revised target price of Rs 1,670.

<div class="paragraphs"><p>Asset quality remains under control, while ICICI Bank continues to carry a contingency provisioning buffer of Rs 131 billion.&nbsp; (Photo: Vijay Sartape/NDTV Profit)</p></div>
Asset quality remains under control, while ICICI Bank continues to carry a contingency provisioning buffer of Rs 131 billion.  (Photo: Vijay Sartape/NDTV Profit)
ICICI Bank’s investment in technology has resulted in consistent productivity gains and steady improvement in cost ratios. Asset quality remains under control, while ICICI Bank continues to carry a contingency provisioning buffer of Rs 131 billion (1.0% of loans).
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