ICICI Bank - Contrarian pick

For every 100 shares someone held in ICICI Securities, they would get 67 shares of ICICI Bank instead

ICICI BANK | Q3 CONCALL

a. Operating environment for banking sector continues

b. Would monitor domestic inflation, liquidity, rate & uncertainty in global environment

c. Strategic focus is on growing PBT, ex-treasury

d. Continue to operate within strategic framework to strengthen franchise

e. Will focus on risk calibrated profit growth

f. See many opportunities to drive risk calibrated profitable growth

g. Will make investment in technology, people & distribution, to build our brand

h. Will maintain focus on maintaining strong B/S

i. Remain focused on delivering consistent & predictable returns to shareholders

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