NYSE: IBN
ICICI Bank Limited is one of India's largest private sector banks, offering a comprehensive range of banking and financial services including retail banking, wholesale banking, treasury operations, and digital banking. Listed on the NSE, BSE, and NYSE (ticker: IBN), the bank operates through a network of 7,608 branches and 12,190 ATMs and cash recycling machines across India, with international banking subsidiaries in the UK and Canada. ICICI Bank's consolidated group encompasses 17 subsidiaries and two associates spanning life insurance (ICICI Prudential Life Insurance), general insurance (ICICI Lombard General Insurance), asset management (ICICI Prudential Asset Management), securities (ICICI Securities), home finance (ICICI Home Finance), venture capital, pension fund management, and primary dealership. The bank serves retail, rural, business banking, and corporate customers, with retail loans comprising approximately 49% of its total loan portfolio. It engages in co-lending arrangements across home loans, loans against property, and business loans. The bank reports under Indian GAAP for its standalone accounts and is regulated by the Reserve Bank of India, SEBI, and other applicable regulators. Updated
India’s economy continues to outpace most of the developed world, with the IMF and World Bank projecting multi-year growth well above US real GDP, which registered 0.5% annualized in the third quarter…
India has been one of the best growth economies measured by gross domestic product for some time, but the secular growth opportunity has faced multiple setbacks in 2018 that may persist,
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ICICI Bank Limited is one of India's largest private sector banks, offering a comprehensive range of banking and financial services including retail banking, wholesale banking, treasury operations, and digital banking.
24/7 Wall St.'s 12-month price target for IBN is $38.11, rated Buy. The Wall Street consensus target is $36.58. IBN price prediction →
