ICICI Bank shares, the most favored by world’s analysts, has lagged behind1 min read 12 Aug 2020, 10:07 AM IST
The $32 billion lender has 56 buy recommendations, and its consensus rating of 4.95 on a scale of 5 is the highest among the 50 largest banks globally
While the bank reported higher provisions against bad loans due to the pandemic, it plans to raise as much as 150 billion rupees through a share sale
India’s ICICI Bank Ltd. is the world’s highest rated banking stock, but its performance hasn’t exactly been stellar.
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