ICICI BANK Rating
CITI ON ICICI BANK Rating
* Maintain BUY, Target at Rs 785/share
* Expects current wave to have some near-term impact in terms of growth
* Things should gradually improve from Q2FY22
* Asset quality impact will be more upfront for lenders
* Bank remains focused on growing its deposits while keeping funding costs low
* It remains on course for achieving higher RoA over medium term
ICICI BANK Rating
