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| ICICI Bank |
'buy' rating on ICICI Bank Limited routine with a medium-to-long designate
Target of Rs 1300.
The routine of the company, on December 28, congested by the side of Rs 1113.70 on the Bombay Stock Exchange (BSE).
The share charge has seen a 52-week prohibitive of Rs 1277 and a low of Rs 780 on BSE.
Current EPS & P/E ratio stood by the side of 38.06 and 29.63 correspondingly.
ICICI Bank has declared an increase in intensity in consequence tax in place of a range of
Tenors of retail fixed deposits by 0.25% to 0.50% wef Dec. 6, 2010.
The banking establishment has besides posted a growth of 0.50% in its
Yardstick PLR and in its Floating Reference Rate (FRR) in place of consumer
Loans comprising mother country loans.
For the three month episode ended Sep 2010, ICICI Bank has recorded an
Increase in intensity of 18.86% in its get profit, which stood by the side of Rs 12,362.7 million
As compared to Rs 10,401.3 million in place of the same episode of carry on time.
Interest earned remained down by 5.23% to Rs 63,091 million in place of the thought
Quarter from Rs 66,569.4 million in place of the quarter ended Sep 2009.
Interest expended dropped 11.17% to Rs 41,047.2 million in place of the three month episode ended Sep 2010.