ICICI Bank: A Top Investment Choice

ICICI Bank Limited, officially known as the Industrial Credit and Investment Corporation of India Bank Limited

ICICI Bank is one of the India’s largest private sector bank by assets and market capitalization

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It was founded in 1994 as a subsidiary of the Industrial Credit and Investment Corporation of India (ICICI)

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ICICI Bank has reported strong financial performance in recent quarters

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In the first quarter of 2023-24, the bank’s net profit grew by 32.81% year-on-year to ₹10,636.12 crore

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ICICI expected growth in upcoming five years

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Analysts predict that ICICI Bank’s earnings per share (EPS) by an average of 8.8% per year for the next five years

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This growth rate is consistent with what is expected for the entire banking industry in India

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ICICI Bank’s share price has grown by 232.50% over the past ten years

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