BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
ICICI Securities Ltd. hosted the second edition of ICICI Securities Digital Day to showcase the initiatives on building 'a digitally integrated financial marketplace'.
Here are our key takeaways from the interaction:
In the past couple of years, ICICI Bank Ltd.’s share in client sourcing has reduced significantly. A large portion of the remaining share has come from digital sourcing.
In Q1 FY22, nearly 60% of the clients acquired were below 30 years of age, and ~80% were from tier-II and tier-III towns.
While sourcing has surged, it has come with sharp improvement in the activation rate to ~70%.
Moreover, during this phase, ICICI Securities' cross-sell ratio has improved steadily to 1.8 times.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.