Prabhudas Lilladher: ICICI Bank Back With Digital 2.0 Much Better Than FY20  
Customers standing in queue outside ICICI Bank Nerul branch. (Photo: BloombergQuint) 

Prabhudas Lilladher: ICICI Bank Back With Digital 2.0 Much Better Than FY20  

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.

Prabhudas Lilladher Report

ICICI Bank Ltd.’s analyst day showcased version digital 2.0 (1.0 was held last year) which moved one step ahead with Covid-19 pandemic accelerating some initiatives, tweaking a few and simultaneously embarking some new ones.

Based on presentations the bank continues to embrace on ‘One Bank One ROE’ principle with retained focus on core operating profitability by either improving revenue lines or by reducing cost/improving efficiency via digital.

The bank has immensely benefitted from this despite some hiccups, but then for the next few years, we see these initiatives clearly supporting business growth and enhancing operating profitability.

Click on the attachment to read the full report:

Prabhudas Lilladher ICICI Bank Analyst Meet Update.pdf

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