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ICICI Bank has been gaining sharply in line with the general market trend for banking stocks. While the stock gained 8.7 per cent and 9.9 per cent over a week and month, respectively, the BSE Bankex gained 8 per cent and 5.8 per cent, respectively.

Though the Government move to give RBI more flexibility for lowering the statutory liquidity ratio requirement acted as a trigger for the banking sector, analysts are also betting on robust performance from the private sector. The bank is scheduled to announce its Q3 numbers on Friday.

According to analysts, ICICI's strong presence in the retail advance segment is likely to show a healthy growth in both loans and fee income.

K.S. Badri Narayanan

More Stories on : Stock Markets | Stocks | Ear to the ground | Private Banks | ICICI Bank Ltd

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