“Bullish on ICICI Bank with a revised price target of ₹2,000, up from ₹1,935, based on the bank's strong mobilization of $17.9 billion in FCNR deposits, which significantly improves its Liquidity Coverage Ratio by 40 percentage points. This is expected to strengthen its liquidity position and has led to a 0.4% to 3% increase in EPS estimates over the next three years.”

Goldman Sachs Analysis’s track record: 3 graded calls · 95% CI 21–94%