Bullish on ICICI Bank, expecting a 3% upgrade to its pretax earnings. The bank was the largest beneficiary in absolute terms, mobilising Rs 1,706 billion through FCNR(B) deposits, equivalent to 9.3% of its Q1FY27 deposit base, which will ease funding pressure.

Nomura Analysis’s track record: 3 graded calls · 95% CI 6–79%

ICICI BankBullishCalled 08 Sep 2026
Verdict:PENDING

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