Best banking bet? Jefferies sees over 55% upside in ICICI Bank - Economic Times

ICICI Bank is not only well poised to leverage on growth pickup in Indian bank credit from 8-9 per cent to 12 per cent and the ramp-up of SME vertical, but also from the recent correction, coupled with high ROA, said the brokerage firm.

New Delhi: Brokerage firms are bullish on and see an upside potential of up to 55 per cent in the private sector lender. It remains among the top picks of analysts covering the sector. Global broker… [+2723 chars]

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