ICICI Bank traded at 1,251.30 this Tuesday May 5th, decreasing 19.50 or 1.53 percent since the previous trading session. Looking back, over the last four weeks, ICICI Bank lost 1.62 percent. Over the last 12 months, its price fell by 12.59 percent. Looking ahead, we forecast ICICI Bank to be priced at 1,235.35 by the end of this quarter and at 1,154.89 in one year, according to Trading Economics global macro models projections and analysts expectations.
ICICI Bank Limited is a banking company. The Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services. The Bank's business segments are Retail banking, Wholesale banking, Treasury, Other banking, Life insurance, General insurance and Others. It has a network of approximately 18,210 branches and automated teller machines (ATMs). The Bank has approximately 110 Touch Banking branches across over 30 cities. Its international banking is focused on providing solutions for the international banking requirements of its Indian corporate clients and leveraging economic corridors between India and the rest of the world. The Bank caters to the financial needs of women entrepreneurs through its Self-Help Group (SHG) program as a part of its microfinance initiatives.