ICICI bank Multibagger 3 years Time frame

ICICI bank Multibagger 3 years Time frame

• ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,921 ATM's across India.

• ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary.

• ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its group companies.

• Ms. Chanda Kochhar who leads ICICI bank has been ranked first in Fortune’s list of ‘Most Powerful Women’ in Asia Pacific.

• With Digital Empowerment, ICICI bank is going to have good business and good growth. They are the frorefront in Technology Adoption which makes them the Bank for any generations. One Proof of it is that Around 50% of transactions were carried out on Internet and mobile.

• Profit has increased consistently in last 5 years. And with further growth we see this being maintened.
• One can invest this stock with Longterm view of 3 yrs to get more than double the current price.