ICICIBANK

ICICI Bank continues to outpace peers with 17% YoY loan growth in Q1 FY26, driven by retail and SME segments. NIMs are stable at 4.5%, one of the best in the industry. Asset quality remains strong with GNPA at 1.1%, showcasing prudent risk management. The bank’s digital platforms and strong CASA franchise provide long-term advantages. Trading at ~2.3x book value, valuations are higher than HDFC Bank but justified by stronger growth momentum. A quality compounder stock for long-term investors.