ICICI Bank is a useful example of why banking analysis

is a major private-sector bank and Nifty 500 constituent. A recent corporate development involved the pricing of USD 500 million senior unsecured fixed-rate notes under the bank's global medium-term note programme, with Moody's and S&P assigning ratings to the notes. The company has also remained a major market heavyweight during the recent market volatility. For students of the stock market, ICICI Bank is a useful example of why banking analysis requires more than revenue and profit figures. Investors should study loan growth, deposit growth, Net Interest Margin, Gross NPA, Net NPA, provisions, capital adequacy and return ratios to understand the underlying quality of the banking business.