ICICI Targets Annual Growth of More Than 25%, Les Echos Reports
Stock Chart for ICICI Bank Ltd (ICICIBC)
With an Indian economy growing 9 percent to 10 percent annually, the nation’s banking industry can “certainly grow 25 percent each year,” Les Echos cited Kochhar as saying in an interview published today. “If the sector grows 25 percent, we will target a bit more than that for ICICI, obviously.”
Kochhar also told Les Echos the company wants to gain new clients among the foreign companies wanting to do business in India, French ones included.
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