India's ICICI Bank set for best week in nearly three months on upbeat loan growth

ICICI Bank

09/01/2026 08:09

** India's ICICI Bank ICBK.NS climbs 3.6% this week; looks set to gain the most this week since mid-October

** Stock is third-highest percentage gainer on Nifty 50 index .NSEI, which is down 2.4% for the week

** ICBK's gains, the second-heaviest stock India's Nifty Bank .NSEBANK index, helped cap the index's losses at 1.4% for the week

** NSEBANK had hit a record high earlier this week as lenders posted strong loan growth recovery, before pulling back on tariff-related worries

** On the day, ICBK down 2.2%

** Stock rated "buy" on avg by 36 analysts covering the stock; median PT 1700 rupees - LSEG data

** In 2025, ICBK rose 4.78% vs Nifty 50's 10.51% rise

 (Reporting by Abhirami G in Bengaluru)

 ((abhirami.g@thomsonreuters.com))