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One day, two Anups; one Saha, one Bagchi at helm of two big banks | Meet ex-ICICI and IIT, IIM alumni banks banked upon

ICICI Bank secured new business.

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Both Anup Kumar Saha and Anup Bagchi have served ICICI in the past, and are graduates of IIT and IIM.

Against that, the stock is -0.9% on the day at ₹1,344.90, and has returned -2.1% over three months. It sits 8% below its 52-week high. The banks sector has moved -1.7% over the same period, so ICICI Bank is running 0.4 points behind its peers.

For ICICI Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • The company directly in focus is ICICIBANK.
  • Sector exposure: Banks.