Friday, November 06, 2020

ICICI Bank gains on launching special offering for millennial segment

ICICI Bank is currently trading at Rs. 440.20, up by 1.90 points or 0.43% from its previous closing of Rs. 438.30 on the BSE.

The scrip opened at Rs. 439.95 and has touched a high and low of Rs. 444.40 and Rs. 436.40 respectively. So far 332787 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 552.40 on 30-Dec-2019 and a 52 week low of Rs. 269.00 on 24-Mar-2020.


Last one week high and low of the scrip stood at Rs. 447.00 and Rs. 407.20 respectively. The current market cap of the company is Rs. 304514.54 crore.

The Institutions and Non-Institutions held 89.80% and 10.20%, stake in the Bank respectively.

ICICI Bank has launched a special offering for the millennial segment, with features like exclusive branches that will host entertainment events. The country is poised for a demographic dividend, which will see millions of youth join the workforce and there are 40 million 'progressive' millennials who will contribute significantly to the economy and banking in the years to come. After extensive research, the bank has launched the mobile-first, personalised and experiential-led banking platform christened 'Mine' for this segment.

ICICI Bank is a leading private sector bank in India.

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