报告名称：ICICI Bank(ICICIBC.IN)3QFY16 bump-up in NPLs is not a negative
报告类型：海外市场
报告日期：2016-01-29
研究机构：香港上海汇丰银行有限公司
页数：13
简介：ICICI reported a big jump in NPLs and provisioning, but weview this positively given improved disclosure
Despite our 12-14% cuts to FY17-18e earnings, we see valuein the stock, as we believe much of the stress is factored in
We cut our TP by 16%, to INR 341, implying 46% potentialupside, with a target multiple of 1.7x for the parent Bank
下载地址：ICICI Bank(ICICIBC.IN)3QFY16 bump-up in NPLs is not a negative
