External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>About the stock: Federal Bank is an old private sector bank based out of Kerala with around 1272 branches and 1953 ATM across various states.</p><ul><li>Strong liability franchisee with 93% of total deposits being retail</li><li>Balanced loan mix with retail: corporate mix of 54:46</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

About the stock: Federal Bank is an old private sector bank based out of Kerala with around 1272 branches and 1953 ATM across various states.Strong liability franchisee with 93% of total deposits being retailBalanced loan mix with retail: corporate mix of 54:46Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Federal Bank: Decent Performance Amid Turmoil Due to Pandemic