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ICICI Bank much better prepared to restrict impact of second coronavirus wave on operations

30 Apr 2021 Evaluate

ICICI Bank is much better prepared to restrict the impact of the second coronavirus wave on its operations because of last year's experience but appealed for banks' employees to be allowed to take vaccinations on a priority basis as they are rendering an essential service.

The second largest lender warned that if banking services were to fail, it can have an adverse impact on the economic activity, and hence it is pertinent for ensuring that at least the branch staff is allowed to take vaccinations.

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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