Stock market analyst Mileen Vasudeo is of the view that investors can hold ICICI Bank Ltd with targets of Rs 1000 and 1020 on crossing its resistance of Rs 920.

According to analyst, the interested investors can hold the stock with stop loss of Rs 880.

Today, the shares of the company opened at Rs 895 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1009.50 and a low of Rs 695 on BSE.

Current EPS & P/E ratio stood at 36.10 and 24.70 respectively.

ICICI Bank announced that it anticipates a credit growth rate of 20% during the existing financial year.

Mrs. Chanda Kochhar, ICICI Bank CEO and MD said the exceptional loan figure of ICICI Bank at March 2010 end was Rs 1,812.06 billion.

But, ICICI Bank saw a fall in credit off take during the last financial from Rs 2,183.11 billion in 2009 period, mainly because of the reimbursements from the retail loan portfolio and the loan portfolio of abroad divisions.

ICICI Bank declared that it has rated $500 million worth of bonds at 5 per cent.

The dollar bonds have a maturity of 5.5 years and the coupon exercises to a spread of 275 BPS over LIBOR. It proceeded via its Hong Kong arm.