Stock market analyst Prasad Kushe has maintained 'hold' rating on ICICI Bank Limited stock with a target of Rs 1250.

Mr. Kushe also said that after achieving the said target, the investors can hold the stock again to attain another target of Rs 1450.

The stock can be bought on declines.

Today, the stock of the company opened at Rs 1168 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1277 and a low of 780 on BSE.

Current EPS & P/E ratio stood at 38.06 and 30.47 respectively.

ICICI Bank, the country's biggest private sector banking institution, has made announcement about the launching of 'Fixed Rupee' - an expedient ability that lets NRIs to transfer the exact Rupee amount remittance to the country since the rate of exchange is authenticated at the time of starting the payment.

The newly launch facility is accessible on Money2India. com, the bank's online money transfer tracking service.

ICICI Bank, acting via its Hong Kong arm effectively valued an issue of 10 year fixed rate notes worth $1 billion.

The offering held an order book of $5 billion with substantial interest from more than 325 capitalists. (IANS)