Technical analyst P Phani Sekhar of Angel Broking has maintained 'hold' rating on ICICI Bank stock to achieve a long term target that lies between Rs 1250-1300.

The analyst said that the said target can be achieved in a period of 12 to 18 months.

He added that if investors want to reap extra gains, they can buy more stock around Rs 900.

Today, the stock of the bank opened at Rs 1012.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1277 and a low of Rs 810 on BSE.

Current EPS & P/E ratio stood at 40.86 and 24.66 respectively.

ICICI Bank has launched a novel service known as 'Money Manager' in association with Intuit, an international biz and personal finance management solutions supplier.

Money manager is an online personal finance key for bank clients.

Using this product, clients can comprehend plus evaluate their spending habits and also handle their funds better.

"Money Manager" makes it simple for clients to speedily and effortlessly classify their expenditures and fix and track a sensible budget to attain their financial objectives.

ICICI Bank's Hong Kong-based division has made declaration about the introduction of its internet site in Cantonese language (www. icicibank. hk).

With a growing number of Chinese clients, this newly launched website will provide ease and a wider reach in the Hong Kong banking room for the Bank.