Is ICICI group better in terms of IT and technology in general that many other banks it competes with? If they are, I would expect this technological advantage to benefit ICICI Securities as well. How is ICICI securities better than other wealth management companies? What are the strengths that bode well for the future of this company? Does the balance sheet strength of ICICI Bank benefit ICICI Securities in terms of being trusted by Wealth Management customer base?
P.S. I am not saying that the balance sheet of ICICI Bank is strong as I am not sure how to assess the balance sheet strength of a bank. However, being a systemically important bank in India, hopefully there are not too many skeletons in the cupboard.
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