ICICI Bank (one of our top picks) transit through Covid-19 impacted FY21 with robust numbers a) Improved asset quality, b) Restructured book at 0.5%, c) Core Operating profit growth at 17% YoY and d) Strong credit growth at 14% YoY. During Q4FY21, asset quality improved with GNPA at 4.96% vs 5.36% QoQ (5.44% YoY) as slippage ratio declined sequentially. Restructuring under RBI resolution framework stood at 0.5% of advances; 51% Retail book and 49% Corporate + SME book. Management said impact of second wave could be determined in next 1-2 months; however well prepared with more than 1% of covid-19 provisions. During Q4FY21, NII grew by 17% YoY against a loan growth of 14% YoY; margins...