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$28.98 1.13 (4.06%)
7/8/2008 4:00 PM

ICICI Bank Limited (ADR) (IBN)

CAPS Rating:
****

The Company offers products and services in the areas of commercial banking to retail and corporate customers, treasury and investment banking and other products like insurance and asset management.

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Recs

3

Avatar PsychoDr (56.31) Submitted: 10/31/06 1:02 PM : Outperform Start Price: $34.88 IBN Score: -9.12

One of the largest banks in India. They expect to hire 40, 000 people in the next year or so. They must be expecting some big move in the banking industry. This country is still only beginning to industrialize. With more than one billion people, the fact that 60+% of the population is under 35, makes for positive future in banking services. Credit card services and personal investment opportunities are expanding actively. I really like what I see here.

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