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$44.46 -0.26 (-0.58%)
5/16/2008 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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Avatar ak2k8 (26.37) Submitted: 4/28/08 10:25 AM : Outperform Start Price: $45.25 IBN Score: -3.74

Private Indian bank. The downside is that there are too many loans out and will be very dependent on the Indian economy, especially the IT industry and the callcenter industry that has given loads of money to the young generation who believes in spending more than pocketing it.

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