ICICI Bank Limited (ADR) (NYSE:IBN)

CAPS Rating: 4 out of 5

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.

Recs

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Player Avatar dpid (89.51) Submitted: 6/19/2008 12:41:35 PM : Outperform Start Price: $34.59 IBN Score: +1.89

Reloading at a hopefully low point.I lost points the first time around. Everyone is scared about India's rate increase, but long term, banking in India is the way to go.Banks in India are circa 1960s U.S. in the way how people view them or don't use them extensively, much better opportunity as wealth/middle class increase tremendously.I own this in my real portfolio and only one that has a big loss... however, I'm to the point in putting more in soon....

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