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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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RibhuKansal (< 20) Submitted: 1/19/07 5:25 PM : Start Price: $42.86 IBN Score: -18.12
India's largest private bank, is playing a key role in modernizing banking for the Indian consumer. Heavily invested in India's growth story, along with Infosys, Tata, Reliance and HDFC.
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mardukkorn (68.18) Submitted: 4/16/07 11:36 PM
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You seem to pay any attention to valuation. Good growing companies make for horrible money losing investments if you pay too much. The best way invest in India is Infy and TCS - they dont depend on interest rates, TCS is my top pick because it is slightly cheaper than Infy and has better domestic presence.I would avoid icici,hdfc until they are cheaper ( p/book < 3) and never never ever touch Tata motors.
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QOS (97.92) Submitted: 11/09/07 3:13 PM
Also many people fail to note that ICICI Bank is loaning a lot of cash out to foreign investments. I have owned IBN for a long time now and I have had nothing but great returns.
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