ICICI Bank Limited (ADR)

  • The Best Bank in India Has a Newly Cheap Stock

    By Mark Foley - July 19, 2013 | Tickers: IBN

    India’s torrid growth rate slowed a bit lately, but there’s opportunity in one of its biggest banks. ICICI Bank (NYSE: IBN) has often been very expensive, but now is tantalizingly affordable.

    The sub-continent’s economic growth rate forecast was recently reduced from 5.8% to 5.3% for fiscal year 2014 (April 2013 though March 2014). That’s still a good pace, compared to below 2% for the more »

  • Finding Tremendous Growth Opportunities in Banking

    By Piyush Arora - April 22, 2013 | Tickers: GS, HDB, IBN, JPM, WFC

    Even after the political mess in India, Citibank estimates that the country's GDP will grow 6.1% in 2013. That may be slower than China’s estimated growth rate, but is still impressive for the world’s third largest economy. India is, by far, the largest importer of gold (967 tonnes in 2011), and the yellow metal has been one of the main culprits behind its depreciating currency (and more »

  • Finding Tremendous Growth Opportunities in Banking

    By Piyush Arora - April 17, 2013 | Tickers: GS, HDB, IBN, JPM, WFC

    Even after the political mess in India, Citibank estimates that its GDP will grow by 6.1% in 2013. That may be slower than China’s estimated growth rate, but is still impressive for the world’s third largest economy. India is by far the largest importer of gold (967 tonnes in 2011), and the yellow metal has been one of the main culprits behind its depreciating currency (and worsening more »

  • This Bank is a Screaming Buy!

    By Piyush Arora - February 14, 2013 | Tickers: GS, HDB, IBN, USB, WFC

    India is the second most populated country in the world and according to Citigroup, its GDP is expected to grow around 5.7%-6.2% in FY14. For a new normal, that is still impressive! Although, the country’s reputation had been tarnished and India was lately in the news for wrong reasons -- widespread corruption and weak government policies -- it is still attracting a lot of attention lately. Why?

    Investment more »

  • Small is Beautiful

    By Vibha Jhol - February 12, 2013 | Tickers: C, HDB, IBN

    ICICI (NYSE: IBN) is the largest private sector bank of India, and it has an ADR listed in the US. It has posted impressive results for the quarter ended December 2012 under the able guidance of Ms. Chanda Kochhar (Managing Director & CEO).

    ICICI Bank is India's second-largest bank with total assets of Rs. 4,736.47 billion (US$ 93 billion) at March 31, 2012 and profit after tax Rs more »

  • Investing in Emerging Markets: INDIA

    By Anmol Singh - July 10, 2012 | Tickers: DNKN, SCIN, HDB, IBN, INFY, INDY, PIN, SBUX, TTM

    True Diversification Requires diversification accross the Globe. Investing in emerging markets can be very rewarding if done correctly but at the same time can damage any portfolio if done without research and homework. In this article i wish to give a brief about investing in emerging markets and why i think, India is one of the best emerging market plays.