Zyx007

Are Indian Bank Stocks Now a Good Bet?

Agree that these stocks have become expensive given the recent run-up in the underlying prices. However, HDB may still prove to be a good long-term buy from a "buy and hold" perspective, thought not IBN. (Disclosure - long HDB)

India Private Banks Comparison: HDFC a Clear Winner Over ICICI

Good analysis Donald. I agree with your analysis, and own HDFC Bank.

I disagree with Boris's recommendation. While I agree that price clearly matters, but quality clearly much more so. Ignoring quality and only focussing on price may lead one to conclude that Citi is a better stock to buy compared to JPM. There is a real reason as to why ICICI Bank is trading where it is trading. Anecdotal comments based on what ICICI is doing on the ground don't give me much comfort that their long term ROE will improve in a meaningful fashion. It is a high Beta bank with a "cowboy" culture, clearly a model which is now dead. HDFC Bank will clearly outperform in the near to medium term, despite it being more expensive.

ICICI Bank's Stock Is Best Left Alone

A great piece, with the arguments convincingly presented. Anecdotal views from the folks on the ground further confirm the numbers, that ICICI Bank is best avoided in favour of HDFC Bank. SBI is great, but political compulsions from the masters in New Delhi are negative influences.

ICICI Bank: Bellwether Emerging Market Short

Completely disagree, as the article is based on flawed.dubious arguments.

Preparing to Strangle ICICI Bank

RBI went out on a limb to stress their comfort with ICICI Bank. There is no way they will let it go down. The stock continues to be beaten down by rumours and alleged "run on the bank" in the press, which seem to further stir more hysteria around the stock.

Seeking Alpha in Indian Real Estate

Calling a top in real estate is always a challenge, but afforability and real estate valuations are totally out of sync in India. The real estate market will correct severely at some point of time, though the valuations that compaies like DLF, Unitech, etc. enjoy is based largely on land banks that they purportedly own (limited transparency) based on hyped valuation of these land banks