andyn

ICICI Bank: Bellwether Emerging Market Short

I will gladly buy IBN here at $18.
Inflation is plummeting and with that interest rate margins are increasing.
IBN is still in a market that will grow atleast 5% if not more.
also in India most loans need substantial down payments unlike the US.

for a long term investor, its a great entry point to ride the Induan growth,