Focus Advisory

ICICI Bank: The Slide Continues

I concur with much of the article, but what the author fails to mention is the off balance sheet strength of ICICI.

Most notably, ICICI is majority owner of not yet profitable ICICI-Prudential...the largest non goverment owned insurance company in India.

Regards

ICICI Bank: Unwarranted Beating, Proven Growth Prospects

Thank you for the well informed article. As a long-time shareholder of IBN, I would add the following:

Three out of every ten children in the world live in India and 300 million Indians are expected to enter the workforce between now and 2025.

As India matures, nearly every Indian will get a checking account, a loan, a mutual fund, a credit card, and/or insurance.

Because of India's demographics there may not be any single greater secular growth story in the world over the next 20 years.

Regards