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ICICI Bank ADR Rep 2 Ord Shs IBN

ICICI Bank Limited (the Bank) is an India-based banking company engaged in providing a range of banking and financial services including commercial banking and treasury operations. The Bank's segments include Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, Others and Unallocated. Retail Banking segment includes exposures of the Bank which satisfy the four criteria of orientation, product, granularity and low value of individual exposures for retail exposures laid down in Basel Committee on Banking Supervision document International Convergence of Capital Measurement and Capital Standards: A Revised Framework. This segment includes income from credit cards and third-party product distribution. Wholesale Banking segment includes all advances to trusts, partnership firms, companies and statutory bodies, by it which are not included under Retail Banking. Treasury segment includes the entire investment and derivative portfolio of the Bank.


NYSE:IBN - Post by User

Comment by greedfearon Mar 31, 2007 1:41pm
291 Views
Post# 12524995

RE: down 5% today

RE: down 5% todayHello Sulux and Rypmed I bought at low 20s and added at low 40's so I've been following IBN for a while. India wants to control inflation and easy credit a bit as they see a danger of a bubble bursting and what they are doing is good for the medium to long term.For the short term it's weighing on the SP of IBN.I'm betting on IBN to continue it's upward trend ones these measures are over with. JMHO
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