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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

Post by AndrewWigginon Sep 24, 2024 11:52am
24 Views
Post# 36238456

Lucky

LuckyI was lucky the day I bought this 20 years ago and the tax man will be lucky the day I sell it. I would have been selling shares to rebalance several times along the way but sometimes the tax man is your  friend when he dissuades you from sellling a winner and possibly buying a value trap.
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