ICICI Bank: Full Steam Ahead For India's Banking Outperformer
ICICI Bank Limited (NYSE: IBN ) is the #2 private sector bank in India and through its subsidiaries, also operates some of the country’s leading insurance (life & general), investment banking, and asset management franchises. Since key peer HDFC Bank’s troubled merger (seeAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own o ...