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ICICI Bank Ltd. Message Board

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  • investorgold2002 investorgold2002 Jul 11, 2008 7:46 AM Flag

    Earnings revisions

    rupee depreciation will get it down by 15%

    also, they hiked the repo rate, so credit growth will be less than previous estimates of 25%

    their strategy now is to focus on corporate credit and they keep talking about 700 billion capital required on infrastructure side

    overall, for long term it seems like it is a good price to buy. short term you never know where the low could be.

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