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ICICI Bank Ltd. Message Board

  • amangrewal100 amangrewal100 Feb 8, 2011 6:01 PM Flag

    Indian fundamentals look horrible right now!

    Economy is slowing, inflation is rising, real estate is slowing down, stocks are crashing. Not a good sign short-term. Call this a correction, but at the same time you can't have banks moving up 50-100% when loan growth will slow down due to higher rates. Basic fundamentals. DONT NOT BUY INDIAN BANKS RIGHT NOW! I guarantee US banks will outperform this year, buy BAC not IBN.

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