This exposure is shared among state banks and at least one private-sector giant, ICICI.
Icici Bank is also worth a look, though its technical performance is currently weaker.
FORBES: India-Based Bank HDFC Potentially Poised For Further Growth
Back in 1996 ICICI had only 300 telephone lines and clients had a hard time getting through.
Back at ICICI, Vaghul's retirement was imminent, and he asked Kamath to head the institution in 1996.
This issue is an occasion to recognize the strides of India's ICICI and its guiding light, K.V.
"ICICI's Herculean rise has much to do with Kamath's correct reading of how markets would evolve, " says Chaukar.
However, analyst reports from Citi, ICICI Direct and Morgan Stanley give a thumbs up to the Jaypee Group.
Meanwhile, at ICICI she went on to lead one of the divisions of the corporate finance business in 1993.
When 30 key executives of ICICI bank met recently for their quarterly strategy review, they mulled over something unusual.
Setting up ICICI's leasing business from scratch and helping then executive chairman N.
Spokespeople for ICICI Bank and Axis Bank couldn't immediately be reached for comment.
Higher interest rates have slowed the consumer finance market of late, and collection issues have dogged ICICI and other lenders.
They included institutions such as the Bombay Stock Exchange (BSE) and a consortium led by ICICI Bank, India's second largest.
ICICI's shares are counting on Vaman Kamath, its chief executive, and his determination to recast it as a universal bank.
The manager of ICICI OneSource, one of India's biggest call centres, argues that India's advantage is in terms of productivity.
In a smart downtown office in the southern Indian city of Bangalore dozens of Indian graduates work for ICICI OneSource.
Infosys Ltd. ( NYSE: INFY) is up about 2.2%, and ICICI Bank Ltd ( NYSE: IBN) is higher by about 0.7%.
FORBES: SPDR S&P Emerging Asia Pacific ETF Experiences Big Outflow
In ICICI we are recognizing a wider story in India than we did with Tata (mostly manufacturing) and Infosys (it services).
Infosys Ltd. ( NYSE: INFY) is up about 0.4%, and ICICI Bank Ltd ( NYSE: IBN) is higher by about 1.1%.
Investing heavily in technology--at one-tenth the cost of foreign banks, he claims--ICICI could offer First World banking services at Indian prices.
Ten days short of the deadline a banker at ICICI Bank agreed to provide the guarantee, accepting Atul's word as collateral.
It is looking to take a stake in ICICI Bank, India's largest.
The ICICI way is to take a calculated risk and plunge into new businesses--to date, all of them are aimed at Indians.
MUMBAI--India's central bank said Monday it is investigating ICICI Bank Ltd.
Mr. Chidambaram's comments follow charges last week against ICICI Bank Ltd.
Of the new private-sector banks, ICICI bank has the most foreign outposts.
ECONOMIST: India is caught in two minds about financial globalisation
ICICI, a former state development bank, will put the group in the league of State Bank of India, the country's biggest bank.
The earnings outlook on Icici is also less robust than on HDFC.
FORBES: India-Based Bank HDFC Potentially Poised For Further Growth
The first person to come onboard as an employee was Sudhir Variyar, a former director at ICICI Venture who had left along with her.
FORBES: Asia's Women In the Mix: Renuka Ramnath's Lucrative Intuition
Nokia recently appointed Lalita Gupte, an Indian banker who had just retired from ICICI bank, one of the world's most innovative practitioners of bottom-of-the-pyramid finance.
应用推荐