8 Indian Stocks that Foreign Investors Love
5) ICICI
ICICI Bank is India’s 2nd largest financial services firm and is head-quartered in Mumbai. It provides services like - venture capital and asset management, life and non-life insurance and investment banking. Chanda Kochhar is the CEO and MD of ICICI Bank. It has more than 79,978 employees since 2011.
FIIs bought 1,152,564,657 shares of ICICI Bank in December, 2011, 1,151,422,189 shares in December 2010 and 1,114,131,968 in December, 2009. This shows a steady increase in FII in ICICI Bank.
ICICI Bank registered a Profit After Tax of
1,443 crore in the Q2 of 2011. It registered a growth of 16 percent when compared to
1,236.3 crore in 2010. Its Net Interest Income (NII) increased by 13 percent to
2,500 crore from
2,204.4 crore during Q2 of 2011.

