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View: Annual Data | Quarterly Data All numbers in thousands

PERIOD ENDING 31-Mar-07 31-Mar-06 31-Mar-05

Assets

Current Assets

Cash And Cash Equivalents 598,063 2,021,835 5,300,000

Short Term Investments 8,530,437 2,085,561 -

Net Receivables 735,365 - 2,094,000

Inventory - - -

Other Current Assets - - -

Total Current Assets - - -

Long Term Investments 76,363,710 53,955,959 31,763,000

Property Plant and Equipment 1,053,675 932,146 683,000

Goodwill - 14,040 170,000

Intangible Assets - - 96,000

Accumulated Amortization - - -

Other Assets 3,239,575 3,115,878 2,336,000

Deferred Long Term Asset Charges 176,159 221,186 278,000

Total Assets 90,696,985 62,346,605 42,720,000

Liabilities

Current Liabilities

Accounts Payable 1,463,829 1,077,732 410,000

Short/Current Long Term Debt - - 2,108,000

Other Current Liabilities 57,181,136 - 25,003,000

Total Current Liabilities - - -

Long Term Debt 14,181,693 12,540,549 8,425,000

Other Liabilities 17,465,779 43,521,108 3,755,000

Deferred Long Term Liability Charges - 92,250 13,000

Minority Interest 117,200 61,862 47,000

Negative Goodwill - - -

Total Liabilities 90,409,636 57,293,500 39,761,000

Company Type Public (NYSE: IBN; Mumbai: Full Quote)

Fiscal Year-End March

2007 Sales (mil.) $9,784.5

1-Year Sales Growth 68.8%

2007 Net Income (mil.) $719.2

1-Year Net Income Growth 37.2%

2007 Employees 61,697

1-Year Employee Growth 47.4%

You see, ICICI Bank is India’s #2 bank (after State Bank of India ), with
more than 600 branches and 2,200 ATMs nationwide. ICICI’s retail banking
group offers lending and deposit services to small businesses and individuals.
Larger businesses are served by the corporate banking group, which offers
finance services and treasury products. ICICI’s rural and government banking
unit offers micro-loans and agricultural banking. Foreign operations, as well
as services related to international trade finance and expatriate Indians, fall
under the international banking group. Other ICICI offerings include online
banking, asset management, and insurance.

Earnings Estimates
In-Depth Earnings Estimates

Current Next Current Next Year

Quarter Quarter Year Mar 09
Jun 07 Sep 07 Mar 08

Average Estimate -- -- $2.00 $2.66

Number of Analysts 0 0 4 3

High Estimate -- -- $2.06 $2.74

Low Estimate -- -- $1.94 $2.53

Year Ago EPS -- $0.18 -- $2.00

Growth Rate --% --% --% 32.67%

Consensus Recommendation: Strong Sell

Market Data
Current Information
Last Close 6-Aug-2007 $43.53 Price/Sales Ratio 2.34

52-Week High $53.43 Price/Book Ratio 79.62

52-Week Low $25.94 Price/Earnings Ratio --

60-Month Beta 1.3 Price/Cash Flow Ratio 3.83

Market Cap (mil.) $8,567.5 Return on Assets 0.9%

Shares Outstanding (mil.) 196.8 Return on Equity 26.9%

Dividend Rate 0.50 Current Ratio --

Dividend Yield 1.1% Long-Term Debt/Equity 0.22

# of Institutional Holders 213 % Owned by Institutions 15.0%

Latest Short Interest Ratio 2.56 Latest Net Insider Transactions --

Growth Rates 12 Month 36 Month 60 Month

Revenue Growth 68.8% 232.4% 1,735.7%

EPS Growth 0.0% 0.0% 0.0%

Dividend Growth (32.5%) 0.0% 503.7%

Overview
 Canara Bank has a can-do attitude about banking in India. One of India's largest banks, Canara Bank
(also known as CanBank) has a network of more than 2,500 branches throughout India and branches in
Hong Kong and London. All of Canara Bank’s branches -- including those located in rural areas -- are
computerized, in a country where it is not a given that banks can make such a claim. (The bank
considers 30% of its branches to be located in rural areas.) The modernization of all branches allows the
bank to offer its customers networked ATMs, telebanking, internet banking, and debit card services. The
financial institution is 73% owned by India’s government.

Overview

Punjab National Bank (PNB) is one of India's largest nationalized banks with some 4,500 branches or
service counters. The financial institution offers services in personal and corporate banking, including
industrial, agricultural, and export finance, as well as international banking. Its personal lending services
include loans for housing, autos, and education. PNB's diverse client list includes Indian conglomerates,
small and mid-sized businesses, non-resident Indians, and multinational companies. The bank was
established in Lahore in 1895 -- before the country was partitioned into India and Pakistan in 1947.

Overview

State Bank of India is the nation's largest bank. Tracing its roots back some
200 years to the British East India Company (and initially established as the
Bank of Calcutta in 1806), the bank operates more than 13,500 branches
and over 5,000 ATMs within India, where it also owns majority stakes in
seven associate banks. State Bank of India has more than 50 offices in
nearly 35 other countries, including multiple locations in the US (California),
Canada, and Nigeria. The bank has other units devoted to capital markets,
fund management, factoring and commercial services, and brokerage
services. The Reserve Bank of India owns about 60% of State Bank of India.

Bank of Baroda believes in the strength and integrity of relationships built with its customers like you. With over
90 years of experience in the banking industry and a wide network of over 2700 branches all over the country, we
have always been active in extending financial support and adapting to your changing needs.

Our Deposit Products, Retail Loans, Credit Cards and Debit Cards help you with your growing financial needs. With
facilities like Lockers we ensure that your valuables are safe with us.
Our countrywide branches offer you convenience and ease in operating your account wherever you are. Our 24-
hour ATMs enable you to withdraw cash, check your account balance and request for a new chequebook even
after banking hours.

Faster technology for better service

Baroda Internet Banking / Baroda Mobile Banking, our latest Internet and Mobile banking initiatives enable you to
operate your account just as you would in any of our branches. You can through the Internet check your balance,
request for chequebooks and print account details.

Choose from our various products and services, that we sincerely feel will put a smile on your face; an investment
we would like to bank on forever.

Key People
Key people and executives for ICICI Bank Limited (NYSE: IBN)

Chairman Narayanan Vaghul

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Managing Director and CEO

Kundapur V. Kamath

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Group CFO and Treasurer Vishaka Mulye

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o CICI Bank Performance Review - Quarter ended June 30,

2007: 25% year-on-year growth in profit after tax

(Business Wire, 07/21/2007 06:18:16 AM EDT)

MUMBAI, India-- --July 21, 2007--The Board of Directors of

ICICI Bank Limited at its meeting held at Vadodara today,
approved the audited accounts of the Bank for the quarter
ended June 30, 2007 . Highlights -- Operating profit
increased 58% to Rs. 1,524 crore in Q1-2008 from Rs.

Products and Operations

2006 Sales
 $ mil. % of total
Infrastructure 47,429 29
Industrial 33,494 20
Commercial finance 23,792 15
GE Money 21,759 13
Healthcare 16,562 10
NBC Universal 16,188 10
Corporate items & eliminations 4,167 3
Total 163,391 100
2006 Sales
$ mil. % of total
Sales of goods 64,297 39
GE Capital Services 60,154 37
Sales of services 36,403 22
Other 2,537 2
Total 163,391 100

Financial Information: ICICI Bank Financials

Contact this company: +91-22 2653 1414

In order to capture an historical perspective of the business, Hoover's includes ICICI

Bank financial information for prior years. For example, subscribers have access to
ICICI Bank financials that include up to a decade of revenue, employee, and stock
data. Detailed ICICI Bank financials include annual and quarterly financial
information, market data, and comparison data.

View a summary of ICICI Bank's Historical Financial Information:

ANNUAL INCOME STATEMENTS

All amounts in millions of US Dollars

Year Revenue Gross Profit Operating Income Total Net Income Diluted EPS (Net
Income)

Mar 07 9,784.5 6,919.5 1,916.0 719.2 --

Mar 06 5,796.3 5,261.3 2,969.4 524.1 --

Mar 05 2,911.0 2,152.0 1,057.0 196.0 0.27

Annual Income Statement

All amounts in millions of

except per share amounts.

View: Annual Mar 07 Mar 06 Mar 05

Revenue 9,784.5 5,796.3 2,911.0

Cost of Goods Sold 2,865.0 535.0 759.0

Gross Profit 6,919.5 5,261.3 2,152.0

Gross Profit Margin 70.7% 90.8% 73.9%

SG&A Expense 4,531.9 1,884.1 1,030.0

Depreciation & Amortization 471.7 407.8 65.0

Operating Income 1,916.0 2,969.4 1,057.0

Operating Margin 19.6% 51.2% 36.3%

Nonoperating Income 135.1 (1,361.2) (13.0)

Nonoperating Expenses 1,200.4 932.0 810.0

Income Before Taxes 810.7 702.0 234.0

Income Taxes 160.7 156.8 38.0

Net Income After Taxes 650.0 545.2 196.0

Continuing Operations 719.2 524.1 196.0

Discontinued Operations -- -- --

Total Operations 719.2 524.1 196.0

Total Net Income 719.2 524.1 196.0

Net Profit Margin 7.4% 9.0% 6.7%

Diluted EPS from Total Net Income ($) -- -- 0.27

Dividends per Share 0.73 0.34 0.33

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