5 Best Indian Stocks to Buy in USA

2. ICICI Bank Limited (NYSE:IBN)

Number of Hedge Fund Holders: 27     

ICICI Bank Limited (NYSE:IBN) provides various banking products and services in India and internationally. It is one of the major Indian stocks to invest in. ICICI Bank Limited (NYSE:IBN) on August 03 delivered impressive Q2 results, led by 22% year-on-year pre-provision operating profit growth on continued momentum across loan demand. With loan growth and asset quality also looking strong heading into a rising rate environment, ICICI Bank Limited (NYSE:IBN) is well-positioned for the rest of the year. 

On August 19, RBC and ICICI Bank Limited (NYSE:IBN) Canada agreed to collaborate to create a seamless banking experience for the newcomers to Canada and also to focus on building banking solutions that simplify the financial transition for the newcomers. 

At the end of the second quarter of 2022, 27 hedge funds in the database of Insider Monkey held stakes worth $1 billion in ICICI Bank Limited (NYSE:IBN), compared to 28 in the previous quarter worth $1.2 billion.