Stock price when the opinion was issued
Investing in India right now makes all the sense in the world. It's the largest population now, surpassing China. India has significant growth, population is relatively young and moving to cities, with more banking needs required.
Second-largest bank in India. Just completed a merger with a mortgage business.
An Indian stock for a long-term hold? You can do this through the banking side through an HDFC Bank (HDB-N) or through ICICI Bank (IBN-N). Those 2 are the best ones. Their share prices have had a huge run this year, much like the emerging markets. It has also helped that the Indian government has enacted a GST.