Is ICICI bank collapse a reality? | Indian Stocks to Make You a Millionaire
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Is ICICI bank collapse a reality?

Posted By On 10:20 PM Under
1. All those invested with ICICI Bank need not fear as bank is not going to collapse or go bankrupt as it has sufficient liquidity to meet depositors' needs and same is stated by none other than RBI, who is Indian financial market watch dog.

2. On part of commendable job undertaken by Reserve Bank of India where it has given enough cash to the bank to meet its ATM withdrawals.

3. RBI has further issued statement that ICICI Bank and its foreign arms are well capitalised and developments in the bank are being monitored.

4. It is generally a trend that whenever bad news flows one gets to see a number of people lining up in front of ATMs to undertake the withdrawl and similar situation was seen earlier also; however it being a temporary phenomenon, it just passes away with in 3-4 days.

5. One can read further about ICICI Bank Collapse at the listed link to get the correct perspective about the bank.

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