Is it truth???

ICICI Bank is gonna SUCK badly.
The rumour that the bank is running out of liquid cash will soon become reality.
Even if we think that it was a rumour there have been lots of ppl who have taken away their money from the bank resulting in a further slump in their liquidity.

And further moves from the bank prove that they are running out of cash…
Like not allowing third party transfers .
ATMs are not stocked .
And bank officials replying to forums saying it is not true.

And the main reason could be that they have lots of investors in ICICI Insurance which are getting affected by the sensex hitting an all time low..

It might have started as a rumour but will definetly become true.
Sincerely,

Gili

The accountants amongst you will appreciate this simple
axiom ………
**
*Popular quote doing email forwards rounds post Lehman, AIG, Merrill
fiasco…**

There are two sides to a Balance Sheet.*

*Left & the Right (Liabilities and**
Assets respectively.*

*On the Left side there is nothing right.. and on the Right
side there is
nothing left “*

Why spend crores of rupees of our money to release FRONT PAGE quater page advertisements in EXPENSIVE newspapers to discredit “certain rumours”.

By being attention to certain rumours, now you have aroused the curiosity of 75 million readers of the newspapers pushing “Is ICICI Bank bankrupt” amongst the top Google searches. In effect, the bank spent money to spread the rumour further when a simple direct email to its customers would have sufficed……..

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Please forward this to the decision makers…CEO’s