{"id":1673,"date":"2008-10-13T05:27:15","date_gmt":"2008-10-13T05:27:15","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=1673"},"modified":"2008-10-16T05:37:39","modified_gmt":"2008-10-16T05:37:39","slug":"icici-bank-secure-safe-bankrupt","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/icici-bank-secure-safe-bankrupt\/","title":{"rendered":"ICICI Bank Secure & Safe Not BankRupt"},"content":{"rendered":"

\"IciciHere is a message i recieved from Mr. V.Vaidyanathan, Executive Director ICICI Bank Ltd in relation to the ICICI Bankrupt<\/a> scenario and the bank financial positions<\/a>. RBI had also announced that the funds of the investors is completely safe with ICICI bank and no one had to worry, followed by statements from ICICI Bank officials regarding this issue.<\/p>\n

We are aware that you are being misled by numerous malicious and baseless rumors. Many of these are via SMSes. Many of our customers have written in to us expressing solidarity and confidence in our relationship, and have mentioned they have dismissed these rumors, for which we are grateful. Still we know that these rumors may cause you distress and doubts. You are our valued customer and we would not like you to have any of these feelings. So we have now chosen to write to you directly to allay your concerns if any.<\/p>\n

You would have seen the categorical endorsement of the soundness of Indian banking as well as ICICI Bank’s sound financial health from the RBI and the Finance Minister. You would have also read about the unequivocal certificate of confidence reposed on us by S&P an independent rating agency of repute. We have categorically and in a transparent manner disclosed that<\/p>\n

* We have ZERO exposure, directly or indirectly, to US sub-prime
\n* We have 150% more capital than what Banks are required to have, and we are one of the highest capitalized banks in the country
\n* We have a AAA rating
\n* We have sound liquidity to meet your needs whenever you need and in what ever amounts you may need
\n\"Icici
\nYour bank has grown and achieved its status of pre-eminence due to the patronage and trust you have reposed thus far in us. We have made many an Indian smile with a house, car and every banking need dreamed of by Indians. I am sure nothing factually or otherwise has changed in our relationship that we should let baseless rumors cast doubts in your mind. We once again want to reaffirm to you that the bank you have built and assisted to grow to pre-eminence will be with you day and night. We take pride in serving you and being the bank of your first choice.<\/p>\n","protected":false},"excerpt":{"rendered":"

Here is a message i recieved from Mr. V.Vaidyanathan, Executive Director ICICI Bank Ltd in relation to the ICICI Bankrupt scenario and the bank financial positions. RBI had also announced that the funds of the investors is completely safe with ICICI bank and no one had to worry, followed by statements from ICICI Bank officials […]<\/p>\n","protected":false},"author":1,"featured_media":18625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[671],"tags":[],"class_list":["post-1673","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tech-news","entry"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/ICICI-Bank-Logo-1.jpg?fit=213%2C52&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1542,"url":"https:\/\/www.amitbhawani.com\/blog\/icici-bank-india-bankrupt\/","url_meta":{"origin":1673,"position":0},"title":"ICICI Bank India Bankrupt Story","author":"Amit Bhawani","date":"September 30, 2008","format":false,"excerpt":"ICICI Bank India falls to a 52-week low and there are rumours all over the world that says that ICICI is going to follow Lehmann Brothers Inc of USA which is filing for bankruptcy. Also Meryl Lynch has been sold out & AIG has been bailed out by Federal reserve\u2026","rel":"","context":"In "Tech News"","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"ICICI Bank India","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/Images\/I\/ICICI-Bank-Logo.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1544,"url":"https:\/\/www.amitbhawani.com\/blog\/icici-bank-financial-position\/","url_meta":{"origin":1673,"position":1},"title":"ICICI Bank Bankrupt Rumours Baseless","author":"Amit Bhawani","date":"September 30, 2008","format":false,"excerpt":"Even though there were many rumours on ICICI bank Bankruptcy, the biggest loser on this issue were not the account holders but the company ICICI India ltd because they were getting serious pressure from the media and investors and everyone was waiting for a response from their end on this\u2026","rel":"","context":"In "Tech News"","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"Icici Bank Bankrupt","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/Images\/I\/ICICI-Bank-Bankrupt.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":175,"url":"https:\/\/www.amitbhawani.com\/blog\/icici-bank-introduces-request-funds-feature\/","url_meta":{"origin":1673,"position":2},"title":"ICICI Bank introduces Request Funds feature","author":"Amit Bhawani","date":"November 8, 2007","format":false,"excerpt":"ICICI bank after a announcement couple months back regarding No EFT transfer has now started a new feature in their online banking system by the name of Request Funds facility which is visible under the Account Summary option when you login to your online ICICI banking accounts. This facility allows\u2026","rel":"","context":"In "Tech News"","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/icici-request-funds.jpg?fit=660%2C384&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/icici-request-funds.jpg?fit=660%2C384&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/icici-request-funds.jpg?fit=660%2C384&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":374,"url":"https:\/\/www.amitbhawani.com\/blog\/steps-how-to-transfer-funds-from-your-icici-bank-account\/","url_meta":{"origin":1673,"position":3},"title":"Steps : How to Transfer Funds from your ICICI Bank Account","author":"Amit Bhawani","date":"March 12, 2008","format":false,"excerpt":"ICICI bank is one of the best private banks in India which offers online funds transfers from one account to another and this feature can help you out in saving tonnes of time, paper works and resources. This feature helps you to move any amounts of funds from one account\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21131,"url":"https:\/\/www.amitbhawani.com\/blog\/instant-credit-card-icici-bank\/","url_meta":{"origin":1673,"position":4},"title":"Get Instant Credit Card from ICICI Bank for Online Shopping","author":"Amit Bhawani","date":"February 9, 2011","format":false,"excerpt":"If you one of those freelancers who are looking for PayPal Alternatives following the PayPal Restrictions by RBI then this article could be helpful to you. Alternatively you can check out the AXIS Bank Easy Credit Card with Visa for Freelancers & Bloggers. ICICI Bank India offers you with a\u2026","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/www.amitbhawani.com\/blog\/category\/business\/"},"img":{"alt_text":"ICICI Bank Credit Cards","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2011\/02\/ICICI-Bank-Credit-Cards.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5822,"url":"https:\/\/www.amitbhawani.com\/blog\/pay-utility-bills-online-free-of-cost-via-icici-bank-account\/","url_meta":{"origin":1673,"position":5},"title":"Pay Utility Bills Online free of Cost via ICICI Bank Account","author":"Tony Stark","date":"November 18, 2009","format":false,"excerpt":"If you own a ICICI bank account in India then you can pay all your utility bills from your office, home or any location. You just need to register with the available billers to get started and pay your bills every month on time automatically. 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