Team-BHP - View Single Post - ICICI Bank Bankruptcy News...Rumour?? (EDIT: Yes it was an absolutely baseless rumor)

ImmortalZ · 30th September 2008, 07:33

It's a really funny situation. A bank, otherwise fine, can get into deep trouble when people do mass panic withdrawals. The rumour itself might cause ICICI to go bankrupt, even if it is perfectly fine otherwise.

30th September 2008, 07:33	#9 (permalink)
ImmortalZ Senior - BHPian Join Date: Jan 2008 Location: Trivandrum Posts: 1,717 Infractions: 0/1 (7)	It's a really funny situation. A bank, otherwise fine, can get into deep trouble when people do mass panic withdrawals. The rumour itself might cause ICICI to go bankrupt, even if it is perfectly fine otherwise.