Arre yaar, I was only quoting some ridiculous rumors I read on this thread. Some great guy suggested that ICICI bank belongs to the same group from Manipal that ran another Manipal based bank and it went belly up. Another CIA field operative wrote that ICICI was apparently bailed out by a consortium of nationalized bank but it was never made public. I guess they just sent him a report about it.
I hate rumor mongers who seem to have no better work but to start spinning yarns at the very first chance. This latest thing began here in Hyderabad since yesterday night. By 11 pm the situation was so grim that some ATMs had miles long queue. And I saw some jokers standing around the KPHB ICICI ATM and happily adding more mirch masala to it all. And some weak kneed types were buckling down then and there. One lady was literally wailing yaar! And the sadist standing next to him (not in the queue but was only spreading rumors) was telling how he has heard that Kamath and party have run away leaving ICICI to sink. Felt like giving one of those rumor mongers one chamaat. There should be a law against which such people can be booked.
And now I find that some of us here are also carrying on in the same vein. Please guys. This kind of rumor mongering does not help any cause.