In your interest.
Online Personal Finance Magazine
No beating about the bush.
On the last day of September, ICICI Bank issued a public statement. “ICICI Bank has a very strong capital position,” it said. “The absorption of the impact of current market conditions on investment portfolio valuation will not pose any challenge to ICICI Bank’s capital position.” The Reserve Bank of India concurred, issuing its own public statement: “There are reports in some sections of the...