What happens if ICICI bank goes down...

This is a good article which explains what happens to our money if icici bank goes down.

some important points are

1.deposits upto 1 lakh under one name in different branches will be considered as one account and will be given maximum of only 1 lakh rupees if bank is shutdown.So if you deposited money in total is above 1 lakh try to shift it to some other bank ....

2.If bank goes shutdown then to get this 1 lakh money it may take time like atleast 2-4 weeks so if you feel banks position is bad then remove the money from the account .

and you can read more about this here

http://deadpresident.blogspot.com/2008/10/what-if-icici-goes-bust.html