Banks and satyam employees

Many satyam employees are receiving mails ,messages about their credit limits getting cut.Some of them are

1.Icici bank --They reversed the card limit if you dont have any dues.
2.kotak mahindra bank
3.Barclay bank

Kotak Mahindra Bank cut the credit limit from 52000 to 15000 rupees and cash with drawl limit was totally cut.

Barclay Bank cut the credit limits to 15000.

Satyam employees against ICICI bank

Many satyam employees who took credit card using satyam payslip ,satyam id card as proof.Got messages(sms) saying that their credit limit was cut down to nearly 90%.Internally many employees started a moment to cancel their ICICI bank credit cards .Many started calling to ICICI customer care to ask why their credit limit was reduced.They got an answer that it is because of Economic Macro Conditions.They canceled their credit cards by telling same reasons.People with only one credit card are waiting for applying new credit card and canceling ICICI bank ones.
They have a good argument to support also.They say that when we got some information about ICICI bank bankruptcy they did change their salary accounts or credit cards.Now ICICI bank doesnt have same faith in Satyam.

ICICI bank may increase credit limits to normal but ICICI bank will suffer because of this decision which hurt the sentiments of Satyam employee

Icici bank clarifies to customers about rumors

Icici bank sends mails to stop rumors.

Dear Customer, 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. 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 We have ZERO exposure, directly or indirectly, to US sub-prime We have 150% more capital than what Banks are required to have, and we are one of the highest capitalized banks in the country We have a AAA rating We have sound liquidity to meet your needs whenever you need and in what ever amounts you may need Your 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. We desire and request the continuance of your unwavering trust and relationship. We promise to you that not only your deposits but all your interests are safe and secure with us. In case you need to reach us, kindly write to us at customer.care@icicibank.com. Sincerely V. Vaidyanathan Executive Director ICICI Bank Ltd

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

RBI statment on Icici bank

RBI says about ICICI bank rumors

RBI Statement on ICICI Bank's Financial Position
There are reports in some sections of the media that based on rumours regarding the
financial strength of ICICI Bank, depositors are withdrawing cash at its ATMs and branches in
some locations.
It is clarified that the ICICI Bank has sufficient liquidity, including in its current account
with the Reserve Bank of India, to meet the requirements of its depositors. The Reserve Bank
of India is monitoring the developments and has arranged to provide adequate cash to ICICI
Bank to meet the demands of its customers at its branches/ ATMs.
The ICICI Bank and its subsidiary banks abroad are well capitalised.
Alpana Killawala
Chief General Manager
Press Release : 2008-2009/412

Shah rukh khan

what is plural of SHAH RUKH KHAN???
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soccho
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Ans - ICICI Bank
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Kaise???
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bcos-
SHAH RUKH KHAN - Main hoon na

n

ICICI Bank - Hum hain na