RBI says ICICI Bank has sufficient liquidity -- September 30, 2008
The Reserve Bank of India (RBI) today said ICICI Bank, India’s biggest private sector bank in terms of net profit, has sufficient liquidity. RBI further said that ICICI Bank and its subsidiary banks abroad are well capitalized.
The central bank said it was monitoring the developments and has arranged to provide adequate cash to ICICI Bank to meet the demands of its customers at its branches/ ATMs.
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