ICICI Bank has things under control, says executive

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Mumbai, October 1, 2008 : ICICI Bank, India's second biggest bank, said that rumours being repeatedly circulated about its financial strength were baseless and malicious. They said that the bank had a strong capital position. Central bank joined ICICI Bank Joint Managing Director of ICICI bank; Chandra Kochar to reassure investors and customers, saying ICICI was well capitalized and has enough cash to meet depositor demands.

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