Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
ICICI Bank
Don`t believe in ICICI Bank Management
Posted by :
i am newTracked by: 0 Boarder
CEO is crying about Rating....HAA HAA HAA Waht a Joke. Just have a look at the ratings those Lehman, Bear & Stern, Morgan Stanley etc used to get from so called "Rating Agencies". These all were issued Excellent Ratings just 1 to 3 months ago and see what happened to them. Suddenly $140/share got reduced to $2/share.
Rating Agencies are nothing else but paid people who keep issuing ratings against payment. Is it not a Joke that Morgan Stanley still issuing ratings to other companies.... hee hee hee...how people are expecting everyone to swallow live flies....
In reply to:
Don`t believe in ICICI Bank Management
Posted by :
Guest
ICICI Bank selling ratio is 3:1 please check ………
Means 3 selling …..1 buying
Don`t believe in ICICI Bank Management
Posted by : i am newTracked by: 0 Boarder
ICICI definately have cash crunch.... no dout about it. It has been becoming evident since loooong. Bank with such a problem is sure to be doomed....
In reply to:
Don\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\`t believe in ICICI Bank Management
Posted by :
pankajcontrol
This dosent seems tru...my valuations on this stock is 500 to 600 K in one years span and it would regain its past glory of 1000 in coming 3 years.........dont ever question the Company it is one of the Best banks ..have you worked
LOOT SAKO TO LOOT LO.
Posted by : chief_kamaniTracked by: 0 Boarder
radhika_nandlal-It appeared that the moderator warned you of the comsequences!!He went out to say that The Mighty ICICI may choose to sue you!!Thats an out of the ordinary"Warning"!!...
In reply to:
LOOT SAKO TO LOOT LO.
Posted by : radhika_nandlal
I have enough material to prosecute ICICI BANK for their lousy ICIDIRECT SERVICE which they linked to my bank account and messed up my account one day. They will not dare come even an inch near me i am sure about that.....
RBI`s clean chit to Global Trust Bank (flashback)
Posted by : chchchTracked by: 0 Boarder
The earlier one was from The Hindu archives of June 8, 2002. Now, the following is from Businessline archives of June 8, 2002.
Panic withdrawals from select branches -- GTB sees foul play; to seek RBI action
Our Bureau
HYDERABAD, June 7
SUSPECTING foul play behind the latest panic withdrawals, the management of Global Trust Bank (GTB) has decided to approach the Reserve Bank of India (RBI) seeking action against entities allegedly resorting to the unethical practice of spreading rumours on the financial health of the bank.
A large portion of the premature withdrawals of a little over Rs 6 crore in the last couple of days were witnessed in the stretch between Ameerpet and Chandanagar here from three branches and 10 ATMs.
Interestingly, while GTB is one of the dominant private sector banks in the twin cities of Hyderabad and Secunderabad with 70 touch points (18 branches and 52 ATMs), a major chunk of its business both in terms of retail deposits and savings accounts comes from the affected region of Ameerpet - Chandanagar.
GTB has around 15 major corporate clients in this region for salary accounts with over 10,000 individual accounts. These corporate majors include Infosys Enterprises, Dr Reddy`s Laboratories, Asian Paints, Tata Telecommunications, ITW Signode India and InfoTech Enterprises, among others.
The GTB management is suspecting foul play by competitors since a couple of private sector banks opened their kiosks in front of some of the affected branches and ATMs of GTB in the twin cities on Thursday.
Stating that the bank would probe the matter to identify the root cause for the latest panic withdrawals, the GTB Managing Director, Mr Sudhakar Gande, said he would not rule out the role of competitors behind the panic withdrawals.
Talking to newspersons here on Friday, Mr Gande said the management successfully addressed the problem of panic withdrawals and brought back the business to normal. In a move to boost the confidence levels of depositors, each of the 52 ATMs in the twin cities was replenished with cash of around Rs 20 lakh to meet any withdrawal demand.
- Our primary and immediate objective in the last couple of days was to meet the expectations of our customers by entertaining withdrawals, irrespective of their maturity schedules. We will now look into the cause of the problem and draw up suitable strategies to effectively counter such problems in the future, - Mr Gande said.
Stating that the bank was planning to expand its delivery channels by opening another 200 ATMs during the current fiscal year to take the total network to 400 ATMs across the country, Mr Gande said the bank was also considering a proposal to market products such as insurance, taking advantage of its strong network of over 7.5 lakh customers.
...
In reply to:
RBI`s clean chit to Global Trust Bank (flashback)
Posted by : chchch
poojadevi, I have retrieved from archives of Businessline, which reads as under:
GTB — Rumours and a reassurance
By Our Special Correspondent
CHENNAI JUNE 8. The recent mini-run on a few Hyderabad branches of Global Trust Bank (GTB) was caused by unsubstantiated rumours, say senior officials of the Reserve Bank of India which has a supervisory and regulatory role over all banks. They reiterated that the central bank has not found anything that can cause apprehension either from a supervisory or solvency angle. - Liquidity and solvency conditions of the bank are satisfactory and the RBI has no regulatory concern, - is the central bank`s view.
A categorical statement like that should set at rest any remaining worries of GTB`s depositors. On Friday, the top management of GTB had claimed that normalcy had returned to the few branches where there were heavy withdrawals earlier in the week. Senior banking personnel say that attention should now shift to finding the sources of the destabilising rumours and take appropriate action against those responsible. A few months ago Bank of Punjab, another new generation private bank, was at the receiving end of similar rumour mongering.
GTB was a high-flier even by the standards of these banks which were set up to be `showpieces` of modern banking and to be in distinct contrast to the public sector banks, which continue to dominate the Indian banking scene. Technically well endowed and with leaner outfits these banks were expected to blaze a trail which the PSBs could somehow emulate. It is a different matter that the new private bank model has disappointed. Only two of them — those promoted by ICICI and HDFC have flourished. Even those started by IDBI and UTI did not make a mark immediately and only recently seen to be on a growth path. One of them Times Bank merged with HDFC Bank. GTB itself almost merged with UTI Bank. Centurion Bank, which grew out of an NBFC, is desperately looking for a bank to take it over. Its promoter directors have resigned from its board.
GTB has been unique in that it was claimed to be the only private bank started (solely) by bankers. Under its co-promoter and first CEO, .Ramesh Gelli, it set a scorching pace in its early years until its extraordinary involvement with the scandal tainted stock broker Ketan Parekh surfaced. A Joint Parliamentary Committee is probing the entire connection. Mr. Gelli and most of the original management team have been asked by the authorities to step down. Subsequent managements of the bank have been trying to rebuild its image. The fact that rumours can cause a mini-run shows how difficult that task is. Like the other new generation private banks, GTB is well capitalised. Solvency cannot be an issue for any of them, according to experts.
RBI`s clean chit to Global Trust Bank (flashback)
Posted by : chchchTracked by: 0 Boarder
poojadevi, I have retrieved from archives of Businessline, which reads as under:
GTB — Rumours and a reassurance
By Our Special Correspondent
CHENNAI JUNE 8. The recent mini-run on a few Hyderabad branches of Global Trust Bank (GTB) was caused by unsubstantiated rumours, say senior officials of the Reserve Bank of India which has a supervisory and regulatory role over all banks. They reiterated that the central bank has not found anything that can cause apprehension either from a supervisory or solvency angle. - Liquidity and solvency conditions of the bank are satisfactory and the RBI has no regulatory concern, - is the central bank`s view.
A categorical statement like that should set at rest any remaining worries of GTB`s depositors. On Friday, the top management of GTB had claimed that normalcy had returned to the few branches where there were heavy withdrawals earlier in the week. Senior banking personnel say that attention should now shift to finding the sources of the destabilising rumours and take appropriate action against those responsible. A few months ago Bank of Punjab, another new generation private bank, was at the receiving end of similar rumour mongering.
GTB was a high-flier even by the standards of these banks which were set up to be `showpieces` of modern banking and to be in distinct contrast to the public sector banks, which continue to dominate the Indian banking scene. Technically well endowed and with leaner outfits these banks were expected to blaze a trail which the PSBs could somehow emulate. It is a different matter that the new private bank model has disappointed. Only two of them — those promoted by ICICI and HDFC have flourished. Even those started by IDBI and UTI did not make a mark immediately and only recently seen to be on a growth path. One of them Times Bank merged with HDFC Bank. GTB itself almost merged with UTI Bank. Centurion Bank, which grew out of an NBFC, is desperately looking for a bank to take it over. Its promoter directors have resigned from its board.
GTB has been unique in that it was claimed to be the only private bank started (solely) by bankers. Under its co-promoter and first CEO, .Ramesh Gelli, it set a scorching pace in its early years until its extraordinary involvement with the scandal tainted stock broker Ketan Parekh surfaced. A Joint Parliamentary Committee is probing the entire connection. Mr. Gelli and most of the original management team have been asked by the authorities to step down. Subsequent managements of the bank have been trying to rebuild its image. The fact that rumours can cause a mini-run shows how difficult that task is. Like the other new generation private banks, GTB is well capitalised. Solvency cannot be an issue for any of them, according to experts.
...
In reply to:
RBI`s clean chit to Global Trust Bank (flashback)
Posted by :
poojadevi
RBI`s clean chit to Global Trust Bank
9 Jun 2002, 1215 hrs IST,PTI
NEW DELHI: Allaying fears of depositors, the Reserve Bank has given a clean chit to Global Trust Bank saying the private bank does not have any liquidity or solvency problems and there is no
Stay away from ICICIBANK
Posted by : iinvestrTracked by: 0 Boarder
Q2 result is disastrous....
Flattering to deceive ???
Posted by : DUstocksTracked by: 0 Boarder
At the current Speed Of Trend, ICICIBANK will become OVERSOLD on 20th October, 2008 at Rs. 372.68.
Support & Resistance Levels for ICICIBANK for Tuesday :
R3 R2 R1 P S1 S2 S3
534.18 494.31 459.73 419.86 385.28 345.41 310.83
Support & Resistance Levels for NIFTY for Tuesday :
R3 R2 R1 P S1 S2 S3
3813.60 3661.90 3576.30 3424.60 3339.00 3187.30 3101.70
...
ICICI Bank can test Rs 475-480: Mathew
Posted by : MMB MessengerTracked by: 0 Boarder
Technical Analyst, E Mathew is of the view that ICICI Bank can test Rs 475-480....
RBI`s clean chit to Global Trust Bank (flashback)
Posted by : poojadeviTracked by: 0 Boarder
RBI`s clean chit to Global Trust Bank
9 Jun 2002, 1215 hrs IST,PTI
NEW DELHI: Allaying fears of depositors, the Reserve Bank has given a clean chit to Global Trust Bank saying the private bank does not have any liquidity or solvency problems and there is no ...
ICICI Bank topper on sensex gainer list.
Posted by : gvTracked by: 0 Boarder
Log in ICICI bank and use the link to icicidirect
Normally should not have problem...
In reply to:
ICICI Bank topper on sensex gainer list.
Posted by : sasreddy
my dear friend I am getting error like HTTP Error 500.13 - Server error: Web server is too busy.
this is tactic for icicidirect people . I am beeting Icici will gone with in couple of months or years.
DONT DO ANYTHING
Posted by : B.warrenTracked by: 1 Boarder
If this scrip is 10% up tomorrow, book profit....
In reply to:
DONT DO ANYTHING
Posted by : LOOKUP
Another 20 percent is possible tomorrow too.
LOOT SAKO TO LOOT LO.
Posted by : B.warrenTracked by: 0 Boarder
I would not advice you to trade in FNO. You must become investor in this market & should wait for 2-3 years to make some profit. This year many persons have made huge losses ( me also)by trading in FNO. ...
In reply to:
LOOT SAKO TO LOOT LO.
Posted by : radhika_nandlal
Every stock is at 20% high today...i mean the fNO ones.. how much money one could have made.. but did i? No never, i only seem to get huge losses and small profits in stockmakets....
Wonder who had the guts to go long on Friday in FNO scrips.. they are the real traders.
Whats the profit in one lot of ICICI FUTURES bought at friday close?
DONT DO ANYTHING
Posted by : GuestTracked by: 1 Boarder
some investors are still not convinced...but icici is sure to move up.....
In reply to:
DONT DO ANYTHING
Posted by : LOOKUP
Another 20 percent is possible tomorrow too.
LOOT SAKO TO LOOT LO.
Posted by : GuestTracked by: 0 Boarder
wen icici moves up u cant stand tat bcoz of ur previous xperience.keep those rumours and bad sentiments aside and be +ve.....
In reply to:
LOOT SAKO TO LOOT LO.
Posted by : radhika_nandlal
Mohanji,
If i had kept whatever my hubby gifted me i would be worth 6 crores today.. but i sold everything.. my loss in three properties in bangalore is much more than stockmarkets.. i sold all for double but they have gone up several times more... so i am praying i get all my missed profits soon..... yes i have made grave mistakes in stock markets too...
LOOT SAKO TO LOOT LO.
Posted by : GuestTracked by: 0 Boarder
stock market is ultimately a game of gambling...keep your emotions aside and prepare for the next game.....
In reply to:
LOOT SAKO TO LOOT LO.
Posted by : radhika_nandlal
I have enough material to prosecute ICICI BANK for their lousy ICIDIRECT SERVICE which they linked to my bank account and messed up my account one day. They will not dare come even an inch near me i am sure about that.....
Boarders Outlook on ICICI Bank
positive outlook
negative outlook39 queries on ICICI Bank
see moreMore from the Banks - Private Sector Sector
Boarders tracking ICICI Bank
see more News Updates on ICICI Bank
