ICICI Bank is safe

ICICI bank informed on Sunday that it's major overseas leding of $ 12 billion loans abroad to companies like RIL, L&T, Tata group are the safe and fully secured. Bank's exposure to is largely for the blue chip companies. The bank said it's financial position is remain strong and it has already announced by RBI and the Finance Minister. Meanwhile ICICI Bank share price closed on Friday at Rs.364.10. ICICI bank share price worstly effected due to the poor sentiment on the bank's capability in the world financial crisis. (thebullishtrendso)