Disclaimer: Information provided in this post/blog is collective effort of various reliable sources and author is not responsible for any consequences!!!! Hello Folks !!!! This is the Latest rumor taking rounds in the internet and also among the people. My two cents about this baseless rumor. First of all, ICICI Bank, the second largest bank of India and the largest bank in private sector, has straight away dismissed any problems with its ICICI UK exposure to Lehman Brothers Bonds. As per the news, officials of ICICI Bank, said its cumulative overseas exposure is less than 4 per cent of its consolidated assets and the bank has the ability to take any losses, if they arise. Since the day Lehman Brothers declared Bankruptcy, there are big rumors running around in the market about ICICI bank's exposure to the troubled Lehman Brothers Bank and its Bonds. There have been questions raised about ICICI bank's solvency concerns. Needless to say ICICI Bank may take a hit of US$ 28...
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