ICICI Bank's Success or Greed for Money
by Athar Haque on Jun 11, 2007 09:37 AM
Its good to see that an Indian bank taken very fast track for growth. But if you visit any branch of ICICI Bank, usually customer fighting with the staff for petty issues... like uninformed heavy RCA and QAB deductions from the accounts... Long Qs... Worst effected people are whose income is less than Rs. 5000 - 10000... Quaterly they have to shell out Rs. 900 approx. for not maintaining the Quaterly Average Balance (QAB)... More over if an entry is wrongly placed in and account then it takes days to get it rectified... Thus Indicating Superficial growth... People who have migrated to ICICI Bank are going back to Nationalised bank...
