ICICI Bank is a good entity to trace out virgin markets and newer sources of business but has not shown the tenacity to consolidate these new markets. In fact, if you ask me, the bank has a poor record to show on the front of 'consolidation'. Mr Vaghul's path breaking pace of new market's exploration followed by Mr Kamath's speed has left a ' panting' field staff who are 'mostly lost' in dishing out glib talk in trying to hold on to the new virgin fields ploughed by the General, Mr Kamath. ICICI Bank would do well to cncentrate on this stage of 'consolidation' at least now or else, the bubble may burst soon. The competition is catching up with the path shown by ICICI bank and they would do well to "not ignore" entities like HDFC Bank ot UTI Bank The general public who ahd been enamoured in the intial stage by ICICI Bank's 'foreign bank's look and 'local bank treatment' are slowly getting disillusioned by the neglect of the staff who also seem to have got into a sense of complacency.
