When ever there is rise in the interest rates, ICICI is the first to announce it first. However the vice versa is not the same. Even after all major banks cut rate ICICI did not cut the rates at all. However since they want to attract new borrowers they advertised low intrest rates and in the bottom a small line said for "new loan takers", existing people please enjoy the high rates.
RE:ICICI is a biggest.........
by NEERAV VASANTHLAL on Apr 07, 2008 10:31 AM Permalink
I did exactly the same when it happened to me. anyways,Thanks for your message. May be I Should have written that also.
