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Don't panic, bank is strong, ICICI tells customers "ICICI Bank is aware that rumours are being repeatedly being circulated in certain centres regarding the financial strength of the bank. The bank states that these rumours are baseless and malicious," ICICI Bank CEO and Managing Director K V Kamath said on Tuesday. Email this
What is subprime crisis? How it caused financial mayhem? The term subprime lending refers to the practice of making loans to borrowers who do not qualify for market interest rates owing to various risk factors, such as income level, size of the down payment made, credit history, and employment status. Email this
A first person account from Wall Street We are not worried about what happened today. We are worried what will happen tomorrow, says a senior BofA official recounting the blackest day in US markets history. Email this
'With entrepreneurship you can't afford a big ego' Stay Hungry, Stay Foolish is the story of 25 IIM Ahmedabad graduates who chose the rough road of entrepreneurship. The book seeks to inspire young B-school graduates to look beyond placements and salaries. To believe in their dreams. Email this
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