The central bank clarified that the ICICI Bank has sufficient liquidity, including in its current account with the RBI, to meet the requirements of its depositors.
"The Reserve Bank of India is monitoring the developments and has arranged to provide adequate cash to ICICI Bank to meet the demands of its customers at its branches and ATMs.
"The ICICI Bank and its subsidiary banks abroad are well capitalised," the statement said.
The statement also came after bank chairman K V Kamath said rumours about the financial strength of the bank are "baseless and malicious".
Image: Image: A policeman stands guard outside the Reserve Bank of India in Mumbai. | Photograph: Indranil Mukherjee/AFP/Getty Images
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