| // 13-09-2009 | Certain malicious and motivated news items have been planted in a section of the media raising doubts on the quality of the portfolio sold by the bank to ARCIL.
A newspaper carried a baseless article on September 13, 2009 suggesting that the Institute of Chartered Accountants of India (ICAI) has asked the Reserve Bank of India to re-audit sale of loans by ICICI Bank to Asset Reconstruction Company (India) Limited (ARCIL).
The management has taken a serious note of such attempts and has lodged a complaint to the Economic Offences Wing (EOW) and other relevant enforcement agencies seeking thorough investigation into the attempt.
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| // 05-04-2009 |
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| // 03-04-2009 |
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| // 27-10-2008 | Oct. 27 (Bloomberg) -- ICICI Bank Ltd., the Indian lender with the biggest losses because of the global credit crisis, may say profit rose 3 percent in the second quarter on higher sales of insurance and mutual funds and more loans.
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| // 11-08-2008 |
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