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ICICI Bank dismisses solvency fears

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Uploaded by on Sep 18, 2008

The largest private sector bank in India has assured investors that its profitability, liquidity and solvency remain intact. Speaking exclusively to NDTV, Chanda Kochar, joint managing director of ICICI Bank, said its cumulative overseas exposure is less than 4 per cent of its consolidated assets and the bank has the ability to take any losses, if they arise.

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