Recently there was news on TV in Kerala(ASIANET - Kannadi) of a man who took loan from ICICI. After some days he was taken as a’guarantee’ for loans by ICICI for people all over India without his knowledge. He could not transfer his loans to another bank since some of the guys for whom ICICI made him as a guarantee just didn’t pay up. The ICICI goondas started harassing him for all the people who defaulted on their loan payment. ICICI is a fraud bank. Never go for it. In fact don’t even look to its direction.
ICICI is just another proof that we Indians are generally dumb, I really don’t understand what is so good about ICICI that it remains crowded. ICICI is definitely one of the worst private banks now. ICICI stinks. Don’t go for New-Age banks. They are cheats. They are American tactics to screw up customers off their money.