I want to share my experience with ICICI Bank.
Recently I have observed that they have deducted Rs.927 from my savings account. When I enquired, I came to know that they have increased the minimum balance to Rs10000 and as my average balance was less so they have deducted the QAB fees. But, they are saying that they sent this information through ordinary post to its customers. As most of the customers are not receiving the communication, their money is stolen by ICICI bank as QAB Fees.
So, due to the Sub Prime Crisis, ICICI Bank is really struggling for existence. They are increasing liquidity by forcing the customers to keep more money with them and by charging different types of unethical Fees. So, please stay away from ICICI bank which is badly hit by the Sub prime Crisis.
Please inform your friends also to be aware of ICICI Bank.
Regards,
Suddhasil Ghosh