I think that you are right when you say that ICICI bank is not going to collapse. The regulators are never going to allow that. I hope that after the reserve bank decided to reduce the credit reserve ratio for scheduled banks, the banks are breathing a sigh of relief.
I am happy at least that ICICI is making an effort to reassure depositors, regardless of the fact that the message is standardized and yeah do you think the company should really have a non standardized response to such an important issue?