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PANIC STRIKEN: ICICI customers stand in a queue to withdraw money outside an ICICI ATM after rumours of the bank being in financial crises.

PANIC STRIKEN: ICICI customers stand in a queue to withdraw money outside an ICICI ATM after rumours of the bank being in financial crises.

Rumours hammer ICICI Bank stocks, customers panic

ICICI Bank's stock has also been hit hard with the market rife with rumours about the bank being in trouble. Worried customers began withdrawing their savings from the bank even after assurances from the Reserve Bank of India (RBI) and the bank management. As the Sensex bled on Friday, ICICI Bank's stock plunged 26 per cent. SEBI chairman spoke to Network18 gave an open answer when asked about ICICI Bank stock.

UK BAILOUT: The downslide in British economy has been giving 10, Downing Street sleepless nights
BAILOUT TIME: European nations now feel the heat of a global meltdown
BOLLYWOOD IN TROUBLE: Wall Street crisis could also trigger off a host of opportunities for Indian entertainment companies.
STRATEGISTS: Heads of the four European countries attended a summit in Paris.
FENCING OUT TROUBLES: The EU seeks insulation from the collapse of major global banks and the subprime crisis
UNCLOGGING MARKETS: The Bill allows the US treasury department to buy up billions of dollars of mortgage debt.
NOW OR NEVER: The US President has warned that urgent action is required to revive US economy
FLIPSIDE: The unemployment rate is expected to remain at 6.1 per cent.
BAILOUT PLAN APPROVED: This bailout plan will rescue the battered US banking system.
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