tag:blogger.com,1999:blog-33693245.post2482654843530563723..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: UK bail out planThe Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-33693245.post-69473718951466433662008-10-11T20:52:00.000+05:302008-10-11T20:52:00.000+05:30Hi Sir, I am a 1st year MBA student at IIT Delh...Hi Sir,<BR/> I am a 1st year MBA student at IIT Delhi. I have been a regular reader of the blog. It is really informative and easy to grasp because of the lucid style. <BR/>I wanted to ask about the robustness of the Indian banking system and the Indian banks in these financial crisis. I understand that with CRR and SLR requirements, Indian banks are very well capitalised. Also, as mentioned in the post, the government has promised to infuse capital as and when required. <BR/>However, my question comes in the wake of the recent sentiments against the ICICI bank and its exposure to the sub-prime losses. Inspite of repeated comments from RBI, Fin Min and the CMD of ICICI, the public sentiments remain shaky towards the banks' future. So much so that inspite of my repeated explanations, my Dad is adamant on withdrawing all the amount from the account and put up in a public sector bank. <BR/>If such is the case, what can the bank do to regain confidence among the depositors as frequent comments about the bank's sufficient liquidity dont seem to work.<BR/><BR/>Regards,<BR/>GauravAnonymousnoreply@blogger.com