Icici Bank

Author
Discussion

JohnRS4

Original Poster:

304 posts

252 months

Sunday 14th February 2010
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Have £50k to put in savings and looking at 2 yr bonds ICICI Bank stands out offering 3.9%. I understand they are covered under the FSC guarantee so anything I should be concerned about? Also would 1 yr be a better bet as if the interest rates rise in 12 months then 3.9% wont look so appealing.

Eric Mc

122,685 posts

271 months

Sunday 14th February 2010
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The initials look eerily reminiscent of the BCCI bank.

Remember what happened to them?