Banks struck due to Insurance Claim

Started by Sudhakar, May 31, 2010, 02:52 AM

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Recently there was a plane crash on Mangalore Airport, India.

I heard from few of our Friends & Family saying.

ICICI & another bank was bankrupted due to the Insurance payment for the flight.

Approximately 300.. Crores i Hope.... Not an exact figure. Seems Air India had paid 1.5 or some crore as insurance amount to both the bank last month or so.

Insurance is just a Game . Winners Claim & Looser's Pay Tenures ...


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