I can't believe that they have actually stopped... and why would they be? Has any bank who has been in to CC business ever stopped giving CC... Never... It can never happen
Searched for any info regarding it couldn't find anything.. But am sure that ICICI are going through patch..
Its like a bank has stopped opening accounts. It can't be possible. May be you have got information regarding any other thing. - Digital -
If it is true then they are shooting themself in the foot. I dont think it is true. What about the existing CC holders then?
Even i can't find any notice regarding same at their CC page icicibank.com/pfsuser/cards/creditcard/cc_home.htm DON.
I don't think they can stop CC, even never. They earn a lot of revenue from it also what abt the customers, I don't think it is possible for a much big bank to do.