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Bank clears air

Ahmedabad, April 11 (PTI): ICICI Bank said today there was no truth in rumours that it was in financial trouble.

The bank’s clarification came after the rumours sent people rushing to ATMs in some parts of Gujarat.

Kalpana Morpariya, the bank’s spokesperson, said the bank was not facing any problem. The bank was sending money to some of the ATMs that had reported shortage of cash, she said. Sources said a report in a vernacular newspaper had caused the alarm.

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