ICICI Bank, Country's third largest lender and British Airways have jointly launched a co-branded credit card called 'ICICI Bank British Airways American Express Credit Card' in the market. 

The bank claims that, the card provides one of the fastest ways to earn complimentary flights using a credit card in India. The card will give new and existing members an opportunity to accelerate their BA Miles earnings. 

ICICI Bank said that its strategic alliance with British Airways will introduce cardholders to a superior flying experience with the airline as well as the benefits of the one world alliance. 

British Airways, the full service global airline, provides an exceptional service and high-quality services for its premium customers in India and across the globe. 
The stock of ICICI Bank has plummeted over 35% in past one month because of market rumors that the lender has gone bankrupt. The stock recently touched its 52-week low of Rs 327.

However, after the release of statement from the Indian Government that ICICI Bank is safe from all angles and the rumor against its instability is not correct, the stock comes back on the track.

Rajen Shah, Chief Investment Officer of Angel Broking is of the view that one should stay away from ICICI Bank, especially at this point of time. The stock closed today at Rs 414, down 7% from its previous close.