oh boy, rub it in that I am still a corporate slave :/
That makes two of us (kind of). I am (happily) on commission, though not technically employed by a company.
i think this recent policy change is across a few banks and not just icici. Citi is not issuing new credit lines to self employed as well.
That makes no sense - I believe "retarded" is the appropriate technical term. Whilst I see the risk there is with certain entrepreneurs (small-time, suspect etc) there must be something more to it, like self-employed with income above a certain amount or something. A blanket ban seems, well, retarded.