MoneyWorks4Me

ICICI Bank unveils application for iWatch

23 Apr 2015 Evaluate

ICICI Bank has unveiled an application for iWatch, on expectations that wearable payment solution would pick-up soon. The application will enable customers of ICICI Bank to view their transactions and do limited transactions such pay utility bill and recharge prepaid mobile.

Apple’s iWatch will be on sale on April 24 in UK, US, Australia, Canada, China, France, Germany, Hong Kong and Japan although it is not very clear when the Apple would launch the iWatch in India.

ICICI Bank is India’s largest private sector bank with consolidated total assets of $124.76 billion at March 31, 2014. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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