ICICI Bank is planning to expand its retail network by adding 450 new branches in current financial year (FY20). Of these, the bank has made 320 branches operational for customers and in the process, it has crossed the milestone of having 5,000 branches.
Another set of 130 branches will also be customer-ready by the end of the current financial year. With this, the bank has a wide network of over 5,190 branches, extension counters and automated teller machines (ATMs) across the country and nearly half of the branches are in rural and semi-urban areas to facilitate financial inclusion in the country.
ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.
