ICICI Bank has opened 23 new branches in Tamil Nadu during this fiscal year (FY20). As part of its network expansion plan, the bank plans to open 450 new branches of which 385 have already been set up.
The 23 new branches were set up in places like Chennai, Coimbatore, Tiruppur, Madurai and Kanyakumari. With the setting up of new branches, the total number of branches in Tamil Nadu was 508 and extension counters along with 1,650 ATM networks.
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.
