1.35 (0.11%) ICICI Bank, India’s largest private sector bank, has opened 51 branches across the country, taking its total branches network to 4050. These new branches will offer the entire gamut of its products including a comprehensive range of deposits, loans and NRI services and locker facilities to cater to different customer profiles and needs. The Bank’s branch footprint covers 2300 locations across the country from Sopore in Jammu & Kashmir to Nagercoil in Tamil Nadu to Naliya in Gujarat and Mokokchung in Nagaland.
Meanwhile, the Bank has also inaugurated its 1000th self-service kiosk for accepting cash at its Santacruz branch in Mumbai. Part of its branch automation strategy, these kiosks enable anyone (account holder or not) to deposit cash in an ICICI Bank account in a completely automated manner with the account receiving instant credit. This is in lieu of filling up pay-in-slip and manual cash deposit at the teller counter. To avail this service, users have to simply use their debit card and pin or enter the account number in the kiosk.
ICICI Bank is India's largest private sector bank with consolidated total assets of $ 124.76 billion at March 31, 2014. The Bank's subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank's presence currently spans 17 countries, including India.