ICICI Bank Ltd.

India's second largest bank, ICICI Bank is planning to increase its unsecured lending portfolio, which includes personal loans and credit cards. The entity has taken this decision as accessibility of credit bureau reports have made such lending more secured. Since 2008, economic meltdown risk of delinquencies has forced the bank to contract unsecured lending portfolio. Bank's credit cards supply declined to 2.84 million in January 2013, from 2.86 million during the same period last year.

Recently, private sector bank and Vodafone India, one of India’s leading telecommunications service providers, have successfully launched ‘M Pesa’ a unique mobile money transfer and payment service in Kolkata. ‘M-Pesa’ is the trademark of Vodafone.