ICICI Bank Ltd.

ICICI Bank, the country’s largest private sector bank's, Doha branch licence has been upgraded to Category I by the Qatar Financial Centre Regulatory Authority (QFCRA). Pursuant to this, the bank can now accept deposits and provide credit to business customers as per the QFCRA rules.

Besides, the Treasury and Forex related activities are also permissible under the new licence. The above services are in addition to arranging of deals in investment for private banking clients which is currently offered under the Category IV licence.

Recently, the bank had launched ‘Pockets by ICICI Bank’, an application that enables its customers to carry out a slew of banking services on the social media site, Facebook.