ICICI Bank Ltd.

ICICI Bank, India's largest private sector bank and Vodafone India, one of India's leading telecommunications service providers, together have launched 'M-Pesa', a unique mobile money transfer and payment service in Maharashtra. 'M-Pesa' allows the unbanked and under-banked sections of the population gain access to financial services via the mobile phone.

With this service, customers can withdraw and deposit cash from designated outlets, transfer money within India, make payments to recharge, clear the utility bills and for DTH service among others. This service will now be available across 286 Tehsils, 33 Districts through 4080 specially trained authorized agents and across 387 Vodafone exclusive retail stores in Maharashtra.

ICICI Bank is India's largest private sector bank and the second largest bank in the country, with consolidated total assets of $122 billion at December 31, 2012. The Bank’s presence currently spans 19 countries, including India.