ICICI Bank inaugurates its 2000th branch

Ms. Chanda Kochhar, Managing Director & CEO, today inaugurated the 2000th branch of ICICI Bank at Veera Desai Road, Andheri West, Mumbai. ICICI Bank is the first private sector bank to reach this milestone, giving the Bank a wide distribution reach in the country.

Speaking at the occasion, Ms. Kochhar said, “The inauguration of this 2,000th branch signifies our commitment to getting closer to our customers through an enhanced branch network. Our branches are well equipped to address customer needs through a wide range of products and services. Our branches now have dedicated service area for Privilege Banking customers.”

The Bank continues to expand its branch network to enhance its deposit franchise and create an integrated distribution network for both asset and liability products. In conjunction with the expansion in branch network, the Bank continues to invest in its electronic channels namely internet banking, mobile banking, phone banking and ATMs. The Bank has over 5,300 ATMs spread across the country.

About ICICI Bank:
ICICI Bank Limited (NYSE:IBN) is India's largest private sector bank and the second largest bank in the country, with consolidated total assets of over $100 billion at March 31, 2010. ICICI 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 19 countries, including India.

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