31 Groups To Constitute Universal Bank

The ICICI Bank, which will be merged on March 31, 2002 with parent ICICI, will have an organisational structure constituting 31 different groups.

The aim is to build a seamless, integrated organisation following the merger of ICICI, ICICI Personal Financial Services and ICICI Caps with ICICI Bank, where there are minimum number of layers of decision-making and with clear lines of accountability.

With an asset book size of Rs 1 lakh crore, ICICI Bank will be second to State Bank of India in size.

The domestic banking group comprising two key units