Press Release July 24, 2014
For Immediate Release
ICICI Bank inaugurates a new branch in DLF Cybercity, Hyderabad
• ICICI Bank has over 156 branches in the state of Telangana, including seven Touch Banking branches which are operational round the clock.
Hyderabad, Telangana: ICICI Bank Ltd, India’s largest private sector bank, inaugurated a new branch at DLF Cybercity in Hyderabad. The branch, which is the Bank’s 72nd in the city, is located at Block No:3, Plot no:129-132, APHB Colony, Gachibowli in Hyderabad.
Mr. K R Das, Regional Director, Reserve Bank of India inaugurated the branch. Mr. Maninder Juneja, Senior General Manager, ICICI Bank graced the occasion.
This branch will remain open for customers from 9:00 am to 6:00 pm from Monday to Friday and 9.00 am to 2.00 pm on Saturday. The branch will offer the entire gamut of ICICI Bank products including a comprehensive range of deposits, auto loan, home loan, personal loan, PPF account, FCRA account and NRI services.
ICICI Bank has 3,753 branches and extension counters and 11,315 ATMs spread across the country at March 31, 2014. The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center, internet banking and Facebook banking. (www.icicibank.com).
About ICICI Bank Ltd: 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 US $ 124.76 billion at March 31, 2014. 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.
Except for the historical information contained herein, statements in this release, which contain words or phrases such as ‘will’, ‘would’, etc., and similar expressions or variations of such expressions may constitute ‘forward looking statements’. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. All reference to interest rates, penalties and other terms and conditions for any products and services described herein are correct as of the date of the release of this document and are subject to change without notice. The information in this document reflects prevailing conditions and our views as of this date, all of which is expressed without any responsibility on our part and is subject to change. In preparing this document, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. ICICI Bank and the “I man” logo are the trademarks and property of ICICI Bank. Any reference to the time of delivery or other service levels is only indicative and should not be construed to refer to any commitment by us. The information contained in this document is directed to and for the use of the addressee only and is for the purpose of general circulation only.
For Press Queries:
Sujit Ganguli
Senior General Manager & Head – Corporate Communications and Brand Group
ICICI Bank Ltd.
Mumbai – 51