ICICI Bank will open full-fledged branch in Mauritius

ICICI Bank, India’s second-largest lender is expanding its branch network globally. Bank is planning to open a full-fledged branch in Mauritius.

According to senior official of the Finance Ministry, bank is planning to open an office in the country. The official said, yet no decision has been taken in this regard, it is at very preliminary stages.

At present in Mauritius bank has a wholly-owned asset management subsidiary called ICICI International Ltd.

Bank also has a jointly-controlled asset management firm called TCW/ICICI Investment Partners LLC, in this bank holds 50percent stake.

ICICI Bank branches are operating in 18 countries all over the world currently bank has a network of 2,044 branches and about 5,546 ATMs in India.

Bank is having subsidiaries in the United Kingdom, Russia and Canada and branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre.

Apart from this, bank representative offices are operating in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia.

Moreover the UK subsidiary has set up branches in Beligum and Germany.

ICICI Bank launches Hindi version of its website

ICICI Bank has launched Hindi version of its website. After launching the website in Jaipur, bank chief executive and managing director, Chanda Kochhar, said, “We have launched the Hindi version of the personal banking pages on our website to offer our customers the power to use technology for convenient banking.”

In August after the Reserve Bank of India approval merger of Bank of Rajasthan (BoR) with ICICI Bank has completed therefore ICICI added 458 branches and over 20-lakh customers, the launch of Hindi website will be of great help to many bank customers.

According to ICICI Bank release its English website is among the 10 most visited banking and financial website of the world.

The Hindi website will also provide the information of entire range of banking services like money transfer, bill payment, open fixed deposits and placing requests for different types of services, it added.