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ICICI Bank inaugurates new branch at Trunk Road in YSR district

ICICI Bank branch openingICICI Bank branch opening
ICICI Bank branch opening

ICICI Bank branch opening

ICICI Bank has more than 150 branches and over 360 ATMs in Andhra Pradesh

ANDHRA PRADESH, YSR District, 12 August 2019, (GPN): ICICI Bank inaugurated a new branch at Trunk Road in YSR district (formerly known as Kadapa), Andhra Pradesh. The branch offers locker facility and an in-branch ATM which is available 24X7.

Shri C. Hari Kiran, IAS, District Collector and Magistrate, inaugurated the branch.

Mr. Prasanth Bondili, Zonal Head – Retail, Andhra Pradesh and Telangana, ICICI Bank said, “ICICI Bank is committed to provide world class banking services and innovative products to its retail customers. We believe that a wide branch network is a cornerstone of retail banking. This branch is located in the market vicinity and will cater to traders, merchants, residential & commercial complexes, government organisations, schools, colleges and hospitals present in the area. This branch will enable the customers of the locality with their day-to-day banking needs and also form a focal point for a range of products & services like mortgages, other loans and investments. “

The branch will remain open from 9:30 am to 3.00 pm Monday to Friday as well as on the first, third and fifth Saturdays of the month.

The branch will offer a comprehensive range of retail products and offerings like accounts, deposits, mortgages and loans like auto, personal, home and commercial equipment. The branch will also offer banking services to NRI customers. ICICI Bank has 4,874 branches and 14,987 ATMs spread across the country at March 31, 2019. It has more than 150 branches and over 360 ATMs in Andhra Pradesh.

ICICI Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center, internet banking (www.icicibank.com) and mobile banking. For updates, visit www.icicibank.com, follow us on www.twitter.com/ICICIBank.

About ICICI Bank: ICICI Bank Ltd (BSE: ICICIBANK, NSE: ICICIBANK and NYSE:IBN) is a leading private sector bank in India. The Bank’s consolidated total assets stood at Rs.1,250,472 crore at June 30, 2019. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms. It is present across 15 countries, including India.

Certain statements in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking statements intended to qualify for the ‘safe harbor’ under applicable securities laws including the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These risks and uncertainties include, but are not limited to statutory and regulatory changes, international economic and business conditions; political or economic instability in the jurisdictions where we have operations, increase in non-performing loans, unanticipated changes in interest rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov .Ends

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

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