| Press Release
ICICI Bank launches the
100th ATM in Mumbai
ICICI Bank announced today
that it has launched its 100th ATM (Automated Teller Machine) in Mumbai.
The machine has been installed in its branch at Nariman Point. With this
installation, ICICI Bank now has a network of 574 ATMs spread over 54
cities in India, making it the largest ATM network by any Bank in the
country.
As the usage levels at ATMs
keep pace with the growth of the network, ICICI Bank continues to focus
attention on newer functionalities that will enable the ATM network to
be a key tool of its successful customer acquisition and retention strategy.
Except for the historical information contained
herein, statements in this News Release which contain words or phrases such
as 'will', 'would', 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 and ICICI's Group's ability to obtain statutory and regulatory approvals
and to successfully implement our ATM strategy, as well as other risks detailed
in the reports filed by us with the United States Securities and Exchange
Commission. The Bank undertakes no obligation to update forward-looking
statements to reflect events or circumstances after the date thereof.
For further press queries,
please contact Madhvendra Das at (+9122) - 653 6124 or e-mail: das@icici.com.
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