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ICICI Bank inaugurates 12 new branches in Jammu & Kashmir

September 25, 2013

Srinangar, Kashmir: ICICI Bank Ltd, India's largest private sector bank, today launched 12 new branches in Jammu & Kashmir.
The new branches were inaugurated by Mr. Omar Abdullah, Hon’ble Chief Minister of Jammu & Kashmir and Mr. Kumar Ashish, Retail Business Head (North), ICICI Bank Limited.
The branches will offer the entire gamut of ICICI Bank products including a comprehensive range of deposits, loans and NRI services. Most of the branches will also have Privilege banking as well as locker facilities to cater to different customer profiles and needs.
The branches will remain open for customer transactions from 9:00 am to 6:00 pm on Monday to Friday and 9.00 am to 2.00 pm on Saturday.
Mr. Omar Abdullah, Hon’ble Chief Minister of Jammu & Kashmir who was the Chief Guest at the launch function said, "I congratulate ICICI Bank on the inauguration of their new branches in Jammu & Kashmir. It is very encouraging to see ICICI Bank increase its footprint in this region. I wish the bank personnel all the best and am confident that the people of Jammu & Kashmir will benefit by ICICI Bank’s increased presence here."
Mr. Kumar Ashish, Retail Business Head (North), ICICI Bank said, "Our endeavor has always been to make banking convenient to customers. These new branches are a step in providing the people of J&K enhanced access to the Bank’s world-class services and is in accordance with our "Khayaal Aapka" philosophy of keeping the customer's needs as the focal point of our business."
ICICI Bank has 3,384 branches and extension counters, and over 11,000 ATMs spread across the country. The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center and internet banking (

About ICICI Bank: 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 billion at March 31, 2013. 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 nonperforming 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 please contact:

Mr. Sujit Ganguli
Head, Brand and Corporate Communications
ICICI Bank Limited
Bandra Kurla Complex, Mumbai – 400051

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