ICICI Bank opens its 50th branch at Hebatpur Road in Ahmedabad

July 24, 2019

• It houses a 24x7 ATM
• ICICI Bank has close to 350 branches and over 850 ATMs in Gujarat

Ahmedabad: ICICI Bank inaugurated a new branch at Hebatpur Road in Ahmedabad. This is the 50th branch of the Bank in the city. The branch also houses an ATM at its premises, which is available 24X7.

Mr. Kantibhai Patel, Managing Director, Awadh Infrastructure Private Limited and Mr. Shashikant Patel, Partner – Matrubhumi Developers, inaugurated the branch.

Mr. Rajesh Patel, Zonal Head- Retail, Gujarat, ICICI Bank said, “We believe that a wide branch network is a cornerstone of retail banking. The 50th branch in Ahmedabad, is an important milestone in our journey and the wide network in the city is a testimony of our focus to service a wide segment of customers. This new branch will serve the people of the upcoming locality of Hebatpur, which has new residential complexes, commercial center’s and a multi-speciality hospital. 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 4.30 pm on Monday to Friday as well as on the first, third and fifth Saturday of the month.

It will offer a comprehensive range of accounts, deposits and loans including savings and current accounts, term deposits, auto, home, gold, personal and business loans along with credit cards. The branch also offers locker facility and services for NRIs.

ICICI Bank has 4,874 branches and 14,987 ATMs spread across the country at March 31, 2019. It has close to 350 branches and over 850 ATMs in Gujarat.

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.

For media queries, write to: corporate.communications@icicibank.com

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. 1,238,794 crore at March 31, 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 .