Page 19 - Banking Finance October 2023
P. 19

PRESS RELEASE

                                ICICI Bank opens 100th branch in Pune

         ICICI Bank has set up a branch at Baner in Pune, the 100th branch of the Bank in the city. Housed at Pancard Club Road,
         the branch is equipped with an ATM-cum-Cash Recycler Machine (CRM) to offer cash deposit and withdrawal services to
         customers.

         Mr. Rakesh Jha, Executive Director, ICICI Bank inaugurated the branch. Speaking at the inauguration, Mr. Jha said, “We
         are delighted to announce the launch of our 100th branch in the cultural capital of Maharashtra. We trust our customers
         would continue to like our digitally-driven and user-friendly products and services. As the city gears up for the forthcoming
         festive season, we look forward to serve our customers- the individuals, businesses, and corporates to meet their banking
         and financial needs effortlessly.”
         The branch offers a comprehensive range of accounts, including savings and current accounts, trade and forex services,
         fixed and recurring deposits, loans- business loan, home loan, personal loan, auto loan, and gold loan along with remittance
         and card services. The branch also offers banking services to NRI customers. It further provides locker facility at its
         premises. It operates from 9:30 A.M to 3:00 P.M on Monday to Friday and on the first, third, and fifth Saturdays of the
         month.
         The branch also offers Tab Banking facility that provides nearly 100 services at the customer’s place by an employee
         through a tablet device. The services include opening of accounts, Fixed Deposit (FD), raising cheque book request,
         generation of e-statements and change of address, among others.

         ICICI Bank has a network of about 850 branches and 2,900 ATMs and cash recycling machines (CRMs) in Maharashtra.

              India Exim Bank Announces the Winner of the BRICS Economic

                                         Research Citation for 2023

                                                                   Dr. Digvijay Singh Negi was declared the winner of
                                                                   Export-Import Bank of India’s (India Exim Bank’s)
                                                                   BRICS Economic Research Citation 2023, Dr. Negi was
                                                                   handed over the Citation by Ms. Harsha Bangari,
                                                                   Managing Director, Export-Import Bank of India, in
                                                                   the  presence  of  Prof. Mark Swilling, Chairman,
                                                                   Development Bank of Southern Africa (DBSA) and Ms
                                                                   Boitumelo  Mosako, CEO, Development Bank of
                                                                   Southern Africa (DBSA), during the 13th BRICS Annual
                                                                   Financial Forum, hosted by Development Bank of
                                                                   Southern Africa (DBSA) in Cape Town on August 22,
                                                                   2023.
                                                                   The Forum saw the participation of the heads of
                                                                   member development banks of the BRICS Interbank
                                                                   Cooperation  Mechanism  viz.  the  Brazilian
         Development Bank (BNDES); State Development Corporation VEB.RF; China Development Bank (CDB); Export-Import
         Bank of India (India Exim Bank) and Development Bank of Southern Africa (DBSA), along with the New Development
         Bank. The Citation comprises prize money of Indian Rupees 1.5 million (approximately USD 20,000), and a medal.
         Exim Bank’s Occasional Paper titled “Essays on Risk, Insurance and Welfare” based on the Citation winner’s doctoral
         thesis was also released during the Forum at the hands of Ms. Harsha Bangari, Managing Director, Export-Import Bank
         of India, Prof. Mark Swilling, Chairman, Development Bank of Southern Africa (DBSA) and Ms Boitumelo Mosako, CEO,
         Development Bank of Southern Africa (DBSA).


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