Monday, December 23, 2013

ICICI stress on quality in inclusion drive

............The financial inclusion strategy, formulated by managing director and CEO Chanda Kochhar, comes after the private bank achieved huge growth in this area over the past three years. The lender has opened 1.65 crore zero balance basic saving accounts, the most by any private bank in the country and the second-highest in the industry. It has reached out to over 15,000 villages through its branches and business correspondents, an increase of over 20 times in the past three years. During the same period, the bank has opened about 400 branches in unbanked villages........

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