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ICICI to launch 18 new Gramin branches in Punjab and Haryana

Tepla, Haryana, Tue, 06 Aug 2013 NI Wire

ICICI Bank Limited, India’s largest private sector bank, has announced the launch of 18 new Gramin branches across Punjab and Haryana, as part of its financial inclusion plan that aims at providing banking services in unbaked villages.

All these branches have been opened in small villages, which were so far devoid of any banking facility.

According to banking sources, the Tepla Gramin branch is one of the 18 branches the Bank inaugurated in Punjab and Haryana. The other Gramin branch in the same Ambala district is at Matheri. Other branches opened in the states are at Mahama and Sadar Dinwala villages in Firozepur district; Heran and Kullar villages in Ludhiana district; Daboda Khurd and Bhadani villages in Jhajjar district; Kara Sahib village in Kurukshetra district; Kheri, Nilowal, Mojowal and Mauran villages in Sangrur district; Kaureana and Natheha villages in Bhatinda district; Wara Bhaika village in Faridkot district and Jhanda Labana and Jagowal Bet villages in Gurdaspur district.

With these launches, ICICI Bank has opened over 130 rural branches in Punjab & Haryana. The addition of these new branches has increased the network of ICICI Bank in Punjab & Haryana to more than 260 branches.

On the occasion, Vishal Batra, Zonal Head (Rural & Inclusive Banking Group, Punjab & Haryana) of ICICI Bank said, “ICICI Bank recognises and accords great importance to rural and inclusive growth. It is our constant endeavour to provide the entire gamut of financial services in rural and remote areas, which include credit, savings, investments and insurance products. In line with this approach, we have launched 18 Gramin branches, which will provide all basic banking services in unbanked villages, which is a key part of our Financial Inclusion strategy.”


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