ICICI Bank signs MoU with the Government of Haryana

As per the MoU, the bank will expand its branch network by setting up approximately 100 new branches across Haryana. The bank will also launch a ‘Branch on wheels’, a mobile branch with an ATM, to provide banking services to unbanked villages in the state.

Further, the bank will setup a state-of-the-art branch at Haryana Civil Secretariat, Chandigarh.

Further, ICICI Academy for Skills, an arm of ICICI Foundation for Inclusive Growth, will set up and operate a centre in the state to impart vocational training to underprivileged youth free of cost to help them earn a sustainable livelihood. The centre is expected to train nearly 900  youth annually.

Under this agreement, ICICI Bank and its group companies will invest in Haryana over the next three years by way of various credit instruments.

Rajiv Sabharwal, Executive Director, ICICI Bank, said: “ICICI Bank is committed to partner with the government of Haryana in its endeavour to drive new growth opportunities, leading to economic progress. We are planning to significantly scale up our operations to support the next phase of growth in the state. This will include setting up of new branches, partnering with the government to offer technology-enabled banking solutions and setting up a skill centre to provide free vocational training to underprivileged youth”.

ICICI Bank currently has an extensive network in the state with 166 branches and 512 ATMs, on December 31, 2015. The bank services its large customer base in the country through a multi-channel delivery network of 4,156 branches, 13,372 ATMs, call center, internet banking (www.icicibank.com), mobile banking, banking on Facebook & Twitter and ‘Pockets by ICICI Bank’, the country’s first digital bank.