Friday, 15 May 2015

ICICI Bank to open branch in Shanghai

ICICI Bank has now got the regulatory approvals to open its first branch in Shanghai 

ICICI Bank is set to open its branch in Shanghai, China soon, according to a media report.

The branch is expected to be inaugurated on Saturday by India's Prime Minister Narendra Modi. ICICI Bank's Managing Director and CEO Chanda Kochhar will also be present, the report added.

ICICI Bank already has a representative office in China and it has now got the regulatory approvals to open its first branch in Shanghai, the report added.

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