<p> India’s second-largest lender ICICI Bank will add 400 more branches and expand its ATM network by another 1,000 in the current fiscal to boost business from retail operations.<br /><br /></p>.<p>“We believe that a wide branch network is a cornerstone in retail banking. Keeping this in mind, we plan to add around 400 branches this fiscal. We also plan to expand our ATM network by adding over 1,000 ATMs,” ICICI Bank MD and CEO Chanda Kochhar said.<br /><br />Kochhar said that research done by the bank has shown customers value a wide branch network, and the proximity to one’s home or office plays an important role when customers evaluate a bank with which they want to start a relationship.</p>
<p> India’s second-largest lender ICICI Bank will add 400 more branches and expand its ATM network by another 1,000 in the current fiscal to boost business from retail operations.<br /><br /></p>.<p>“We believe that a wide branch network is a cornerstone in retail banking. Keeping this in mind, we plan to add around 400 branches this fiscal. We also plan to expand our ATM network by adding over 1,000 ATMs,” ICICI Bank MD and CEO Chanda Kochhar said.<br /><br />Kochhar said that research done by the bank has shown customers value a wide branch network, and the proximity to one’s home or office plays an important role when customers evaluate a bank with which they want to start a relationship.</p>