ICICI Bank, India's largest private sector bank, today announced the launch of India's only credit card with a unique transparent design and a distinctive look. The 'ICICI Bank Coral American Express Credit Card' is the latest addition to the Bank's exclusive 'Gemstone Collection' of credit cards.

Rajiv Sabharwal, executive director, ICICI Bank said, ''At ICICI Bank, it is our constant endeavour to deliver innovative, powerful and distinctive value propositions to our discerning customers. We are delighted to launch the 'ICICI Bank Coral American Express Credit Card', the only card in the country with a youthful, transparent design. Aimed at providing significant lifestyle benefits, this card re-affirms our commitment to bring forth innovative services to our customers. We are also introducing a host of exciting privileges including an introductory extended credit period offer and bonus reward points on online transactions. We believe this card will be yet another compelling addition to our Gemstone collection of credit cards.''

Shares of the bank declined Rs 1.3, or 0.37%, to settle at Rs 346.60. The total volume of shares traded was 468,791 at the BSE (Friday).