ICICI Bank, India's largest private sector bank, on Tuesday organised a coin exchange mela at its Malav Parisar branch in Indore under the guidance of the Reserve Bank of India. This was the bank's 100th coin exchange mela in the state in FY 2015. Hemant Soni, general manager (Issue Department), Reserve Bank of India, Bhopal inaugurated it.
The bank organises coin exchange melas to offer free facility of exchanging acceptable soiled and mutilated currency notes with coins to the general public and is a much-awaited event that receives an overwhelming response from people from all walks of life. Anyone can avail of this facility free of cost.
The event saw participation of more than 100 customers where the branch exchanged coins over Rs 1.5 lacs in the denomination of Rs 10, Rs 5, Rs 2 and Rs 1.
ICICI Bank currently has 3,815 branches, the largest branch network among private sector banks in the country and 11,739 ATMs (at Sept. 30, 2014). In Indore, it has close to 20 branches, one Touch Banking branch and more than 70 ATMs.
The bank has more than 170 branches, close to 350 ATMs along with 3 Touch Banking branches in Madhya Pradesh. The bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center, internet banking and banking on Facebook and Twitter.
Shares of the bank declined Rs 7.25, or 1.89%, to trade at Rs 376.60 at the BSE (9.36 a.m., Thursday).