ICICI Bank announced the launch of ICICI Bank Global Banking-Hello Canada, a banking service for Indians migrated or migrating to Canada.
This service offers a customer the convenience of opening a Canadian Dollar (CAD) Account with ICICI Bank Canada along with an NRI (Non Resident Indian) savings account with ICICI Bank in India. The customer can open both accounts with simplified documentation by visiting his nearest ICICI Bank branch in India only once.
Vijay Chandok, president, ICICI Bank, said "At ICICI Bank, we work towards addressing customer needs to make their lives simpler. Our experience of serving 1.5 million NRIs for over a decade has helped us gain better insight into the needs of the NRI. This service will facilitate the cross-border banking needs of NRIs in an easy and convenient manner."
Shares of the bank gained Rs 51.45, or 3.69%, to trade at Rs 1,445 at the BSE (1.31 p.m., Wednesday).