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Last updated: 07 Jul, 2016  

ICICI Bank Organizes Fifteen Coin Exchange Melas in Lucknow

NewsVoir | 01 Jul, 2016
ICICI Bank Ltd, India's largest private sector bank, organized fifteen coin exchange melas at its various branches in Lucknow. These melas were held at its branches in Sarojini Nagar, Vikas Nagar, Sitapur Road, Aminabad, Gomti Nagar Extension, Faizabad Road, Naka Hindola, Chowk, Vibhuti Khand, Jankipuram, Vivek Khand, Indira Nagar, Nadan Mahal Road, Maha Nagar and Hazratganj. The melas took place under the guidance of the Reserve Bank of India.


Mr. R P Singh, Deputy Gen Manager, Reserve Bank of India, inaugurated the event at Hazratganj branch.


The Bank periodically organizes coin exchange melas to offer free facility of exchanging acceptable soiled and mutilated currency notes with fresh currency and coins to the general public. They are much-awaited events that receive an overwhelming response from people from all walks of life. Anyone can avail of this facility free of cost.


The coin melas saw participation of over to 600 people, where they exchanged coins worth Rs. 6 lakhs in the denomination of Rs.10, Rs.5, Rs.2 and Re.1. The Bank exchanged fresh currency worth Rs. 35 lakhs at these places in denominations of Rs 100, Rs 50, Rs 20 and Rs 10.


ICICI Bank has 4450 branches and 13766 ATMs spread across the country at March 31, 2016.  It has around 250 branches and over to 1100 ATMs across the state, along with one fully automated ‘Touch Banking’ branch in Lucknow, which is available 24x7 on all days.


ICICI Bank services its large customer base through a multi-channel delivery network of branches, ATMs , call center, internet banking (, mobile banking, banking on Facebook & Twitter and ‘Pockets by ICICI Bank’ the country’s first digital bank on mobile.


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 About ICICI Bank Ltd.

ICICI Bank Ltd (NYSE:IBN) is India’s largest private sector bank with consolidated total assets of US $138.67 billion at March 31, 2016. ICICI Bank's subsidiaries include India's leading private sector insurance companies, securities brokerage firms, mutual funds and private equity firms. ICICI Bank’s presence currently spans 17 countries, including India.


Except for the historical information contained herein, statements in this release, which contain words or phrases such as 'will', 'would', etc., and similar expressions or variations of such expressions may constitute 'forward looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. All reference to interest rates, penalties and other terms and conditions for any products and services described herein are correct as of the date of the release of this document and are subject to change without notice. The information in this document reflects prevailing conditions and our views as of this date, all of which is expressed without any responsibility on our part and is subject to change. In preparing this document, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. ICICI Bank and the "I man" logo are the trademarks and property of ICICI Bank. Any reference to the time of delivery or other service levels is only indicative and should not be construed to refer to any commitment by us. The information contained in this document is directed to and for the use of the addressee only and is for the purpose of general circulation only.


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