Private lender ICICI Bank announced the launch of ‘ICICI STACK for Corporates’, a comprehensive set of digital banking solutions for corporates and their ecosystem including promoters, group companies, employees, dealers, vendors and all other stakeholders.
The bank has opened eight ecosystem branches to support the digital efforts of the bank-- five in Mumbai and three in the National Capital Region (NCR). It plans to launch another four in this financial year. These branches are full service centers that house multi-functional teams.
Vishakha Mulye, Executive Director, ICICI Bank said, “In an increasingly competitive and dynamic environment with rapid digital transformation impacting every industry, corporates look towards a banking partner, which can offer the breadth and depth of solutions for the entire ecosystem. With an objective to cater to the ecosystem of every corporate, we have launched a digital ‘ICICI Stack for Corporates’ with many industry first features..
What ‘ICICI STACK for Corporates’ offers:
It provides customised digital banking services to companies in over 15 leading industries-- such as financial services, IT/ITES, pharmaceuticals, steel to name a few-- and their entire ecosystem.
Along with the Bank’s digital platforms, these services can further be tailor-made for companies within an industry.
The four main pillars of the ‘ICICI STACK for Corporates’ are:
(1) digital banking solutions for companies;
(2) digital banking services for channel partners, dealers and vendors;
(3) digital banking services for employees;
(4) curated services for promoters, directors and signatories.
