#1
May 13th, 2016, 12:37 PM
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ICICI Bank Amalgamation With Bank Of Rajasthan
Hello sir I want to know about the Icici Bank Amalgamation With Bank Of Rajasthan can you please provide me the details concerning the same ??
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#2
May 13th, 2016, 12:38 PM
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Re: ICICI Bank Amalgamation With Bank Of Rajasthan
As you want to know about the Icici Bank Amalgamation With Bank Of Rajasthan ICICI Bank Ltd, India's biggest private sector bank, welcomes all existing customers of Bank of Rajasthan (BoR). The Reserve Bank of India (RBI) approved the merger of Bank of Rajasthan with ICICI Bank Ltd. All branches of BOR will function as branches of ICICI Bank. The boards of both the banks on May 23, 2010 accepted the merger for a share exchange ratio of 25 shares of ICICI Bank for 118 shares of BoR. Customer expediency has always been hallmark of ICICI Bank's Khayaal Aapka promise. Subsequent to the merger of BoR and ICICI Bank, we have ensured that previous BoR customers avail the benefits as available to all ICICI Bank customers. Some of the benefits are: Large distribution network of 4,050 branches and 12,921 ATMs as on date 24X7 banking through Internet and Mobile Banking Suite of products and services to meet all your Banking requirements As we continue our journey of ornamental your banking convenience, we would like to inform you that the minimum Monthly Average Balance (MAB) obligation and other product features of your account will be aligned to the equal available ICICI Bank Savings/Current Account alternative effective January 1, 2016. |