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ICICI bank opens Wealth Management branch for HNIs in Odisha

ICICIICICI Bank has inaugurated its new Wealth Management branch in Bhubaneswar, which is a first of its kind by a private sector bank in the state of Odisha, India. It has been designed to offer priority services to the high-net-worth (HNI) customers; and is a one-stop-shop for requirements related to banking, financial and investment.

Sidharatha Mishra, Retail Business Head, East, Andhra Pradesh & Telangana, ICICI Bank said, “ICICI Bank believes in customising its products and services to match the needs of its diverse customer base. In line with this belief, we are delighted to introduce a ‘Wealth Management’ branch, which is also the first such branch in the state.”

He further stated, “The branch has been designed exclusively for the HNI customers and will offer them, tailor-made banking services, customised investments and other financial services– all in an upscale environment. The branch will also extend the services of experienced relationship managers to the customers to further make their experience hassle-free and seamless.”

The branch houses a 24×7 ATM facility, and it also offers locker facility services. ICICI has reported that it launched 16 new branches in the state in the current fiscal. In January, the bank announced the launch of its API Banking portal which enables partner companies to co-create customer solutions in a frictionless manner and in a fraction of the time usually taken for such integration, thereby significantly increasing productivity. The ‘ICICI Bank API Banking portal’ consists of 250 APIs enabling businesses, fintechs, corporates and e-commerce start-ups to partner with the bank.

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