ICICI Bank unleashes tech-enabled products to enhance retail portfolio

New Delhi: To buck the Covid induced downtrend, lending major ICICI Bank plans to pursue the technology route to expand its retail presence.
Accordingly, the lender has introduced a slew of technology based products for customers, especially for millennial population.
Recently, the private lender launched ‘iMobile Pay’ app which offers payments and banking services to customers of any bank.
ICICI Bank’s Executive Director Anup Bagchi said: “Customers are keen to know if an app can take care of all banking and payments requirements.” “Keeping their demand in mind, we have extended the ambit of our mobile banking app. Now, customers of any bank can link all their bank accounts to this app. It means they can continue to bank with any bank and still use ‘iMobile Pay’ for all their digital transactions.” “Also, they can undertake all transactions, which they were so far doing through a gamut of payments app, through this app.”