On June 15, 2021, ICICI (Industrial Credit and Investment Corporation of India) Bank launched a first-of-its-kind initiative, a comprehensive set of digital banking solutions named – ICICI STACK for corporates and their entire ecosystem including promoters, group companies, employees, dealers, vendors and all other stakeholders.
- Under ICICI STACK, the companies are provided with customised digital banking services in over 15 sectors such as financial services, IT/ITES, pharmaceuticals, steel and their entire ecosystem.
Features of ICICI STACK:
i.It consists of nearly 500 services and the services are tailor-made for companies within an industry.
ii.It has a 24×7 facility and avoids customers visiting a bank branch amidst COVID-19
iii.The 4 main pillars of the ‘ICICI STACK for Corporates:
- Digital banking solutions for corporates
- Digital supply chain management solution
- Banking for employees
- Curated services for promoters and directors
Recent Related News:
In collaboration with the National Payments Corporation of India (NPCI), ICICI (Industrial Credit and Investment Corporation of India) Bank has launched a facility for linking a Unified Payments Interface (UPI) ID with its digital wallet, ‘Pockets’ and became the 1st one in the industry to link e-wallet with UPI Network.
About ICICI Bank:
Establishment – 1955(Incorporated in 1994)
Headquarters – Mumbai, Maharashtra
MD& CEO – Sandeep Bakhshi
Tagline – Hum hai na, Khayal Apka