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ICICI Bank Launched Digital Banking Solution for Corporates – ‘ICICI STACK’

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ICICI Bank launches 'ICICI STACK for CorporatesOn 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