ICICI Bank opens a branch at Domestic Tariff Area in GIFT City
ICICI Bank has set up a branch in the Domestic Tariff Area (DTA) in GIFT City, becoming the first private sector bank to commence operations in DTA. Housed at World Trade Centre (WTC) - GIFT City, the branch is also equipped with an ATM-cum-Cash Recycler Machine (CRM) to offer cash deposit and withdrawal services to customers. The Bank aims to serve the financial requirements of retail customers as well as institutions like schools, hospitals, companies and their employees living and operating in the DTA area of GIFT City.
City Air News
Nov 1, 2023 08:33
0
Gandhinagar: ICICI Bank has set up a branch in the Domestic Tariff Area (DTA) in GIFT City, becoming the first private sector bank to commence operations in DTA. Housed at World Trade Centre (WTC) - GIFT City, the branch is also equipped with an ATM-cum-Cash Recycler Machine (CRM) to offer cash deposit and withdrawal services to customers. The Bank aims to serve the financial requirements of retail customers as well as institutions like schools, hospitals, companies and their employees living and operating in the DTA area of GIFT City.
Tapan Ray, Managing Director and Group CEO, GIFT City inaugurated the branch in the presence of Mr. Rakesh Jha, Executive Director, ICICI Bank.
Tapan Ray, Managing Director and Group CEO, GIFT City, said, “We welcome ICICI Bank for being the first private sector bank to open its retail branch in the Domestic Tariff Area (DTA) of GIFT City. I am sure the Bank will serve the needs of corporates and people working/ residing within GIFT City, living up to the high standards of service delivery, making the ecosystem at GIFT City even more vibrant.”
Speaking at the inauguration, Rakesh Jha, Executive Director, ICICI Bank said, “We are delighted to announce the launch of our new branch in Domestic Tariff Area (DTA) of GIFT City. GIFT City plays an important role as it has become a gateway for Indian businesses to connect with the world and global businesses to participate in India’s fast-growing economy.
We have been offering banking solutions for corporate banking, capital markets, treasury, NRI banking, and the start-up ecosystem through our branch in IFSC GIFT City since 2016. The new branch in DTA complements the IFSC branch by serving the banking needs of the entire ecosystem of the GIFT City. It includes personal banking requirement of people working in GIFT City as well as transaction banking needs of various businesses in the ecosystem.”
