Sunday, July 02, 2006

ICICI Card for India

Namaste _/\_ ,
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ICICI is India's largest private sector bank and overall the second largest bank in India. ICICI also has the largest ATM network in India. ICICI was the first one to expand NRI services aggressively followed by CitiBank and SBI. ICICI has tied up with major retailers, airlines and other consumer goods companies in India to issue branded credit cards. In addition to this vast folio of cards, they are the largest issuers of corporate cards in India. However, due to their aggerssiveness their is always co-lateral damage - NPAs. ICICI has higher NPAs compared to HDFC. I will paint ICICI Card in Black & White here.

Jai Hind!

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