From Live Mint

With an eye on ‘India-linked’ business expansion on foreign shores, the country’s top private sector lender ICICI Bank Ltd is all set to start full-fledged branches in China and South Africa in the current fiscal. The bank has representative offices in these two nations and it has now got regulatory approvals to convert them into branches, ICICI Bank’s managing director and chief executive officer (CEO) Chanda Kochhar said. The bank already has branches in the US, Singapore, Hong Kong, Bahrain, Sri Lanka, Dubai and Qatar among others, while it also has got representative offices in the UAE, Bangladesh, Thailand, Malaysia and Indonesia.

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