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Old March 16th, 2016, 07:51 PM
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Default ICICI Bank And Bank Of Rajasthan Merger Details

Hello sir, here Iím looking to get some detail for merger of ICICI bank and bank of Rajasthan? In which date both banks are merged?
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Old March 17th, 2016, 09:29 AM
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Default Re: ICICI Bank And Bank Of Rajasthan Merger Details

ICICI Bank is the Indiaís second largest bank with asset of Rs. 3634 billion.
ICICI has Network of 2528 branches and 6000 ATMs in India.
This ICICI bank is available in 19 countries.
ICICI Banks offers the wide range of banking and financial services to corporate and retail consumers.

The bank of Rajasthan was established as Joint Stock Bank by Mansingka brothers at Udaipur on 8th May, 1943.

Merger of bank of Rajasthan with ICICI bank:

ICICI bank and bank of Rajasthan both bank are get approved the merger on May 23, 2010.
On 12th of August 2010, Alpana Killawala, CGM, department of communication, RBI has published a press release that All branches of Bank of Rajasthan Ltd. will function as branches of ICICI Bank Ltd. with effect from August 13, 2010.

Contact to:

Sony Kuriakose
Newman College - Department of Commerce

M. S. Senam Raju
Indira Gandhi National Open University (IGNOU) - School of Management Studies

G. S. Gireesh Kumar
Nirmala College - Department of Commerce

July 20, 2012

International Journal of Marketing, Financial Services and Management Research, July-September 2012
Answered By StudyChaCha Member
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