Released on: June 27, 2008, 1:32 am

Press Release Author: ICICI Bank

Industry: Financial

Press Release Summary: ICICI Bank launches Global Indian Account. This account is
for Indians, moving to UK, US and Canada for work, study or immigration.

Press Release Body: Mumbai: ICICI Bank, India's second largest bank, announces the
launch of the
"Global Indian Account" facility. This facility, the first of its kind in India,
addresses the comprehensive banking needs of Indians moving overseas. These
customers, prior to their departure from India, will have a bank kit comprising the
host country bank account, debit card and internet banking deliverables, subject to
regulatory requirements.

The Global Indian Account facility will be available for Indians moving to UK, US
and Canada for work, study or immigration. Customers will have the opportunity to
complete the documentation required for the host country account in India itself.
Along with this account, they would also get a non-resident rupee account in India,
which would facilitate instant money transfers between their host country account
and their India account. This would help them manage their India banking
requirements when away from India.

Mr. Sonjoy Chatterjee, Executive Director, responsible for Corporate & International
Banking, at ICICI Bank Limited said, "We are leveraging on our international
presence to offer a seamless banking service to Indians moving overseas, with access
to local banking facilities from the time they enter that country".


About ICICI Bank Ltd

ICICI Bank Limited (N Y S E : I B N) is India\'s largest private
sector bank and the second largest bank in the country, with consolidated total
assets of $115 billion as of December 31, 2007. ICICI Bank's subsidiaries include
India's leading private sector insurance companies and among its largest securities
brokerage firms, mutual funds and private equity firms. ICICI Bank's presence
currently spans 19 countries including India.



Web Site: http://www.icicibank.com

Contact Details: Mr Charudatta Deshpande
Head - Corporate Communications,
ICICI Bank Ltd
Mumbai, India
Phone: +91 22 26538208
E-Mail: charudatta.deshpande@icicibank.com