‘ICICI STACK for Corporates’

June 18, 2021
Current Context: India’s private sector bank, ICICI Bank launched ‘ICICI STACK for Corporates’.
‘ICICI STACK for Corporates’
  • The ‘ICICI STACK for Corporates’ is a comprehensive set of digital banking solutions for the corporate sector and its entire entities like promoters, group companies, employees, dealers, vendors and stakeholders.
  • The ‘ICICI STACK for Corporates’ solution enables the corporate sector and its associated entities to meet their banking requirements in a seamless manner.
  • The solution allows ICICI Bank to grant customised digital banking services to companies in over 15 leading industries like financial services, IT/ITES, pharmaceuticals, steel etc.
  • It offers a digital banking platform to the corporates and allied partners like channel partners, dealers, vendors, employees, promoters, directors and signatories.
  • The solution offers industry-first features and the solution can further be tailor-made for companies within an industry.
  • Static Part: 
    • HQ of ICICI Bank: Mumbai
    • Tagline of ICICI Bank: Hum Hai Na, Khayal Aapka
    • MD and CEO of ICICI Bank: Sandeep Bakshi
    • The bank was established by the Industrial Credit and Investment Corporation of India (ICICI).

Question: 

Q.1 What is the name of a comprehensive set of digital banking solution launched by ICICI Bank for the corporate sector and its entities in June 2021?
a. ‘ICICI Services for Corporates’
b. ‘ICICI STACK for Corporates’
c. ‘ICICI Digital for Corporates’
d. ‘ICICI STRING for Corporates’

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