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Macr Project
Macr Project
Bank to BankTech refers to the digital and technological transformation of the Bank. At ICICI Bank,
technology is being integrated into every aspect, from delivering value to customers to optimising
internal operations. We believe this would enable the Bank to be responsive to the dynamic
preferences of customers while strengthening our vision to be the trusted financial service provider
to customers. The Bank recognises the need for an effective technology architecture that facilitates
faster transactions, is ubiquitous, enables decision-making and creates value proposition for every
customer. We are investing in strengthening our technological capabilities, with key priorities being
technology platforms, embedded banking, cloud adoption and data platforms and analytics.
> Boards of the banks have to play a crucial role in the process. It may be ensured that the decision
of merger should be approved by two third majority of the total Board members and not those
present alone. However, in view of the importance of the responsibility implicit in such merger
decisions, it will be necessary that the directors who participate in such meetings are signatories to
the Deeds of Covenants as recommended by Ganguly Working Group on Corporate Governance,
forwarded to banks vide our circular DBOD.No.BC.116/ 08.139.001/2001-02 dated June 20, 2002.