• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Advertisement

Mumbai Feb 20 ICICI Bank has tied up with Sarovar Hotels to launch a co-branded credit card. Customers can use the card to get 30 per cent discount on room tariffs at select Sarovar hotels and 15 per cent discount at Sarovar restaurants.

ICICI Bank hopes to maintain 20-25 per cent growth in credit business this year and sees no slowdown following the RBI's mandate for increased provisioning on credit card receivables, said Mr Sachin K. Khandelwal, Heads - Cards Product group, ICICI Bank.

The bank has around 7 million credit card customers and enjoys a market share of around 35 per cent.

Sarovar Hotels has around 36 hotels across the country and 20 properties under development.

More Stories on : Credit Cards & Debit Cards | Strategy | Alliances & Joint Ventures | ICICI Bank Ltd | Hotels

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee slips around 4 paise

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line