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Mumbai, April 18

All branches of Sangli Bank will function as branches of ICICI Bank from April 19, said the Reserve Bank of India in a notice on Wednesday, sanctioning the scheme of amalgamation of Sangli Bank with ICICI Bank. Shareholders of ICICI Bank had approved the merger in January this year. With the merger, ICICI Bank gets to add 192 branches to its existing network of more than 700 branches.

More Stories on : Mergers & Acquisitions | ICICI Bank Ltd | Private Banks

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