ICICI Bank, the country's largest private sector bank, is betting big on Touch Banking branches.
In the last year or so, the bank has scaled up the number of its fully-automated Touch Banking branches to 100 in 33 cities across the country.
These branches, which are open on all days 24X7, help customers do real-time cash deposits, withdraw money, deposit cheques and get instant receipts, transfer funds, open fixed deposits and generate bank statements.
It also offers account related information through Internet banking and video conferencing.
The bank, in a statement said, transactions at Touch Banking branches have doubled in the last six months to close to 2 million in Feb, 2014.
Around a lakh new customers transact at these branches every month.
"ICICI Bank will open many such branches in future. It will open new Touch Banking branches not only in big cities but also in small towns," the statement said.
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