News Release

Send Money to India with ICICI Bank Canada for the Chance to Win a BMW and Other Amazing Prizes

TORONTO, August 6, 2010 – ICICI Bank Canada announced today that for a limited time, individuals who use the Bank to transfer money to any bank in India will have a chance to win great prizes.

Customers who transfer C$500 or more will receive a scratch card that gives them a chance to win a brand new BMW 323i Sedan, Sony LCD TVs, HP Laptops and thousands of other prizes. Every contest participant will be eligible to win a prize because every card is a winner. The contest runs between July 23, 2010 and November 22, 2010, and is open to anyone, whether they have an account with ICICI Bank Canada or not.

“Sending money home to your loved ones in India through ICICI Bank Canada is safe, economical and convenient,” said Sriram H. Iyer, President and Chief Executive Officer, ICICI Bank Canada. “This promotion gives our customers one more reason to use ICICI Bank Canada for their money transfer needs.”

ICICI Bank Canada provides a robust money transfer service to individuals sending money to India. Customers can send money to over 90 banks and 50,000 branches in India with low transfer fees and great exchange rates. Account holders can make transfers in any of the Bank’s nine branches or by phone with no cap on the dollar amount, or transfer a maximum of C$3,000/day online. Non-account holders can also send money through ICICI Bank Canada with a maximum of C$3,000/day at one of the Bank’s branches.

“Whether you’re sending money home for family, a business venture or for celebrations like the upcoming Diwali Festival, ICICI Bank Canada can service your money transfer needs,” said Iyer.

This contest is open to all residents of Canada, except residents of Quebec, who are of the age of majority in their respective province of residence. For more information about this offer and for full contest terms and conditions, including details on how to enter without making a money transfer, individuals can visit our web site at icicibank.ca, go to one of our branches or call 1-888-424-2422.

About ICICI Bank Canada
ICICI Bank Canada, a wholly-owned subsidiary of ICICI Bank Limited, is a full-service direct bank with an asset base of approximately C$5.2 billion as of June 30, 2010, offering a comprehensive suite of personal, commercial and cross-border banking products and services. The Bank is supported by a state-of-the-art electronic banking platform (icicibank.ca), a 24-hour toll-free customer contact centre and proprietary ABMs. It has established its branch network in Ontario (Brampton, Don Valley Parkway, Downtown Toronto, Gerrard Street East, Mississauga and Scarborough), British Columbia (Surrey), and Alberta (Calgary).

ICICI Bank Canada is a member of CDIC. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are insurable under the Canada Deposit Insurance Corporation Act.

About ICICI Bank Limited
ICICI Bank Limited (NYSE:IBN) is India's largest private sector bank as measured by asset base as of June 30, 2010 and the second largest bank in the country with consolidated total assets of over US $100 billion as of June 30, 2010. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank’s presence currently spans 19 countries, including India.

Media enquiries:
Dan Madge
Fleishman-Hillard Canada
416-646-2700
ICICIBankCanada@fleishman.ca