ICICI Bank 2015 Annual Report Download - page 9

Group has always partnered India in its growth, adapting
itself and building new capabilities as the economy evolved
and new opportunities presented themselves. The Group
continues to be well positioned for the years ahead as India
moves back to a high growth path. The Group’s presence
across the entire spectrum of financial services enables it
to capitalise on the full range of opportunities arising out of
India’s growth. At the same time, it continues to build on
its strength in leveraging technology and is prepared for
the digital revolution sweeping every industry. The Group
will continue to focus on meeting the diverse needs of our
customers across various segments and create sustainable
value for its stakeholders.
With best wishes,
K. V. Kamath
Through the ‘Digital India’ initiative, it is noteworthy that
the Government is focusing on leveraging the power of
technology in many of its endeavours to improve governance,
delivery of services to citizens and ease of doing business.
The accelerating role of technology as a key disruptive force
for change can have a transformational and positive impact.
Across the world, every industry, from retail commerce
to urban utilities like taxi services to financial services, are
being disrupted by technology. A new economy based on
mobile devices is emerging as India becomes the second
largest Internet user base in the world with a 200 million plus
mobile Internet user base that is growing at a rapid pace. We
are seeing the rapid emergence of new technology-based
businesses, driven by entrepreneurs who are capitalising on
the opportunities of this new digital, mobile world.
2015 marks a major milestone for the ICICI Group, as it has
completed 60 years since its founding in 1955. The ICICI
7Annual Report 2014-2015