Prime Minister Narendra Modi dedicated the ‘ICICI Digital Village’ to the nation at an event organised to celebrate the ICICI Group’s 60 years of partnering India in its progress. At the function, the bank announced that it has created the ‘ICICI Digital Village’ at Akodara in Sabarkantha district of Gujarat to enable villagers to use technology in various aspects of life including banking, payments, education and healthcare among others. Financial transactions are cashless, text books are paperless, children read books on LED monitors and Tabs, patients can avail the facility of telemedicine and wi-fi connectivity is available across the village. Finance minister Arun Jaitley, governor of Maharashtra C. Vidyasagar Rao and state chief minister Devendra Fadnavis attended the function. Chanda Kochhar, MD & CEO of the bank, said technology has been a defining feature of the group’s strategy in everything and the bank has revolutionised the banking experience for Indian customers by launching electronic channels on a large scale – from ATMs to internet banking.
The digital village initiative has three dimensions. The first dimension is to enhance access to banking and provide seamless banking services, the second is to leverage technology in the social sectors for improvement in the lives of the villagers and the third is to create enabling infrastructure to make technology available, and access and disseminate information.