ICICI Bank Ltd., India's largest private-sector lender by assets, said Wednesday it hasn't taken any decision yet on hiving off its automated teller machines and point-of-sales terminal operations.
"Any such decision would have to follow the internal and regulatory approval process, and would be announced if made, after due approvals," Spokesman Charudatta Deshpande said in an emailed statement to Dow Jones Newswires.
Mr. Deshpande said such a transaction, if made, may not have a material impact on the bank's financial statements.
The bank evaluates various options for different areas of its business based on global and Indian trends so that the operations could be made more efficient by transferring them to specialized players, he said.
The ATM infrastructure management and point-of-sales business are of this nature, he added
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