Apple chief Tim Cook meets ICICI Bank CEO Chanda Kochhar
American technology giant Apple's chief executive Tim Cook on Wednesday met ICICI Bank's top brass at the country's largest private sector lender's corporate headquarters here.
Cook, whose every meeting is being closely watched here for cues about Apple's business plans in India, walked into the ICICI Bank Towers in the Bandra Kurla Complex business district here and spent over an hour there, sources said.
He met the bank's managing director and CEO Chanda Kochhar and executive directors at a closed-door meeting, they said but refused to divulge what was discussed.
ICICI Bank was among the first to introduce a banking application on the Apple Watch, even before the gadget got launched in the country.
Over the past few years, it has also introduced a slew of other initiatives on the digital front, including a digital wallet, just like the 'Apple Pay' by the tech giant.
Cook's meetings during the four-day maiden visit to India are mostly with top leaders of Indian business houses that offer some opportunity for Apple's businesses.
Early today, Cook met Anant Ambani, son of billionaire industrialist Mukesh Ambani of Reliance Industries group that is on the cusp of hitting the market with a high-speed 4G telecom network. Cook also met also Sunil Sood, who heads the country's second largest telco Vodafone India. Reports suggested he would also interact with the country's largest mobile operator Airtel's top-brass later.
The visit to ICICI Bank comes at a time when there is a huge speculation over how digital and telecom solutions are slated to dominate banking in the future, with experts saying that technology will change the face of a bank.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
08:03 PM IST