The largest private sector lender of the country, ICICI Bank aims to add 400 to 500 branches every year for the upcoming three years along with targetting focus on infrastructure project finance in road and power segements.

"I feel that we have to grow beyond the number of existing) branches... Over the next 2-3 years, we would continue to add branches at the rate of 400-500 per year," ICICI Bank Managing Director and CEO Chanda Kochhar said.

The bank has been in steady pace in increasing its branch network and has posted 30.5% rise in net profits amounting to Rs 1,437 crore for Q3 of this fiscal.

Indicating the expansion plans of the bank, Kochhar said that the bank has not set up even a single branch this fiscal after its acquisition of Bank of Rajasthan.

Talking about the bank's decision to focus in infrastructure financing, she said, "I do feel ICICI Bank will play a major role in infrastructure project finance... As investment takes place in phases like in road and power projects, we move as investment takes place... this is an area of big focus."