India's ICICI Bank has obtained a license in Qatar, with a focus on private banking services to the wealthy Indian diaspora. The bank is the first Indian lender to receive a license from the Qatar Financial Centre Regulatory Authority, and the new branch will be ICICI's fourth in the Gulf region. ICICI is India's second largest bank with total assets of $67 billion at the end of last year. Qatar regulators said they believed other Indian lenders would soon follow ICICI into the country.