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ICICI Bank

ICICI Bank

ICICI was formed at the initiative of the World Bank, the government of India and the representatives of Indian industry in 1995, and was promoted in 1994 by ICICI limited, an Indian Financial Institution, and was its fully owned subsidiary. ICICI's shareholding in the bank was brought down to 46% through a public offering of shares in India in fiscal 1998. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses.

At present, ICICI Bank is India's second largest bank with total assets of Rs. 3849.70 billion as on Sept 30th, 2008. The bank has a wide network of 1416 branches and over 4644 ATMs in India, with a global presence in around 18 countries. ICICI Bank offers various services in personal, NRI and business banking areas. In Personal banking segment it offers Loans, Credit Card, Investment, Insurance, Demat, Property and Wealth Management services. The bank is the largest issuer of credit cards in India. While Business Banking services include Corporate Net Banking, Cash Management Trade Services, FX Online, SME Services, Online Taxes and Custodial Services. The equity shares of the bank are listed in India on the Bombay Stock Exchange and National Stock Exchange of India ltd and its ADRs are listed on the New York Stock Exchange.


Products:
  • Current Account
  • Savings Account
  • Deposits
  • Loans
  • Credit Cards
  • Debit Cards
  • DeMat Account
  • NRI Services
  • Investments
  • Insurances