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ICICI Bank: A Multifaceted Financial Giant ICICI Bank Limited, headquartered in Mumbai with a registered office in Vadodara, stands as a prominent Indian multinational bank and financial services conglomerate. Its expansive portfolio caters to both corporate and retail clients, leveraging diverse de...
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- Company type Private
- Industry Financial services
- Founded 5 January 1955
- Headquarters Mumbai, Maharashtra, India (corporate headquarters) <hr> Vadodara, Gujarat, India (registered office)
- Area served Worldwide
- Key people Pradeep Kumar Sinha (Part-time Chairman), Sandeep Bakhshi (MD &
- Services Consumer banking, Commercial banking, Insurance, Credit cards, Investment banking, Mortgage loans, Private banking, Private equity, Investment management, Asset management, Wealth management, Stockbroking
- Revenue ₹236,037 crore (US$27 billion) (2024)
- Net income ₹44,256 crore (US$5.1 billion) (2024)
- Number of employees 1,35,900 (2024)
- Parent ICICI Bank Limited
- Subsidiaries ICICI Prudential Life Insurance, ICICI Prudential Mutual Fund, ICICI Lombard, ICICI Securities, ICICI Direct, ICICI Home Finance Company
- Website www.icicibank.com
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ICICI Bank history
Last Updated : 05/03/25, 01:33 PM
ICICI: From Development Finance to Global Banking Giant Established in 1955 as the Industrial Credit and Investment Corporation of India, ICICI initially functioned as a government institution, spearheaded by Sir Arcot Ramasamy Mudaliar. A joint venture involving the World Bank and Indian public sec...
ICICI BANK NEWS
Wipro down 8%; Reliance and ICICI Bank top drags
January 20, 2026 5:14 am
All three reported a year-on-year (y-o-y) growth in their revenues in the December quarter.
ICICI Bank’s Q3 net profit falls 4% amid RBI's additional provisions on agri priority sector credit
January 18, 2026 4:27 am
“In case the specific provision was not there, instead of a (-) 4 per cent (dip in net profit), we would have a (+) 4.1 per cent (growth) in PAT,” Sandeep Batra, Executive Director, ICICI Bank, told reporters.
Navi Mumbai to get one of India’s largest radiation therapy centres
October 19, 2025 4:44 pm
The Navi Mumbai facility is part of ICICI Bank’s Rs 1,800 crore commitment to support the Tata Memorial Centre in establishing three cancer care hospitals across the country.
ICICI Bank’s Q2 net profit rose 5.2%
October 19, 2025 2:25 am
The retail loan portfolio grew by 6.6 per cent year-on-year, and comprised 52.1 per cent of the total loan portfolio at September 30, 2025
ICICI Bank lowers minimum balance requirement from Rs 50,000 to Rs 15,000 for new urban customers
August 14, 2025 5:45 am
If a customer fails to maintain the required MAB, ICICI Bank will charge a penalty of 6 per cent of the shortfall or Rs 500 — whichever is lower, according to the bank.
ICICI Bank sharply hikes minimum monthly balance in accounts to Rs 50,000: Check penalty rates for non-compliance
August 09, 2025 12:34 pm
ICICI Bank MAB hike: The hike in MAB by ICICI Bank has been steep in all the locations.
ICICI Bank Q1 net profit up 15.5% to Rs 12,768 cr
July 19, 2025 9:40 pm
The bank wrote off gross NPAs amounting to Rs 2,359 crore in the reporting quarter. The provisioning coverage ratio on non-performing loans was 75.3 per cent at June 30, 2025.
Odisha curbs on HDFC, ICICI and Axis Bank: Pvt lenders under scanner for poor show in govt schemes
June 26, 2025 6:47 am
According to a letter issued by Saswata Mishra, Principal Secretary of the Finance Department, Odisha government, the decision was driven by the banks' "consistently poor performance" in key flagship schemes over the past two financial years, along with "generally unsatisfactory banking parameters".
Punjab de-empanels HDFC bank: lack of cooperation, failed to implement orders
June 11, 2025 10:06 am
The move comes days after Punjab government asked various departments to deposit the money, released to them, back in the state’s treasury to mitigate the fund crunch.
Secret bank accounts, changing mobile numbers: How a Kota bank employee ‘defrauded’ customers of crores
June 07, 2025 1:22 pm
Among the victims was an elderly woman, from whose account Sakshi had allegedly transferred more than Rs 3 crore without her being aware.
