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ICICI Bank
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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
ICICI Bank divests stake in ICICI Lombard for Rs 2,250 crore
June 19, 2020 12:15 pm
"Pursuant to the approval of its board, the bank has divested 18,000,000 equity shares of face value of Rs 10 each of ICICI Lombard General Insurance Company," ICICI Bank said in a filing to BSE.
ICICI Bank posts 26% rise in Q4 net, sets aside Rs 2,725 cr for COVID-19-related provisions
May 10, 2020 12:54 am
Gross non-performing assets of the bank fell to 5.53 per cent of advances (Rs 41,409 crore) in Q4 of FY20 from 6.70 per cent (Rs 46,291 crore) a year ago.
Yes Bank revival plan unveiled: Top private banks step in, ban lifts in 3 days
March 14, 2020 11:27 am
The Union Cabinet Friday approved a reconstruction plan for Yes Bank under which SBI will acquire 49 per cent stake and the moratorium on deposit withdrawal and other transactions will be lifted within three days of the notification in the government gazette.
ICICI Bank to invest Rs 1,000 crore in Yes Bank
March 13, 2020 5:23 pm
In lieu of this investment, ICICI Bank will get 100 crore equity shares at a price of Rs 10 per share, under the proposed Scheme of Reconstruction of Yes Bank
To collect Rs 4 crore in coins a month, banker seeks Rs 40 lakh from BEST
March 04, 2020 8:35 am
This means BEST will have to shell out about Rs 40 lakh a month to the bank for collecting and transporting coins valued at Rs 4 crore every month from its 27 depots.
For bank deposits, private are back as the preferred choice over public
February 20, 2020 10:47 am
While HDFC Bank added Rs 1.12 lakh crore, ICICI Bank and Axis Bank added Rs 55,613 crore and Rs 50,998 crore respectively during the six-month period July-December 2019. These three banks accounted for 82 per cent of the deposits raised cumulatively by the eight private banks.
Money laundering case: ICICI seeks recovery of amounts from Chanda Kochhar
January 13, 2020 9:19 pm
The affidavit further said that Kochhar's conduct has caused substantial embarrassment to the bank and all the stake-holders, and has led to an irreparable reputational loss to the bank.
ED attaches Rs 78-cr worth assets of former ICICI chairman Chanda Kochhar, others
January 10, 2020 10:02 pm
The agency seized her Mumbai flat and some properties of her husband's company.
Chanda Kochhar’s writ petition shouldn’t be entertained: RBI in HC
December 19, 2019 1:54 am
The court adjourned the matter for next hearing on January 13, 2020.
How banks stand to benefit from SC's judgment in Essar Steel insolvency case
November 19, 2019 7:54 am
The Supreme Court’s order is being seen as bringing the rigour and momentum back into the IBC as an effective tool to deal with stressed assets in the economy.
