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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
Chanda Kochhar to lose Rs 9.82-crore bonus, Rs 221 crore in stock options
July 04, 2020 12:36 pm
An analysis of the stock options granted by the bank to Kochhar over the last nine years shows that the bank gave a total of 94 lakh shares to Kochhar.
ICICI Bank fires boss: hurt and shocked, credit decisions not unilateral, says Chanda Kochhar
January 31, 2019 1:14 pm
Kochhar’s indictment may invite action from the Securities and Exchange Board of India (SEBI) for violation of related party disclosures, experts in securities laws said.
ICICI Bank Q3 net profit drops 2.7 per cent
January 31, 2019 2:20 am
Gross NPA additions decreased from Rs 3,117 crore in the quarter ended September 2018 (Q2-2019) to Rs 2,091 crore in Q3-2019, the lowest in the last 14 quarters.
Videocon loan case: Chanda Kochhar says hurt and shocked after ICICI sacks her
January 30, 2019 10:13 pm
Based on the report, the board of the bank has decided to treat her resignation as ‘Termination for Cause' under the bank's internal policies.
ICICI Bank cheating case: Two days before Jaitley took swipe at CBI, probe officer was shunted out
January 27, 2019 11:39 am
SP Sudhanshu Dhar Mishra, who was part of the Banking and Securities Fraud Cell (BSFC) of CBI in Delhi and signed the Chanda Kochhar FIR on January 22, was transferred to the agency’s Economic Offences Branch in Ranchi the very next day.
CBI FIR against ex-ICICI Bank head, Videocon’s Dhoot: Mrs & Mr Chanda Kochhar booked
January 25, 2019 6:59 am
The CBI has alleged, “the accused (Chanda Kochhar) sanctioned certain loans to private companies in a criminal conspiracy with other accused to cheat ICICI Bank”.
ICICI Bank-Videocon Group loan case: CBI FIR tears into clean chit she got from board
January 25, 2019 7:15 am
The board gave her a clean chit immediately after allegations surfaced in March 2018 saying there was “no question of any quid pro quo/ nepotism/ conflict of interest.”
ICICI Bank hikes MCLRs by 10 bps across tenures
December 04, 2018 5:07 am
MCLRs for other tenures range between 8.55 per cent and 8.75 per cent. The revised rates came into effect on Saturday.
ICICI Bank posts 55.8% fall in profit
October 27, 2018 1:07 am
ICICI bank passed through a turbulent quarter as its former MD and CEO Chanda Kochhar was on leave pending a probe into allegations of impropriety into loans granted to the Videocon Group.
Top law firm withdrew its clean chit to Chanda Kochhar: ICICI Bank
October 24, 2018 12:10 pm
While the bank did not name the law firm, sources confirmed that the board of ICICI Bank had engaged Cyril Amarchand Mangaldas to investigate allegations of nepotism made by a whistleblower pertaining to loans extended by the bank to the Videocon Group.
