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ICICI Bank

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...

ICICI Bank Overview

ICICI Bank Image Source : Wikipedia
  • 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 &amp
  • 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

Top 10 largest companies in India 2024: Check where does Reliance rank globally

October 14, 2024 12:59 pm

Top 10 largest companies in India 2024: India currently boasts 71 companies on Forbes' Global 2000, up from 55 the previous year, ranking among the top five most represented countries.

P Chidambaram writes: Breaking news

October 07, 2024 1:06 pm

In an essay in a leading newspaper, Mr Kamath warmly applauded the author, Mr Krishnamurthy Subramanian, for “persuasively laying out his underlying theme... that India needs to break free from the pessimistic shackles of the past and set bold targets, underpinned by sound thinking.”

ICICI Bank shares climb over 2% after Q4 earnings

April 29, 2024 12:12 pm

The stock advanced 2.51 per cent to its 52-week high of Rs 1,135 on the BSE. On the NSE, it climbed 2.44 per cent to hit the 52-week high of Rs 1,135.

ICICI Bank posts 17.4% rise in profit, proposes Rs 10 dividend

April 28, 2024 3:39 am

The bank had reported a net profit of Rs 9,853 crore in the year-ago period.

Arrest of Chanda Kochhar, husband by CBI in loan fraud case amounted to ‘abuse of power’: Bombay HC

February 20, 2024 2:39 am

The two were arrested on December 23, 2022 in connection with alleged irregularities in loans provided by the bank to the Venugopal Dhoot-led Videocon Group.

ICICI Bank-Videocon case: Bombay HC confirms interim bail granted to Chanda Kochhar, husband

February 07, 2024 3:50 am

While granting interim bail last year, the HC said the reason to arrest the Kochhars four years after the probe began was ‘not spelt out’ in the arrest memos.

ICICI Bank’s Q3 net up 23.6% to Rs 10,272 crore

January 21, 2024 7:02 am

In Q3 FY24, provisions included Rs 627 crore on investments in Alternate Investment Funds as per the RBI’s December notification

ICICI Bank shares climb over 1% on strong Q2 numbers

October 23, 2023 1:39 pm

ICICI Bank on Saturday reported a 36.08 per cent jump in its net profit at Rs 10,896.13 crore for the September quarter, helped by a sharp decline in provisions and growth in core income.

Sensex plunges 826 pts, Nifty tanks 261 pts to 19,282; all sectors bleed, smallcap indices fall upto 4%

October 23, 2023 4:00 pm

LTI Mindtree, Adani Enterprises, Hindalco, JSW Steel, Adani Ports, UPL, Tata Motors, Tata Steel, TCS, HDFC Life, NTPC, Wipro, Coal India and Grasim were the top losers.

RBI slaps Rs 12.19 crore penalty on ICICI Bank for non-compliance

October 18, 2023 1:01 am

In a separate order, the RBI also imposed a penalty of Rs 3.95 crore on Kotak Mahindra Bank for various violations of rules.