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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
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.
SC questions CBI over not objecting to repeated extension of interim bail to Chanda Kochhar, husband
October 11, 2023 9:09 am
The grounds for arresting the petitioners (Kochhars'), as stated in the arrest memos, are unacceptable and contrary to the reason(s)/ ground(s) on which a person can be arrested, it had said.
Market capitalisation of PSU banks rises by up to 91% in Q3
October 05, 2023 9:37 pm
S&P said India's banks, especially the state-owned lenders, have improved their key performance metrics in recent quarters, preparing them better for a challenging global environment.
IIT Kanpur, ICICI join to fuel startup innovation in India
September 13, 2023 9:26 am
The partnership will focus on supporting incubatees by improving their understanding of foreign trade policies
India's private lenders grab brisk business at the cost of soaring attrition
July 27, 2023 11:53 am
HDFC Bank, India's largest private lender, saw its employee turnover rate over the last year rise to 34%, while Axis Bank was at nearly 35%. Kotak Mahindra Bank's attrition surged to about 50%, with smaller peer Yes Bank in toe at 43%.
ICICI Bank shares gain 1% post June quarter earnings
July 24, 2023 11:34 am
In a regulatory filing on Saturday, ICICI Bank reported a 44 per cent jump in its consolidated net profit for the April-June quarter of 2023-24 to Rs 10,636 crore compared to the year-ago period.
ICICI Bank profit rises 40% to Rs 9,648 cr on higher NII
July 23, 2023 1:33 am
The lender’s net interest margin (NIM) stood at 4.78 per cent in the reporting quarter as against 4.01 per cent in the same period of the previous fiscal. NIM in the fourth quarter of the previous fiscal was at 4.9 per cent.
Videocon-ICICI Bank loan case: Sufficient material to substantiate allegations against Chanda Kochhar, others, says court
July 15, 2023 10:18 pm
The court also considered other evidence including details of the companies involved, loans given by the bank.
After being picked for ICICI top post in Dec 2008, Kochhar planned loans to Videocon: CBI
July 13, 2023 10:31 pm
A special court in Mumbai took cognizance of the CBI chargesheet on Wednesday, and issued summons to the accused to appear before it next month.
