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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 to delist ICICI Securities in Rs 5,100 crore shareswap deal
June 30, 2023 3:49 pm
The deal will end ICICI Securities' five-year run as a separately listed company which, as of last week, had seen its stock float barely above its IPO issue price of Rs 520.
ICICI Bank Board gives nod to prosecute its former MD and CEO Chanda Kochhar
June 08, 2023 7:33 am
It is learnt that while the Board has given its go-ahead to prosecute Kochhar, it has said that no wrongful loss was caused to the bank in the loan transaction with Videocon.
ICICI Lombard share price climbs nearly 12% after ICICI Bank approves to raise stake size
May 29, 2023 10:15 am
By 10 am, shares of ICICI Lombard were trading 11.74 per cent higher on BSE, at Rs 1229. Meanwhile, the shares of ICICI Bank were up 0.47 per cent on BSE, trading at Rs 955.
ICICI Bank Q4 consolidated net jumps 27% to Rs 9,852.7 crore
April 22, 2023 4:50 pm
Its total income moved up to Rs 36,108.88 crore in the reporting quarter, as against Rs 27,412.32 crore in the year-ago period.
In a first, ICICI Bank introduces EMI facility for UPI payments
April 11, 2023 1:14 pm
The EMI facility for UPI payments can be availed across a host of categories such as electronics, groceries, fashion apparels, travel and hotel bookings, the private bank said.
Sensex surges 600 pts to scale 61,000-mark; ITC, RIL top gainers
February 14, 2023 4:09 pm
NTPC, UltraTech Cement, L&T, Sun Pharma, Asian Paints and Maruti were among the major laggards.
ICICI Bank net profit up 34% to Rs 8,312 cr
January 22, 2023 12:13 am
The gross non-performing assets (NPA) ratio declined to 3.07 per cent from 4.13 per cent in the same period of the previous fiscal. Net NPAs stood at 0.55 per cent compared to 0.85 per cent at December 31, 2021.
Bombay HC reserves verdict in interim release plea by Chanda, Deepak Kochhar against 'illegal' arrest by CBI
January 09, 2023 12:26 am
A division bench of Justice Revati Mohite-Dere and Justice Prithviraj K Chavan reserved its order on the plea by the two seeking interim release from custody. The court will pass an order in this regard on Monday, January 9.
How did Videocon' Chairman Venugopal Dhoot, one of India’s biggest industrialists, end up in jail?
December 28, 2022 9:27 am
In 2015, Forbes magazine pegged Venugopal Dhoot as the 61st richest person in India and estimated his wealth at around $1.19 billion.
Loan fraud case: Venugopal Dhoot, Chanda Kochhar and husband Deepak sent to CBI custody till December 28
December 27, 2022 2:33 pm
The bank and Chanda Kochhar have been under regulatory scrutiny after The Indian Express first reported on March 29, 2018, that Videocon’s Dhoot provided crores of rupees to a firm he had set up with Deepak Kochhar and two relatives six months after his firm got a Rs 3,250 crore loan from ICICI Bank in 2012.
