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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
What is the Chanda Kochhar case, and why has the CBI arrested her?
December 26, 2022 12:34 pm
Chanda Kochhar, the former ICICI bank CEO-MD, and her husband, Deepak Kochhar, have been sent to three-day CBI custody in a loan fraud case. Do you know what the case is all about? We explain.
Videocon loan case: CBI to produce ICICI Bank's ex-CEO and MD Chanda Kochhar, her husband at Mumbai Special Court
December 26, 2022 2:01 pm
Sources said the agency is likely to move at a swift pace to file the first charge sheet in the case, in which the Kochhars could be named along with Venugopal Dhoot of Videocon Group.
Indian banks raise $2 billion via infrastructure bonds in two weeks
December 09, 2022 6:10 pm
Two private lenders and one state-run bank have tapped the market to raise funds using these bonds in this period. Last week, the nation's largest lender State Bank of India raised 100 billion Indian rupees ($1.22 billion) in the largest such issue.
Bombay HC refuses interim relief to Chanda Kochhar in plea against ICICI Bank on retirement dues
November 15, 2022 1:44 pm
Bombay High Court holds Chanda Kochhar’s termination valid, restrains her from dealing with 6.9 lakh shares.
At Rs 7,558 cr, ICICI Bank’s Q2 net profit jumps 37%
October 23, 2022 8:45 am
On a consolidated basis, the lender’s net profit increased by 31 per cent year-on-year to Rs 8,007 crore from Rs 6,092 crore in the second quarter of FY2022.
Banks launch offers to attract customers, boost credit growth amid rate cycle uptrend
October 16, 2022 3:43 am
Bank credit grew at 16.4 per cent to Rs 126.3 lakh crore in the fortnight ended September 23, 2022.
Bank employee, aide get 7-year jail for siphoning off money
July 29, 2022 3:45 am
According to the probe, Bappaditya Biswas, the ICICI Bank employee, changed the registered mobile number and email ID of the Chennai-based customer, got a duplicate debit card and misappropriated money from his account with the help of Samiran Saha
ICICI Bank shares rise over 2 pc after June quarter earnings
July 25, 2022 12:26 pm
ICICI Bank on Saturday reported a 55.04 per cent jump in its June quarter consolidated net profit to Rs 7,384.53 crore, helped by a sharp reduction in provisions and the core interest income continuing to be strong.
ICICI Bank Q1 net rises 50%; NPAs, provisions decline
July 25, 2022 7:52 am
Interest income too increased to Rs 23,671.54 crore during the reported quarter from Rs 20,383.41 crore in the year-ago period.
Credit card spend crosses Rs 1.13 lakh Cr in May: RBI data
June 28, 2022 10:50 pm
The latest data from the Reserve Bank of India (RBI) showed that 7.68 crore credit card holders spent about Rs 71,429 crore for buying online, while the amount was spent through swipes at Point of Sale (PoS) machines stood at Rs 42,266 crore in May.
