ICICI Bank
Indian private sector bank / From Wikipedia, the free encyclopedia
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara. It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Formerly | Industrial Credit and Investment Corporation of India (as a Government Organization) |
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Company type | Public |
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ISIN | INE090A01021 |
Industry | Financial services |
Founded | 5 January 1994; 30 years ago (1994-01-05) |
Headquarters | |
Number of locations | 6,523 [1] (March 2024) |
Area served | Worldwide |
Key people |
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Products | |
Revenue | ₹236,037 crore (US$28 billion)[3] (2024) |
₹64,146 crore (US$7.7 billion)[3] (2024) | |
₹44,256 crore (US$5.3 billion)[3] (2024) | |
Total assets | ₹2,364,063 crore (US$280 billion)[4] (2024) |
Total equity | ₹270,032 crore (US$32 billion)[4] (2024) |
Number of employees | 1,35,900 (2024)[5] |
Subsidiaries | ICICI Prudential Life Insurance[6] ICICI Prudential Mutual Fund ICICI Lombard[7] ICICI Securities[8] ICICI Direct[9] ICICI Home Finance Company |
Capital ratio | Tier 1 16.97% (2022)[10] |
Rating | |
Website | www |
ICICI Bank has a network of 6,523 branches and 17,190 ATMs across India, and has a presence in 17 countries.[12] The bank has subsidiaries in the United Kingdom and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China[13] and South Africa;[14] as well as representative offices in United Arab Emirates, Bangladesh, Malaysia and Indonesia. The company's UK subsidiary has also established branches in Belgium and Germany.[15] The Reserve Bank of India (RBI) has identified the State Bank of India, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which are often referred to as banks that are “too big to fail”.[16][17]