ICICI Bank

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.

ICICI Bank
FormerlyIndustrial Credit and Investment Corporation of India (as a Government Organization)
Company typePublic
Traded as
ISININE090A01021
IndustryFinancial services
Founded5 January 1994 (1994-01-05)
Headquarters
Mumbai , Maharashtra, India, (Registered Office at Vadodara, Gujarat)
Number of locations
5,900 (March 2023)
Area served
Worldwide
Key people
  • Girish Chandra Chaturvedi (Chairman)
  • Sandeep Bakhshi (MD & CEO)
Products
Revenue 186,178.80 crore (US$23 billion) (2023)
53,196.39 crore (US$6.7 billion) (2023)
Net income
34,036.64 crore (US$4.3 billion) (2023)
Total assets 1,958,490.50 crore (US$250 billion) (2023)
Total equity 214,497.80 crore (US$27 billion) (2023)
Number of employees
130,542(2022)
SubsidiariesICICI Prudential Life Insurance
ICICI Prudential Mutual Fund
ICICI Lombard
ICICI Securities
ICICI Direct
ICICI Home Finance Company
Capital ratioTier 1 16.97% (2022)
Rating
  • S&P BBB-/Stable
  • Moody's Baa3/Stable
  • Fitch BB+/Stable
Websitewww.icicibank.com

This development finance institution has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries. 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 and South Africa; 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. 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”.

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