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ICICIBANK

ICICI Bank Ltd

Industry: Private Banks

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About ICICI Bank Ltd

Overview

ICICI Bank Ltd is one of the largest private sector banks in India. It was founded in 1994 as a wholly owned subsidiary of the Industrial Credit and Investment Corporation of India (ICICI). The bank has a wide range of products and services, including savings accounts, loans, investments, and insurance. It also has a strong online and mobile banking presence.

History

ICICI Bank was established in 1994 as a wholly owned subsidiary of ICICI. The bank's initial focus was on providing corporate banking services. However, it soon expanded its product offerings to include retail banking, investment banking, and insurance. In 2001, ICICI Bank became the first Indian bank to list on the New York Stock Exchange.

How it operates

ICICI Bank operates through a network of over 5,000 branches and ATMs across India. It also has a presence in over 20 countries around the world. The bank's core competencies include corporate banking, retail banking, investment banking, and insurance.

The future

ICICI Bank is well-positioned for future growth. The bank has a strong balance sheet, a wide customer base, and a diversified product portfolio. It is also investing heavily in technology and innovation.

Conclusion

ICICI Bank is a leading Indian bank with a strong track record of growth. The bank is well-positioned for future growth and is likely to continue to be a major player in the Indian banking sector.

Official Website

https://www.icicibank.com/: https://www.icicibank.com/

Milestones

  • 1994: ICICI Bank is founded as a wholly owned subsidiary of ICICI.
  • 2001: ICICI Bank becomes the first Indian bank to list on the New York Stock Exchange.
  • 2007: ICICI Bank acquires Bank of Madura.
  • 2012: ICICI Bank launches its mobile banking app.
  • 2018: ICICI Bank becomes the first Indian bank to launch a digital bank.
  • Additional information and interesting facts

  • ICICI Bank is the largest private sector bank in India by market capitalization.
  • The bank has over 200 million customers.
  • ICICI Bank is a major player in the Indian stock market.
  • The bank is also a leading provider of financial services to small and medium-sized enterprises.
  • Brands and companies

  • ICICI Bank owns a number of brands, including ICICI Direct, ICICI Prudential Life Insurance, and ICICI Lombard General Insurance.
  • The bank also has a number of subsidiaries, including ICICI Securities and ICICI Bank UK.
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    ICICI Bank Ltd Fundamental Analysis

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    ICICI Bank Ltd Technical Analysis

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