 | |
| Type | Private |
|---|---|
| Traded as | BSE: 532174 NSE: ICICIBANK NYSE: IBN BSE SENSEX Constituent CNX Nifty Constituent |
| Industry | Banking, Financial services |
| Founded | 1954 |
| Headquarters | Mumbai, India |
| Area served | Worldwide |
| Key people | K.V. Kamath (Chairman) Ms.Chanda Kochhar (MD & CEO) |
| Products | Credit cards, Consumer banking, corporate banking,finance and insurance,investment banking, mortgage loans, private banking, wealth management |
| Revenue |  US$ 13.52 billion (2012)[1] |
| Operating income | US$ 2.12 billion (2012)[1] |
| Profit | US$ 1.60 billion (2012)[1] |
| Total assets |  US$ 98.99 billion (2012)[1] |
| Total equity | US$ 12.62 billion (2012)[1] |
| Employees | 81,254 (2012)[1] |
| Website | www.icicibank.com |
ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai. It is the second largest bank in India by assets and by market capitalzation, as of 2014. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas ofinvestment banking, life, non-life insurance, venture capital and asset management. The Bank has a network of 3,539 branches and 11,162 ATMs in India, and has a presence in 19 countries.
ICICI Bank is one of the Big Four banks of India, along with State Bank of India,Punjab National Bank and Bank of Baroda. The bank has subsidiaries in the United Kingdom, Russia, and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre; and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. The company's UK subsidiary has also established branches in Belgium and Germany.[6]
In March 2013, Operation Red Spider showed high-ranking officials and some employees of ICICI Bank involved in money laundering. After a governmentinquiry, ICICI Bank suspended 18 employees and faced penalties from theReserve Bank of India in relation to the activity.[7][8][9][10][11]
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