Table of Contents

ICICI Bank- Financial Information

Updated on June 5, 2023 , 50576 views

Industrial Credit and Investment Corporation of India (ICICI) Bank Limited is an Indian multinational banking and financial services company. It has its corporate office in Mumbai, Maharashtra and was established on 5th January 1994. The banks have 5275 branches and 15,589 ATMs across India. It has a brand presence in 17 countries worldwide.

Its subsidiaries are present in the UK and Canada and its branches in USA, Bahrain, Singapore, Qatar, Hong Kong, Oman, Dubai International Finance Centre, China and South Africa. ICICI bank also has representative offices in the United Arab Emirates, Malaysia, Indonesia and Bangladesh. It’s UK subsidiary has branches in Germany and Belgium.

In 1998, ICICI bank launched internet banking services and in 1999 it became the first Indian company and the first bank to be listed on NYSE. ICICI bank also helped set up the Credit Information Bureau of India Limited (CIBIL).

Particulars	Description
Type	Public
Industry	Banking, Financial services
Founded	5 January 1994; 26 years ago
Area served	Worldwide
Key people	Girish Chandra Chaturvedi (Chairman), Sandeep Bakhshi (MD & CEO)
Products	Retail banking, corporate banking, investment banking, mortgage loans, private banking, Wealth Management, credit cards, finance and insurance
Revenue	Rs. 91,246.94 crore (US$13 billion) (2020)
Operating Income	Rs. 20,711 crore (US$2.9 billion) (2019)
Net income	Rs. 6,709 crore (US$940 million) (2019)
Total assets	Rs. 1,007,068 crore (US$140 billion) (2019)
Number of employees	84,922 (2019)

ICICI Bank Awards

In 2018, ICICI bank won the Celent Model Bank Awards in the Emerging Innovation category. It also won the Best Retail Bank award for India at the Asian Banker Excellence in Retail Financial Services International Awards for the 5th consecutive time. It also won the maximum awards in the same year and the Indian Banks’ Association (IBA) awards.

ICICI Offerings

ICICI Bank offers various services to the public in India and abroad. Mentioned below are some of their services with a brief description. Check their annual revenue here.

Name	Introduction	Revenue
ICICI Bank	Multinational banking and financial services company	Rs. 77913.36 crore (2020)
ICICI Prudential Life Insurance	Provides private Life Insurance services.	Rs. 2648.69 crores (2020)
ICICI Securities Limited	Offers wide Range of financial services, investment banking, retail broking, institution broking, private wealth management, product distribution.	Rs. 1722.06 (2020)
ICICI Lombard General Insurance Company	Provides private-sector non-life insurance	Rs. 2024.10 (2020)

ICICI Prudential Life Insurance

This is a joint venture between ICICI bank and Prudential Corporation Holdings Limited. It was established in 2001 and has been one of the most successful services in the private life insurance sector. It was ranked #1 four times in the most valuable Life Insurance brands in India as per the BrandZ Top 50 Most Valuable Indian Brands 2014, 2015, 2016 and 2017.

ICICI Securities Ltd

It offers a wide range of financial services, investment banking, retail broking, institution broking, private wealth management, product distribution. It has also registered with the Monetary Authority of Singapore and has a branch office there. It is headquartered in Mumbai and has subsidiaries in New York too.

Ready to Invest?
Talk to our investment specialist

ICICI Lombard General Insurance Company

ICICI Lombard is the largest private-sector non-life insurer in India. Customers get services regarding motor, health, crop-/weather, institutional broking, retail broking, private health management and many more.

ICICI Lombard won the ATD (Association of Talent Development) Award for the 5th time in 2017. Among the top 2 companies that maintained their positions in Top 10 that year was ICICI Lombard. It was also awarded the Golden Peacock National Training Award in the same year.

ICICI Securities Primary Dealership Limited

It is the largest dealer in government securities in India. It deals in institutional sales and trading, resource mobilisation, Portfolio management services and research. ICICI Securities Primary Dealership was awarded as Top Bank Arranger Investors’ Choices for Government Primary Issues in India by Triple A Asset.

ICICI's shares is one of the favorites among the investors. The share prices depend on the day-to-day change in the Market.

Mentioned below are share prices as listed on the National Stock Exchange (NSE).

378.90	Pr. Close	Open	High	Low	Close
15.90 4.38%	363.00	371.00	379.90	370.05	378.80

445.00	Pr. Close	Open	High	Low	Close
8.70 1.99%	436.30	441.50	446.25	423.60	442.90

534.00	Pr. Close	Open	High	Low	Close
3.80 0.72%	530.20	538.00	540.50	527.55	532.55

ICICI Lombard General Insurance Company Limited NSE

1,334.00	Pr. Close	Open	High	Low	Close
12.60 0.95%	1,321.40	1,330.00	1,346.00	1,317.80	1,334.25

As on 21st July, 2020

Conclusion

ICICI bank is one among the top 4 banks in India providing leading financial solutions and banking services. Along with other ICICI products, it has established itself as one of the leading banks globally.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.