ICICI Bank
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with registered office in Vadodara. It offers a wide range of banking and financial services for corporate and retail customers through a variety of 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) |
|---|---|
| Company type | Public |
| ISIN | INE090A01021 |
| Industry | Financial services |
| Founded | 5 January 1994 |
| Headquarters | |
Number of locations | 5,900 (March 2023) |
Area served | Worldwide |
Key people |
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| Products | |
| Revenue | ₹186,178.80 crore (US$23 billion) (2023) |
| ₹53,196.39 crore (US$6.7 billion) (2023) | |
| ₹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) |
| Subsidiaries | ICICI Prudential Life Insurance ICICI Prudential Mutual Fund ICICI Lombard ICICI Securities ICICI Direct ICICI Home Finance Company |
| Capital ratio | Tier 1 16.97% (2022) |
| Rating | |
| Website | www |
This development finance institution has a network of 5,900 branches and 16,650 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”.