ICICI Bank
Indian private sector bank / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about ICICI Bank?
Summarize this article for a 10 year old
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.
Formerly | Industrial Credit and Investment Corporation of India (as a Government Organization) |
---|---|
Company type | Public |
ISIN | INE090A01021 |
Industry | Financial services |
Founded | 5 January 1994; 30 years ago (1994-01-05) |
Headquarters | |
Number of locations | 5,900[1] (March 2023) |
Area served | Worldwide |
Key people |
|
Products | |
Revenue | ₹186,178.80 crore (US$23 billion)[3] (2023) |
₹53,196.39 crore (US$6.7 billion)[3] (2023) | |
₹34,036.64 crore (US$4.3 billion)[3] (2023) | |
Total assets | ₹1,958,490.50 crore (US$250 billion)[4] (2023) |
Total equity | ₹214,497.80 crore (US$27 billion)[4] (2023) |
Number of employees | 130,542(2022)[5] |
Subsidiaries | ICICI Prudential Life Insurance[6] ICICI Prudential Mutual Fund ICICI Lombard[7] ICICI Securities[8] ICICI Direct[9] ICICI Home Finance Company |
Capital ratio | Tier 1 16.97% (2022)[10] |
Rating | |
Website | www |
This development finance institution has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries.[12] 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[13] and South Africa;[14] 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.[15] 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”.[16][17]