ICICI Bank Ltd - Company Profile
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ICICI Bank Ltd (ICICI Bank) is a banking and financial services company serving retail, business, corporate and non-resident customers. Its activities include deposit taking, lending, payments, investment services, foreign exchange, trade finance, treasury operations and wealth management. Major products and services include savings and current accounts, fixed and recurring deposits, personal, home, vehicle, education, gold and business loans, credit and debit cards, prepaid and forex cards, insurance, mutual funds, demat and trading accounts, remittances, and import-export finance. The bank serves individuals, families, non-resident Indians, small and medium-sized enterprises, large corporations, exporters, importers, government contractors, real estate developers, and institutional investors. Its services support household banking, payments, investment, property purchases, vehicle financing, business working capital, tax payments, merchant collections and domestic and international trade. ICICI Bank distributes its offerings through branches, ATMs, internet banking, mobile applications, corporate banking platforms, relationship managers, merchant networks and overseas locations across the US, Canada, the UK, Germany, the UAE, Singapore, Hong Kong, China and Bahrain. ICICI Bank is headquartered in Mumbai, Maharashtra, India.
ICICI Bank Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Personal: | Wealth Management | ICICI Bank |
| Deposits/Accounts: | Cash Management | |
| Savings Accounts | Trading Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Regulatory Approval | In September, the company received approval from the Reserve Bank of India to sell its 9.99% stake to Life Insurance Corporation of India. |
| 2026 | New Products/Services | In May, the bank introduced India’s first USD-denominated debit card for Non-Resident Indians. |
| 2026 | New Products/Services | In April, the company enabled biometric authentication on iMobile, allowing fingerprint or facial verification for UPI transactions up to INR5,000. |
Competitor Comparison
| Key Parameters | ICICI Bank Ltd | State Bank of India | HDFC Bank Ltd | Axis Bank Ltd | Bank of Baroda |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Mumbai | Baroda |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Gujarat |
| No. of Employees | 124,029 | 245,131 | 211,178 | 101,337 | 75,515 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sandeep Bakhshi | Chief Executive Officer; Director; Managing Director | Executive Board | 2018 | - |
| Sandeep Batra | Director | Executive Board | 2020 | - |
| Rakesh Jha | Director | Executive Board | 2022 | - |
| Anindya Banerjee | Chief Financial Officer | Senior Management | 2022 | - |
| Anish Madhavan | Chief Compliance Officer | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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