2. Corporate history
• ICICI Bank was established by the Industrial Credit and Investment
Corporation of India, an Indian financial institution, as a wholly
owned subsidiary in 1954. The parent company was formed in 1955
as a joint-venture of the World Bank, India's public-sector banks and
public-sector insurance companies to provide project financing to
Indian industry. The bank was initially known as the Industrial Credit
and Investment Corporation of India Bank, before it changed its name
to the abbreviated ICICI Bank. The parent company was later merged
with the bank.
3. Profile
• Type – Public
• Industry - Banking, Financial services
• Founded – 1954
• Headquarters – Mumbai, India
• Key people – K.V. Kamath, & Chanda Kochhar
4. Introduction
• ICICI Bank is an Indian multinational bank and financial services
company headquartered in Mumbai. It is the second largest bank in
India by assets and third largest by market capitalization. The Bank
has a network of 3,514 branches and 11,063 ATM's in India, and has a
presence in 19 countries.
• CICI Bank launched internet banking operations in 1998.
5. Products of ICICI Bank
• Credit cards, Consumer banking, Corporate banking, Finance and
Insurance, Investment banking, Mortgage loans, Private banking,
wealth management.
6. Objectives
• ICICI Bank’s Green initiative is to make healthy environment in the
organization i.e.; to create intrapersonal skills among the customer
and understanding between employees of the organization
7. Corporate Social Responsibility
programs for Elementary Education
• Read to Lead is an initiative of ICICI Bank to facilitate access to
elementary education for underprivileged children in the age group of
3–14 years including girls and tribal children from the remote rural
areas
