ICICI Bank

ICICI Bank

Personal information
Full name	ICICI Bank
Company type	Private
Founded	(1991-09-05) 5 January 1955 (71 year ago) Mumbai, India

ICICI Bank Limited is an Indian multinational bank and financial services company.headquartered in Mumbai with a registered office in Vadodara.

ICICI Bank traces its origins to the Industrial Credit and Investment Corporation of India (ICICI), which was established on 5 January 1955 as a government-backed financial institution. It was formed as a joint venture between the World Bank, India’s public-sector banks, and insurance companies to provide long-term project financing to Indian industries. Sir Arcot Ramasamy Mudaliar served as the first Chairman. In 1994, ICICI set up ICICI Bank as a wholly owned subsidiary in Vadodara, marking its entry into commercial banking.
During the 1990s, ICICI transformed from a development financial institution into a diversified financial services group. ICICI Bank expanded rapidly, launching internet banking services in 1998 and becoming the first Indian company and the first non-Japanese Asian bank to be listed on the New York Stock Exchange (NYSE) in 1999. In 2002, ICICI Ltd. merged with ICICI Bank in a reverse merger, effectively privatizing the institution and creating one of India’s largest private sector banks.
Over the years, ICICI Bank grew through strategic acquisitions and global expansion. It acquired several institutions including Bank of Madura (2001) and Bank of Rajasthan (2010), strengthening its domestic presence. The bank expanded internationally with subsidiaries in the UK and Canada and branches across multiple countries. Today, ICICI Bank is recognized by the Reserve Bank of India as a Domestic Systemically Important Bank (D-SIB), highlighting its significant role in India’s financial system.

ICICI Bank operates as a full-service financial institution providing a wide range of banking and financial services to retail customers, corporate clients, SMEs, and government entities. Its operations include savings and current accounts, loans (home, auto, personal, and business), credit cards, wealth management, investment banking, insurance, asset management, and digital banking services. The bank runs thousands of branches and ATMs across India and also operates internationally through subsidiaries and branches in countries such as the UK, Canada, the USA, Singapore, and the UAE. It heavily focuses on technology-driven services, including internet banking, mobile banking, and digital payment solutions, making it one of India’s leading private sector banks.

A business career at ICICI Bank offers diverse opportunities in banking, finance, technology, marketing, operations, risk management, and customer relationship management. The bank recruits fresh graduates as well as experienced professionals for roles in retail banking, corporate banking, investment services, digital banking, and financial analysis. It provides structured training programs, leadership development initiatives, and performance-based growth opportunities to help employees advance their careers. With its strong presence in India and international markets, ICICI Bank offers a dynamic work environment, competitive compensation, and exposure to modern banking technologies, making it an attractive choice for individuals seeking long-term growth in the financial services industry.

The ideology of ICICI Bank is centered on customer focus, innovation, integrity, and sustainable growth. The bank aims to provide accessible, technology-driven financial solutions that support individuals, businesses, and the broader economy. It emphasizes strong corporate governance, transparency, and ethical practices while maintaining financial stability and risk management. ICICI Bank also promotes financial inclusion by expanding banking services to underserved communities and investing in digital platforms to make banking more convenient, secure, and efficient.

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