ICICI Bank Limited (NYSE:IBN) is India's largest private sector bank with consolidated total assets of US $ 124.76 billion at March 31, 2014. Its subsidiaries include India's leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. The Bank's presence spans 18 countries, including India.
Comments of Ms Chanda Kochhar, MD & CEO, ICICI Bank on RBI credit policy:
The decision to keep policy rates unchanged is in line with market expectations, and underscores the stability of thinking in monetary policy. The inclusion of SLR securities up to 5% in the computa... (more)
ICICI Bank, the country's largest private sector bank announces the launch of Smart Star, a savings account that can be opened and operated by minors above 10 years of age, all by themselves.
Speaking on the initiative, Mr. Rajiv Sabharwal, Executive Director, ICICI Bank,... (more)
ICICI Bank, India's largest private sector bank, today announced the launch of 'NRI Advantage', a new product benefit for its NRI customers. It is available to NRI Premia, NRI Pro and NRI savings account holders.
NRI Advantage has been designed with the objective ... (more)
ICICI Bank Limited, India's largest private sector bank, today signed a framework agreement with The Export-Import Bank of China (China Exim Bank) for USD 1 billion. Under this agreement, China Exim Bank will consider providing short term and long term credit lines to ICICI Bank for financing p... (more)
The Board of Directors of ICICI Bank Limited (NYSE: IBN) has considered and approved the sub-division (split) of one equity share of the Bank having a face value of ` 10 into five equity shares of face value of ` 2 each. Each American Depositary Share (ADS) of ICICI Bank will continue to represent ... (more)
ICICI Bank, India’s largest private sector bank, organized Coin Exchange Melas at its Delhi Road and Gandhi Nagar branches in Moradabad, Uttar Pradesh under the guidance of the Reserve Bank of India.
The melas were organised to offer free facilities of exchanging curren... (more)
ICICI Bank, India’s largest private sector bank, today organised a Coin Exchange Mela at its MP Nagar branch in Madhya Pradesh under the guidance of the Reserve Bank of India.
Mr. Murli Radhakrishnan, Regional Director, Reserve Bank of India inaugurated the event which ... (more)