ICICI Bank

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Thu Bui

ICICI Bank Limited is one of India's leading financial services firms, with a global presence in 17 countries. It provides its customers with a comprehensive range of banking and financial services via a number of delivery channels and specialized subsidiaries. The subsidiaries include investment banking, life and non-life insurance, venture capital, and asset management. The bank has 5,275 branches and 15,589 ATMs across India. It has branches or representative offices in countries such as the United Kingdom, Canada, and the United States, as well as Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China, South Africa, the United Arab Emirates, Bangladesh, Malaysia, and Indonesia.

The company's UK affiliate has expanded its global reach by opening branches in Belgium and Germany. ICICI Bank has also been engaged in the digital area, offering innovative digital banking solutions to give consumers a seamless banking experience. This involves the introduction of mobile banking, online banking, and digital payment options.

Profits climbed from Rs. 5,959 crore in FY18 to Rs. 8,434 crore in FY20, indicating the company's solid financial performance over the years. The company's return on equity (ROE) has also increased from 15.4% in FY18 to 18.2% in FY20, suggesting that it has been able to generate more excellent value for its owners. The company's non-performing assets (NPA) have also been decreased from Rs. 25,031 crore in FY18 to Rs. 8,981 crore in FY20. This illustrates the company's ability to eliminate problematic loans and improve asset quality.


Founded: 1994

Headquarters: Mumbai, Maharashtra

Website: https://www.icicibank.com

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ICICI Bank

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