ICICI Bank, founded in 1994, is India's largest private sector bank by consolidated assets, with a significant presence in both domestic and international markets. The bank offers a wide array of banking and financial services, including commercial and retail banking, insurance, investment banking, and asset management, through its extensive network of branches and specialized subsidiaries. As of March 31, 2023, ICICI Bank had 5,900 branches and 16,650 ATMs, with total assets amounting to Rs. 15,842.07 billion.
Over the years, ICICI Bank has expanded its operations significantly through strategic mergers and acquisitions, such as the integration of the Bank of Madura and Bank of Rajasthan, and has actively grown its international presence with subsidiaries in countries like Canada and Russia. The bank has focused on increasing its retail loan portfolio and enhancing its digital offerings to strengthen its customer base. It has also maintained a robust growth trajectory in deposits and advances, emphasizing a risk-calibrated growth strategy. ICICI Bank's shares are listed on major stock exchanges in India and the New York Stock Exchange.
