#1
23rd March 2016, 10:14 AM
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ICICI Banks
Hello, I want to know the details of the ICICI Bank, as I want to invest in it, will you please provide me?
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#2
23rd March 2016, 10:15 AM
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Re: ICICI Banks
Hello, here I am providing you the details of the ICICI Bank as under: About the bank: ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara. Key people Mr. M. K. Sharma (Chairman) Mrs.Chanda Kochhar (MD & CEO) Products Credit cards Consumer banking Corporate banking Finance and insurance Investment banking Mortgage loans Private banking Wealth management Personal Loan Payment Solutions Acquisitions: 1996: SCICI Ltd. A diversified financial institution with headquarters in Mumbai 1997: ITC Classic Finance. incorporated in 1986, ITC Classic was a non-bank financial firm that engaged in hire, purchase, and leasing operations. At the time of being acquired, ITC Classic had eight offices, 26 outlets, and 700 brokers. 1998: Anagram(ENAGRAM) Finance. Anagram had built up a network of some 50 branches in Gujarat, Rajasthan, and Maharashtra that were primarily engaged in retail financing of cars and trucks. 2001: Bank of Madurai 2002: The Darjeeling and Shimla branches of Grindlays Bank 2005: Investitsionno-Kreditny Bank (IKB), a Russian bank 2007: Sangli Bank. Sangli Bank was a private sector unlisted bank, founded in 1916, and 30% owned by the Bahte family. Its headquarters were in Sangli in Maharashtra, and it had 198 branches. 2010: The Bank of Rajasthan (BOOR) was acquired by the ICICI Bank in 2010 for ₹ 30 billion. RBI was critical of BOR's promoters not reducing their holdings in the company. |
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