IBN Stock Discussion

ICICI Bank Limited Description

ICICI Bank Limited, together with its subsidiaries, provides banking and financial services to corporate and retail customers in 19 countries, including India. It primarily offers commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking, and treasury products and services. The company provides current and savings accounts, term deposits, fixed and recurring deposits, outward remittances, and salary accounts; credit, debit, prepaid, and corporate cards; and home, commercial vehicle, personal, and car loans, as well as loans against securities. It also offers life, travel, health, car, two wheeler, home, and student medical insurance products; demat accounts; and investment products, such as mutual funds, gold, bonds, foreign exchange, and initial public offerings, as well as senior citizens savings schemes. In addition, the company provides wealth management products and services, including funds and investments, such as mutual funds, portfolio management services, and alternative investments; lockers; and risk protection, investment advisory and management, and shipment tracking services. Further, it offers real estate services related to residential and commercial real estate, joint venture structuring, and funding; direct equity; real estate funds; cash management and trade services; mergers and acquisitions advisory and loan syndication services; financial institutions, capital market, and custodial services; and project and technology finance. Additionally, the company provides business loans and vendor/dealer finance; transaction banking, trade, and private equity placement services; and NRI, rural and agricultural, Internet, mobile, and phone banking services. As of August 13, 2013, it had a network of 3,377 branches and approximately 11,000 ATMs in India. ICICI Bank Limited was founded in 1955 and is based in Mumbai, India.

Sector: Financial Services
Industry: Banks - Regional - Asia
Keywords: Banking Bank Commercial Banking Retail Banking Cash Management Investment Product Investment Banking Business Loans Venture Capital Portfolio Management Real Estate Services Cement Services Custodial Services Residential And Commercial Real Estate Placement Services Wealth Management Products Real Estate Funds Medical Insurance Fullerton Securities Tracking Services Portfolio Management Services Transaction Banking Car Loans Loan Syndication Services Medical Insurance Product Syndication Services Treasury Products