ICICI Bank Company Profile, Origin Country, Market Cap

ICICI Bank Limited is an Indian multinational bank and financial services company, headquartered in Mumbai, Maharashtra, India. It offers a wide range of banking and financial services to retail, corporate and institutional clients. The bank operates in retail banking, wholesale banking, treasury and other banking services. These include but not limited to saving accounts, fixed deposits, credit cards, wealth management, corporate loans, escrow accounts, cash management, trade finance, foreign exchange, investment banking, asset management and venture capital.

Company Profile

Industrial Credit and Investment Corporation of India or ICICI was established on 5^th January 1955 as a joint venture involving the Government of India, World Bank, public sector banks, insurance companies and other industry stakeholders. Its objective was providing medium and long-term finance to Indian industries. In the year 1994, ICICI incorporated ICICI Bank Limited as a wholly-owned subsidiary to enter into the commercial banking sector.

ICICI Bank opened its first branch in the year 1996. It pioneered internet banking in India by launching one of the first online banking platforms in the country in 1998. In the year 2001, ICICI merged with ICICI Bank Limited and its other subsidiaries to form a single banking entity.

ICICI Bank is one of the largest private sector bank in India. It has a network of more than 6900 branches and over 16,000 ATMs across India. ICICI Bank has been designated as a Domestic Systematically Important Bank or D-SIB by the Reserve Bank of India.

Origin Country

ICICI Bank Limited has its origins in India. However, it is a multinational bank and has operations in 17 countries worldwide. They include USA, Singapore, Hong-Kong, Bahrain, China and South Africa.

Market Cap

Market capitalisation of ICICI Bank Limited, as of October 2025, is INR 9.92 trillion. Its current share price is INR 1393.