ICICI Bank Ltd. - BDR (I1BN34)

Overview

ICICI Bank Limited is a comprehensive financial institution offering a wide array of banking products and services both in India and internationally. The bank operates through several segments including Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others. Established in 1955, ICICI Bank prides itself on its diversified service portfolio that caters to various customer needs across the spectrum. Headquartered in Mumbai, India, the bank has established a robust presence, reinforcing its position as a leading player in the banking and financial services industry.

Products and Services

• Banking Accounts: ICICI Bank offers a variety of accounts including savings, salary, pension, current, and various other accounts, along with time, fixed, recurring, and security deposit services.
• Loans: The bank provides a comprehensive suite of loan products such as home, car, two-wheeler, personal, gold, and commercial business loans, including loans against securities. It caters to both individual and business needs, offering business loans, working capital finance, term loans, collateral-free loans, and finance solutions for importers and exporters, among others.
• Cards: A wide range of card services including credit, debit, prepaid, travel, forex, and corporate cards, addressing various payment solution needs.
• Pockets Wallet: An innovative digital wallet solution for simplified payments and financial transactions.
• Investment Products: Offering investment avenues like mutual funds, gold monetization schemes, initial public offerings, and other online investment services to cater to the diverse investment needs of customers.
• Agri and Rural Services: Providing focused services and products for the agri and rural sector including farmer finance, tractor loans, and micro banking services, alongside offerings to agri corporates.
• Additional Banking Services: Encompasses portfolio management, trade, foreign exchange, locker services, private and NRI banking, and cash management services. Also extends family wealth and demat accounts, meeting the broader and specific banking needs.
• Commercial and Investment Banking: Delivers commercial and investment banking, capital market, custodial, and institutional banking services, supporting the complex financial operations of businesses and institutions.
• Insurance: Offers health, personal accident, fire, and motor insurance, along with distributing general and life insurance products, providing comprehensive coverage options for individuals and businesses alike.
• Internet, Mobile, and Phone Banking: Delivers modern banking services through Internet, mobile, and phone banking, ensuring banking services are accessible from anywhere at any time.
• Securities Investment and Management Services: Provides securities investment, broking, trading, and underwriting services, along with merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services, catering to investment and asset management needs.