ICICI Bank Limited is a leading private sector bank in India, offering a diverse range of banking and financial services to individual and corporate clients. Established in 1994 as the banking arm of the Industrial Credit and Investment Corporation of India (founded in 1955), the company transitioned to its current form following the liberalization of India’s banking sector. Headquartered in Mumbai, ICICI Bank leverages India’s burgeoning economy to deliver comprehensive financial solutions across its extensive network.
The bank’s core business activities encompass retail banking, corporate and institutional banking, treasury operations and financial market services. Retail offerings include savings and current accounts, fixed deposits, consumer and mortgage loans, credit cards, and wealth management advisory. On the wholesale side, ICICI Bank provides working capital finance, term loans, trade services, cash management and structured finance solutions to large corporations, small and medium enterprises (SMEs), and public sector entities.
Beyond traditional banking, ICICI Bank has built a substantial presence in non-banking financial services through subsidiaries and joint ventures in asset management, life and general insurance, venture capital, private equity and investment banking. The bank has also pioneered digital banking initiatives, rolling out mobile and internet banking platforms, digital wallets and blockchain pilots to enhance customer convenience and operational efficiency.
Operating in India and across 15 countries—including the United States, United Kingdom, Canada, Singapore, China, and the Gulf Cooperation Council region—ICICI Bank serves a broad international clientele, particularly non-resident Indians. The bank is led by Managing Director and Chief Executive Officer Sandeep Bakhshi, who has overseen its expansion in digital delivery channels and global footprint. The board of directors comprises experienced banking professionals and industry experts, ensuring strong governance and strategic oversight.