ICICI Bank

Facts
Second Largest bank in India
It was formed in 1955 at the initiative of the World Bank, the Government of
India and representatives of Indian industry.
The principal objective was to create a development financial institution for
providing medium-term and long-term project financing to Indian businesses.
ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian
financial institution, and was its wholly-owned subsidiary.
Till 1999, ICICI was the first Indian company and the first bank or financial
institution from non-J apan Asia to be listed on the NYSE.
In J anuary 2002, ICICI and ICICI Bank approved the merger of ICICI and two
of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services
Limited and ICICI Capital Services Limited, with ICICI Bank.
Set up its international banking group in fiscal 2002.
Current Scenario
Total Asset worth of 167659 crore as on 31
st
March 2005
562 Branches and 1910 ATMs throughout India.
Equity shares are listed in BSE & NSE in India and NYSE
At September 20, 2005, ICICI Bank, with free float market capitalization* of
about Rs. 400.00 billion (US$ 9.00 billion) ranked third amongst all the
companies listed on the Indian stock exchanges
International presence in USA,UK, Canada, Russia, Singapore, Bahrain. UAE,
China, Bangladesh and South Africa.
Differentiators
Credit Ratings of Baa3(Moodys), BB+(S&P), CARE AAA ( CARE) and
AAA+(ICRA) in fiscal 2005
Best Bank in India by Euromoney in fiscal 2005
Indias most customer-friendly bank by Outlook Money in fiscal 2005
Organisation Structure
Four principal groups
Retail Banking
services for retail customerscustomers and small and medium scale
enterprises
Largest provider of retail credit in India
Wholesale Banking
products and services for corporate clients
Credit and treasure products, project finance, structured finance and
transaction banking services
Rural, Micro-Banking and Agri-business group (RMAG) forms part of
WBG
International Business
Handles international operations of the bank
Services 400,000 NRI accounts.
Corporate Centre
All shared services and all corporate functions like finance, investor
relations, communications
Products & Services offered
Transaction Banking
Treasury Solutions
Investment Solutions
Securities Markets Services
International Banking Services
Corporate & Structured Finance
Retail banking
Social Initiatives
ICICI Bank's social sector initiatives aim to resolve some of the most fundamental
developmental problems faced by India today.
Early Child Health- Maximizing the proportion of healthy three year olds
Elementary Education - Maximizing the number of 14-year olds who have a
basic level of education
Micro Financial Services - Maximizing access to basic financial services
Strength in retail business
ICICI Bank commands strong position in retail credit market in India. The retail finance
business as a proportion of total asset size has grown from 6% in FY02 to 18% in FY03
to 24% at the end of December 2003.
ICICI holds commendable market share in all retail segments
Through its strong geographical network and innovative marketing strategies, ICICI
Bank holds commendable market share in all retail segments
ICICI Bank's market share Market share of nearest competitor
Auto & two wheeler 34% 15%
Mortgage 30% 30%
Commercial Vehicle 25% 18%
Personal Loan 22% 19%
Total 30% -